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Lowell 01852 Belvidere
438 Butman Rd
$255,000
● House - Off Market

438 Butman Rd

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,060 Ft²
$452,613
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Bring your vision to this huge home with plenty of space.  This property will not qualify for FHA financing, Cash or REHAB loans only.  Subject to third party approval.   This is 4 bedroom, spacious Colonial in Belvidere. Enter into a large foyer with grand oak staircase. Built in wood cabinet in Formal DR, large eat in kitchen with island.Office/playroom and laundry on 1st floor very spacious. Walk up attic has Hip roof ready to finish for more living space or storage. Full walk out basement. Excellent commuter location.  PROPERTY SOLD AS IS AND WEREAS.
Unit Size
3,060 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$83
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71883831)

Price History

Date / Event Date Event Price
Dec 4, 2015 Sold
Premium
Sold
Aug 4, 2015 Listed by AMB Realty Group $255,000
Listed by AMB Realty Group
Mar 20, 2007 Sold
Premium
Sold
Jun 28, 2006 Listed by AMB Realty Group $309,000
Listed by AMB Realty Group
Apr 14, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,671
  • Total Building Area: 2,800
  • Gross Building Area: 5,208
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lowell School District
  • School Tax School District: LOWELL SD
  • Census Tract: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: E01715
  • Parcel: LOWE M:252 B:920 L:438
  • Block: 920
  • Lot: 438
  • Municipality: LOWELL
  • Latitude: 42.6328
  • Longitude: -71.281

    Address

  • Full Address: 438 Butman Rd
  • Address - House Number: 438
  • Address - Street Name: Butman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C085
  • 4-Digit Zip Code: 4308
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $722,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 714,404
  • High Value: 847,447
  • Low Value: 581,361

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $581,400
  • Assessed Land Value: $162,700
  • Assessed Improvements Value: $418,700

    Sales

  • Current Sale Recording Date: Dec 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55679
  • Previous Sale Recording Date: Mar 20, 2007
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Belvidere

Stats & Trends

Median Asking:

$614,500

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2189 ft²

Average Home Age

98.9 years

Currently For Sale

27 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71883831

Frequently Asked Questions

When was property at 438 Butman Road built and last sold?
The property at 438 Butman Road was built in 1910 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 438 Butman Road is $294,012.
What are some comparable homes to 438 Butman Road?
There are currently no comparable homes to 438 Butman Road.
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