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Lowell 01852 South Lowell
516 Concord Street
$190,000
● House - Off Market

516 Concord Street

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,870 Ft²
$336,328
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Great level fenced lot and off street parking. Vinyl sided and lots of potential! 3 Season enclosed front Entrance. French doors from the foyer into the living room and another set of french doors from the kitchen into the dining room. Eat-in Kitchen, 3 bedrooms and full basement. Great opportunity, bring your energy, ambition, some friends and earn some sweat equity.
Unit Size
1,870 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$107
Property Type
House
Property Taxes
$248
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 #72060154)

Price History

Date / Event Date Event Price
Dec 2, 2016 Sold
Premium
Sold
Aug 31, 2016 Listed by RE/MAX Real Estate Group $199,900
Listed by RE/MAX Real Estate Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,728
  • Total Building Area: 1,870
  • Gross Building Area: 2,500
  • Building Area: 1,870
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,870
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000086
  • 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: 312300

Zoning

  • Zoning: TTF

Geography

  • Account Number: G10380
  • Parcel: LOWE M:203 B:1445 L:516
  • Block: 1445
  • Lot: 516
  • Municipality: LOWELL
  • Latitude: 42.6351
  • Longitude: -71.2989

    Address

  • Full Address: 516 Concord St
  • Address - House Number: 516
  • Address - Street Name: Concord
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C084
  • 4-Digit Zip Code: 3669
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 455,385
  • High Value: 542,906
  • Low Value: 367,864

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,900
  • Assessed Land Value: $93,900
  • Assessed Improvements Value: $260,000

    Sales

  • Current Sale Recording Date: Dec 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59609
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:

$499,950

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2216 ft²

Average Home Age

74 years

Currently For Sale

20 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# 72060154

Frequently Asked Questions

When was property at 516 Concord Street built and last sold?
The property at 516 Concord Street was built in 1900 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 516 Concord Street is $218,511.
What are some comparable homes to 516 Concord Street?
There are currently no comparable homes to 516 Concord Street.
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