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Lowell 01851 Highlands
49 Cornell St
$160,000
● House - Off Market

49 Cornell St

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,331 Ft²
$332,953
RealtyHop Estimate
116.34%
Since Mar 1, 2010
National-US
Primary Model

About This Property

FORECLOSURE - 3 bedroom home near UMass-Lowell at an affordable price! Needs much finish work. Buyer closing cost credit of 3.5% and 2 yr home warranty available to owner occupants if offer received by 1/31/10 and close by 3/26/10. Must submit coupon. Agents: See Firm Remarks. 3-5 business days for seller response to offers. Seller addendums required with P&S. Contract must be signed and returned to list agent within 48 hrs.
Unit Size
1,331 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$116
Property Type
House
Property Taxes
$213
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: 5 months ago (MLSPIN #71010468)

Price History

Date / Event Date Event Price
Apr 5, 2011 Sold
Premium
Sold
Feb 5, 2010 Sold
Premium
Sold
Dec 14, 2009 Listed by Carlson GMAC Real Estate $153,900
Listed by Carlson GMAC Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,331
  • Gross Building Area: 2,543
  • Building Area: 1,331
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,331
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND LOWELL
  • Land Acres: 0000000115
  • 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: TSF

Geography

  • Account Number: N02880
  • Parcel: LOWE M:46 B:1500 L:49
  • Block: 1500
  • Lot: 49
  • Municipality: LOWELL
  • Latitude: 42.6336
  • Longitude: -71.3538

    Address

  • Full Address: 49 Cornell St
  • Address - House Number: 49
  • Address - Street Name: Cornell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C033
  • 4-Digit Zip Code: 1504
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $467,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 450,388
  • High Value: 537,074
  • Low Value: 363,703

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,400
  • Assessed Land Value: $134,600
  • Assessed Improvements Value: $241,800

    Sales

  • Current Sale Recording Date: Apr 05, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Feb 05, 2010
  • Previous Sale Amount: $160,000
  • 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:

$539,900

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2542 ft²

Average Home Age

87.3 years

Currently For Sale

28 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# 71010468

Frequently Asked Questions

When was property at 49 Cornell Street built and last sold?
The property at 49 Cornell Street was built in 1965 and last sold on Jan 1, 1970 for $321.
How much is this home worth?
The estimated value of the home located at 49 Cornell Street is $170,403.
What are some comparable homes to 49 Cornell Street?
There are currently no comparable homes to 49 Cornell Street.
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