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Lowell 01852 Back Central
51 Floyd St
$430,000
● House - Off Market

51 Floyd St

Lowell, MA 01852
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,217 Ft²
$2,107
Est. Monthly

About This Property

This Gem is waiting for a new owner! This home is perfect for investors looking to either flip or hold! The property has the potential of being CONVERTED into a two family so more for your bucks. If you're a big family looking for a place to revamp and add your own unique touches and twists here is the home for you! This six bedroom two full bath has a lot of charm and its two car garage gives you an upper hand on those snow days...it gives you an upper hand in parking on this street period! Come to our open house this Saturday January 27th from 12pm-2pm, all offers if any are due by Monday January 29th by 2pm.  There will be NO showings prior to open house, home is being sold as is. Don't let this great opportunity pass you by!
Unit Size
2,217 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$158
Property Type
House
Property Taxes
$384
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 #73195815)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Premium
Sold
Jan 31, 2024 In contract -
In contract
Jan 23, 2024 Listed by Cameron Real Estate Group $350,900
Listed by Cameron Real Estate Group
Apr 4, 2011 Sold
Premium
Sold
Feb 28, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,171
  • Total Building Area: 2,217
  • Gross Building Area: 3,111
  • Building Area: 2,217
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,217
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • 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: 312000

Zoning

  • Zoning: TTF

Geography

  • Account Number: I00015
  • Parcel: LOWE M:182 B:2370 L:51
  • Block: 2370
  • Lot: 51
  • Municipality: LOWELL
  • Latitude: 42.6337
  • Longitude: -71.3054

    Address

  • Full Address: 51 Floyd St
  • Address - House Number: 51
  • Address - Street Name: Floyd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C078
  • 4-Digit Zip Code: 4107
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 365,187
  • High Value: 393,450
  • Low Value: 336,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,900
  • Assessed Land Value: $85,600
  • Assessed Improvements Value: $285,300

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5414
  • Previous Sale Recording Date: Apr 04, 2011
  • Previous Sale Amount: $843
  • 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 Back Central

Stats & Trends

Median Asking:

$564,950

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2163 ft²

Average Home Age

33.1 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 73195815

Frequently Asked Questions

When was property at 51 Floyd Street built and last sold?
The property at 51 Floyd Street was built in 1900 and last sold on Mar 1, 2024 for $430,000.
How much is this home worth?
The estimated value of the home located at 51 Floyd Street is $356,413.
What are some comparable homes to 51 Floyd Street?
There are currently no comparable homes to 51 Floyd Street.
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