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Lowell 01851 Highlands
488 Princton Blvd
$199,900
● House - Off Market

488 Princton Blvd

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,915 Ft²
$372,633
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

READY TO MOVE IN!   9 ROOMS!  Spacious Kitchen with Pantry, Ceiling Fan, Gas Stove, Eating Area, Formal Dining Room with Decrative  Fireplace, Hardwood Floor, Formal Living Room, Full Bath, First Floor Master with Hardwood, Paddle Fan, Den with Hardwood Floor!  2nd Floor 3 Bedrooms and Family Room and Full Bath.  Newer Roof, Windows.  New Farmers Porch, Some New Beams in basement, New Panel.  Shed, Back Deck and Parking for 6!  Location! Location!  Ready for a Quick Sale!
Unit Size
1,915 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$104
Property Type
House
Property Taxes
$230
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: 4 months ago (MLSPIN #71732531)

Price History

Date / Event Date Event Price
Oct 20, 2014 Sold
Premium
Sold
Aug 20, 2014 Listed by RE/MAX Insight $199,900
Listed by RE/MAX Insight
Apr 12, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,627
  • Total Building Area: 1,915
  • Gross Building Area: 3,454
  • Building Area: 1,915
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,915
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: S15975
  • Parcel: LOWE M:59 B:4770 L:488
  • Block: 4770
  • Lot: 488
  • Municipality: LOWELL
  • Latitude: 42.6332
  • Longitude: -71.3493

    Address

  • Full Address: 488 Princeton Blvd
  • Address - House Number: 488
  • Address - Street Name: Princeton
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C036
  • 4-Digit Zip Code: 2205
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $511,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 509,544
  • High Value: 607,615
  • Low Value: 411,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,500
  • Assessed Land Value: $139,000
  • Assessed Improvements Value: $272,500

    Sales

  • Current Sale Recording Date: Oct 20, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41810
  • Previous Sale Recording Date: Apr 12, 1999
  • Previous Sale Amount: $70,000
  • 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:

$530,000

Sale Price/ft²

$318

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2543 ft²

Average Home Age

89.3 years

Currently For Sale

32 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# 71732531

Frequently Asked Questions

When was property at 488 Princeton Boulevard built and last sold?
The property at 488 Princeton Boulevard was built in 1900 and last sold on Jan 1, 1970 for $199,900.
How much is this home worth?
The estimated value of the home located at 488 Princeton Boulevard is $218,125.
What are some comparable homes to 488 Princeton Boulevard?
There are currently no comparable homes to 488 Princeton Boulevard.
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