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Lowell 01852 Belvidere
46 Butman Rd
$448,000
● House - Off Market

46 Butman Rd

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,424 Ft²
$403,114
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Warm & charming colonial with farmer's porch in a sought-after Belvidere neighborhood. First floor features a comfy living room with electric fireplace, tiled kitchen, half bath, and dining room with built-in hutch and access to a large deck overlooking a spacious fenced backyard. Second floor offers 3 ample bedrooms and a full bath. Hardwood flooring, French doors, and crown molding give this home lots of character. Great location convenient to Longmeadow and Trull Brook golf courses, Shedd Park, shopping, restaurants, and highways.  Property has been deleaded - letter of full deleading compliance available.
Unit Size
1,424 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$281
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1920

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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 #72964216)

Price History

Date / Event Date Event Price
May 18, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by Advisors Living - Andover $400,000
Listed by Advisors Living - Andover
May 28, 2015 Sold
Premium
Sold
Mar 31, 2015 Listed by Advisors Living - Andover $299,900
Listed by Advisors Living - Andover
Nov 27, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,521
  • Total Building Area: 1,424
  • Gross Building Area: 3,122
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000127
  • 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: D07610
  • Parcel: LOWE M:233 B:920 L:46
  • Block: 920
  • Lot: 46
  • Municipality: LOWELL
  • Latitude: 42.6424
  • Longitude: -71.2862

    Address

  • Full Address: 46 Butman Rd
  • Address - House Number: 46
  • Address - Street Name: Butman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C085
  • 4-Digit Zip Code: 3004
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 474,282
  • High Value: 562,608
  • Low Value: 385,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,600
  • Assessed Land Value: $159,600
  • Assessed Improvements Value: $235,000

    Sales

  • Current Sale Contract Date: May 18, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21288
  • Previous Sale Recording Date: May 28, 2015
  • Previous Sale Amount: $301,000
  • 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 Belvidere

Stats & Trends

Median Asking:

$614,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2178 ft²

Average Home Age

97 years

Currently For Sale

31 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# 72964216

Frequently Asked Questions

When was property at 46 Butman Road built and last sold?
The property at 46 Butman Road was built in 1920 and last sold on May 18, 2022 for $448,000.
How much is this home worth?
The estimated value of the home located at 46 Butman Road is $404,428.
What are some comparable homes to 46 Butman Road?
There are currently no comparable homes to 46 Butman Road.
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