Fantastic opportunity to live in "downtown Lowell's most
prestigious address, The Residences at the American Textile Museum!
This fabulously designed 2 bedroom loft has the best of everything!
Open floor plan, gourmet kitchen, hardwood floors, built ins
galore, custom closet designed spaces, appliances , washer/dryer
all stay. Very beautifully done at a price that can't be beat!
Steps to shops, museums, restaurants, Tsongas Arena, Lowell
Auditorium, 495/Rt3/Rt93/Lowell Connector.
Unit Size
904 Ft²
Days on Market
-
Land Size
-
Price per sqft
$275
Property Type
Condo
Property Taxes
$280
HOA Dues
$257
Year Built
-
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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.
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, T-Station, University
Management: Professional - Off Site
491 Dutton
#506,
Lowell, MA,
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