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Lowell 01852 Back Central
44 Groves Ave
$189,900
● House - Off Market

44 Groves Ave

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
907 Ft²
$249,498
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

This 3 bed 1 bath home is a must-see close to schools, shopping, and transportation. Very close to Route 495 and Route 3! It boasts a brand new roof, and a full Mass save energy audit, and has Letter of Compliance for Lead Paint!  With a little TLC it can be a home for you! It is situated at the end of a dead end street and close to Downtown, Lowell Connector, and the Lowell MBTA station! Make your appointment today this one wont last!!
Unit Size
907 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$209
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 years ago (MLSPIN #72747939)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Oct 23, 2020 Listed by Keller Williams Realty - Merrimack $189,900
Listed by Keller Williams Realty - Merrimack
May 31, 2017 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 504
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,062
  • Total Building Area: 907
  • Gross Building Area: 1,527
  • Building Area: 907
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 907
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000024
  • 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: 311900

Zoning

  • Zoning: TTF

Geography

  • Account Number: U00120
  • Parcel: LOWE M:180 B:2755 L:44
  • Block: 2755
  • Lot: 44
  • Municipality: LOWELL
  • Latitude: 42.6389
  • Longitude: -71.305

    Address

  • Full Address: 44 Groves Ave
  • Address - House Number: 44
  • Address - Street Name: Groves
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C063
  • 4-Digit Zip Code: 2630
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $278,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 285,506
  • High Value: 340,378
  • Low Value: 230,634

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,500
  • Assessed Land Value: $70,100
  • Assessed Improvements Value: $154,400

    Sales

  • Current Sale Contract Date: Dec 08, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66934
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: O
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 Back Central

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$285

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2163 ft²

Average Home Age

33.1 years

Currently For Sale

7 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: 5 years ago
Data Source: MLS PIN, MLS# 72747939

Frequently Asked Questions

When was property at 44 Groves Avenue built and last sold?
The property at 44 Groves Avenue was built in 1900 and last sold on Dec 8, 2020 for $189,900.
How much is this home worth?
The estimated value of the home located at 44 Groves Avenue is $0.
What are some comparable homes to 44 Groves Avenue?
There are currently no comparable homes to 44 Groves Avenue.
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