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Lowell 01850 Centralville
47 Varnum St.
$445,000
● House - Off Market

47 Varnum St.

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,897 Ft²
$490,965
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Pride of Ownership throughout in this Christian Hill Colonial.  Offers a beautiful update kitchen with granite counter tops, stainless steel appliances, recessed and under counter lights and ceiling fan.  Dining room with a built in China cabinet, glass doors, music room, living room, updated full bath, and sun room all on the 1st floor.  2nd floor offers 3 bedrooms, all with ceiling fans, updated full bath and laundry. Walk up attic has an office and room for storage.  Lovely yard with storage shed and beautiful flowers.  Detached 1 car garage with garage door opener.  Don't miss the flag pole in the front of the house.  Real Estate Agent is related to the sellers.
Unit Size
1,897 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$226
Property Type
House
Property Taxes
$336
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 #72847359)

Price History

Date / Event Date Event Price
Aug 6, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by Neighborhood Assistance $429,000
Listed by Neighborhood Assistance

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 804
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,329
  • Total Building Area: 1,897
  • Gross Building Area: 3,621
  • Building Area: 1,897
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,897
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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: 310200

Zoning

  • Zoning: TTF

Geography

  • Account Number: C07090
  • Parcel: LOWE M:196 B:5890 L:47
  • Block: 5890
  • Lot: 47
  • Municipality: LOWELL
  • Latitude: 42.653
  • Longitude: -71.3001

    Address

  • Full Address: 47 Varnum St
  • Address - House Number: 47
  • Address - Street Name: Varnum
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C016
  • 4-Digit Zip Code: 2132
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 494,747
  • High Value: 586,680
  • Low Value: 402,813

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,700
  • Assessed Land Value: $93,600
  • Assessed Improvements Value: $284,100

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46588
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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$301

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2146 ft²

Average Home Age

94.5 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72847359

Frequently Asked Questions

When was property at 47 Varnum Street built and last sold?
The property at 47 Varnum Street was built in 1900 and last sold on Aug 6, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 47 Varnum Street is $0.
What are some comparable homes to 47 Varnum Street?
There are currently no comparable homes to 47 Varnum Street.
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