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Lowell 01854 Pawtucketville
50 Luz Drive
$440,000
● House - Off Market

50 Luz Drive

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,426 Ft²
$459,699
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Buyer couldn't obtain financing so Here's Your Opportunity!!! Awesome move in Condition Ranch located in Pawtucketville Home has large eat in kitchen, leading to rear family room, and a front formal living room, 2 good size bedrooms and a large full bath.  Hardwood floors and w/w .  Lower level offers you a family room/bedroom and a full bath plus a laundry area with work shop and utilities, then to a separate room with access to rear/side yards. You and your family will fall  in love with this home and it's location Don't Delay, Show this GEM today!!
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$298
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1968

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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 #72906925)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Oct 11, 2021 Listed by G. J. Brown Realty $425,000
Listed by G. J. Brown Realty
Sep 26, 1968 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,208
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,932
  • Total Building Area: 1,426
  • Gross Building Area: 2,461
  • Building Area: 1,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • 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: 310601

Zoning

  • Zoning: SSF

Geography

  • Account Number: D05395
  • Parcel: LOWE M:29 B:3765 L:50
  • Block: 3765
  • Lot: 50
  • Municipality: LOWELL
  • Latitude: 42.6482
  • Longitude: -71.3638

    Address

  • Full Address: 50 Luz Dr
  • Address - House Number: 50
  • Address - Street Name: Luz
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lowell
  • Carrier Code: C028
  • 4-Digit Zip Code: 1220
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 498,213
  • High Value: 590,981
  • Low Value: 405,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,800
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $247,800

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2365
  • Previous Sale Recording Date: Sep 26, 1968
  • Previous Sale Amount: $17,500
  • 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 Pawtucketville

Stats & Trends

Median Asking:

$519,999

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1660 ft²

Average Home Age

71.6 years

Currently For Sale

30 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# 72906925

Frequently Asked Questions

When was property at 50 Luz Drive built and last sold?
The property at 50 Luz Drive was built in 1968 and last sold on Jan 14, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 50 Luz Drive is $434,060.
What are some comparable homes to 50 Luz Drive?
There are currently no comparable homes to 50 Luz Drive.
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