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Lowell 01851 Highlands
48 Tyler Park
$399,999
● House - Off Market

48 Tyler Park

Lowell, MA 01851
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,454 Ft²
$637,701
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

ELEGANT, STATELY COLONIAL in need of some TLC to bring it back to it's former glory!  This magnificent home boasts original woodwork that has never been painted and is still in excellent condition.  Beautiful built in china cabinets, french doors, beamed ceilings, two fireplaces, chandeliers, orange tiled roof, and many more unique features make this home special.  Screened in porch overlooking Tyler Park for those summer concerts.  Charming 3 car detached garage and off street parking for 6 cars.  Newer furnace and hot water heater.  Do you have what it takes to make this diamond sparkle again?  Back on the market due to buyers default.
Unit Size
3,454 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$116
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1930

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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: 5 months ago (MLSPIN #72172352)

Price History

Date / Event Date Event Price
Aug 4, 2017 Sold
Premium
Sold
May 30, 2017 Listed by LAER Realty Partners $399,900
Listed by LAER Realty Partners
Nov 29, 1983 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,336
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,728
  • Total Building Area: 3,910
  • Gross Building Area: 6,016
  • Building Area: 3,910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 3,910
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000384
  • 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: 311400

Zoning

  • Zoning: SSF

Geography

  • Account Number: S05600
  • Parcel: LOWE M:74 B:5810 L:48
  • Block: 5810
  • Lot: 48
  • Municipality: LOWELL
  • Latitude: 42.6318
  • Longitude: -71.3414

    Address

  • Full Address: 48 Tyler Park
  • Address - House Number: 48
  • Address - Street Name: Tyler
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Lowell
  • Carrier Code: C052
  • 4-Digit Zip Code: 2905
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $825,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 850,260
  • High Value: 988,509
  • Low Value: 712,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,500
  • Assessed Land Value: $168,900
  • Assessed Improvements Value: $495,600

    Sales

  • Current Sale Recording Date: Aug 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34257
  • Previous Sale Recording Date: Nov 29, 1983
  • Previous Sale Amount: $95,000
  • 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 Highlands

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$312

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2440 ft²

Average Home Age

84.3 years

Currently For Sale

29 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 months ago
Data Source: MLS PIN, MLS# 72172352

Frequently Asked Questions

When was property at 48 Tyler Park built and last sold?
The property at 48 Tyler Park was built in 1930 and last sold on Jan 1, 1970 for $399,999.
How much is this home worth?
The estimated value of the home located at 48 Tyler Park is $404,069.
What are some comparable homes to 48 Tyler Park?
There are currently no comparable homes to 48 Tyler Park.
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