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Lowell 01852 South Lowell
5 Cottage Place
$234,000
● House - Off Market

5 Cottage Place

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,043 Ft²
$378,843
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Bright and Cheery Colonial where the Pride of ownership shows in this well-loved single-family home.  3 bedrooms, 1.5 baths, Modern cabinet packed Kitchen w / granite counter tops, center island  and stainless steel appliances. Washer /Dryer are included.  Laminate flooring throughout the home. Freshly Painted walls with modern tones make this home warm and inviting. Original windows have been upgraded with vinyl replacements. Enjoy  a summer barbecue on your own private deck overlooking fenced back yard  with lush perennials and lots of mature plantings. All this and a Shed set on level lot at the end of the road. Off street parking, Convenient to MeadowBrook Plaza, Lowell Connector and major highways . Don't miss this move in ready home!
Unit Size
1,043 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$228
Property Type
House
Property Taxes
$201
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: 6 months ago (MLSPIN #72201403)

Price History

Date / Event Date Event Price
Sep 14, 2017 Sold
Premium
Sold
Jul 20, 2017 Listed by Century 21 Commonwealth $237,900
Listed by Century 21 Commonwealth
Nov 30, 1989 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 648
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,562
  • Total Building Area: 1,043
  • Gross Building Area: 1,861
  • Building Area: 1,043
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,043
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESTATE ANDREWS C WHEELOCK
  • Land Acres: 0000000036
  • 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: 312200

Zoning

  • Zoning: TTF

Geography

  • Account Number: B12680
  • Parcel: LOWE M:166 B:1520 L:5
  • Block: 1520
  • Lot: 5
  • Municipality: LOWELL
  • Latitude: 42.6271
  • Longitude: -71.3138

    Address

  • Full Address: 5 Cottage Pl
  • Address - House Number: 5
  • Address - Street Name: Cottage
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lowell
  • Carrier Code: C070
  • 4-Digit Zip Code: 4403
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 365,423
  • High Value: 424,840
  • Low Value: 306,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,000
  • Assessed Land Value: $89,200
  • Assessed Improvements Value: $197,800

    Sales

  • Current Sale Recording Date: Sep 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40859
  • Previous Sale Recording Date: Nov 30, 1989
  • Previous Sale Amount: $92,000
  • 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 South Lowell

Stats & Trends

Median Asking:

$497,400

Sale Price/ft²

$304

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2164 ft²

Average Home Age

81.6 years

Currently For Sale

25 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72201403

Frequently Asked Questions

When was property at 5 Cottage Place built and last sold?
The property at 5 Cottage Place was built in 1900 and last sold on Jan 1, 1970 for $235,400.
How much is this home worth?
The estimated value of the home located at 5 Cottage Place is $243,516.
What are some comparable homes to 5 Cottage Place?
There are currently no comparable homes to 5 Cottage Place.
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