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Lowell 01852 Belvidere
45 Elmont Road
$395,900
● House - Off Market

45 Elmont Road

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$642,464
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Prime Belvidere location! Enjoy the benefits of a historical city while living in the heart of one of the more sought out areas. This home offers sparkling hardwood floors throughout the main level, brand new L shaped kitchen cabinets with granite counter tops and all new stainless steel appliances.  The open concept makes this house airy and comfortable. Enjoy the rest of the winter sitting by a warm fire or move on to the lower level family room to hang out and just relax. Everything is done! Oh, and you are minutes from major highways! Landscaping will have to be completed in the spring.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$195
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1965

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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: 4 months ago (MLSPIN #72113235)

Price History

Date / Event Date Event Price
Jan 22, 2021 Sold
Premium
Sold
Dec 3, 2020 Listed by AMB Realty Group $529,000
Listed by AMB Realty Group
Mar 17, 2017 Sold
Premium
Sold
Jan 27, 2017 Listed by AMB Realty Group $389,900
Listed by AMB Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 800
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,024
  • Total Building Area: 1,624
  • Gross Building Area: 2,424
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 312501

Zoning

  • Zoning: SSF

Geography

  • Account Number: R00860
  • Parcel: LOWE M:246 B:2110 L:45
  • Block: 2110
  • Lot: 45
  • Municipality: LOWELL
  • Latitude: 42.6501
  • Longitude: -71.2782

    Address

  • Full Address: 45 Elmont Rd
  • Address - House Number: 45
  • Address - Street Name: Elmont
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C088
  • 4-Digit Zip Code: 1605
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $578,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 588,383
  • High Value: 694,743
  • Low Value: 482,022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,000
  • Assessed Land Value: $186,000
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Contract Date: Jan 18, 2021
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 309130
  • Previous Sale Recording Date: Mar 17, 2017
  • Previous Sale Contract Date: Mar 16, 2017
  • Previous Sale Amount: $395,900
  • 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 Belvidere

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$327

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2113 ft²

Average Home Age

96.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72113235

Frequently Asked Questions

When was property at 45 Elmont Road built and last sold?
The property at 45 Elmont Road was built in 1965 and last sold on Jan 18, 2021 for $540,000.
How much is this home worth?
The estimated value of the home located at 45 Elmont Road is $532,036.
What are some comparable homes to 45 Elmont Road?
There are currently no comparable homes to 45 Elmont Road.
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