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Lowell 01852 Back Central
53 Chapel Street
$44,000
● House - Off Market

53 Chapel Street

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,479 Ft²
$178,950
RealtyHop Estimate
258.62%
Since Nov 1, 1997
National-US
Primary Model

About This Property

FANNIE MAE FORECLOSURE. SOLD 'AS IS' AND 'AS SHOWN'. YOU'LL BE PLEASANTLY SURPRISED BY THE INTERIOR.
Unit Size
1,479 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$34
Property Type
House
Property Taxes
$74
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 years ago (MLSPIN #30153331)

Price History

Date / Event Date Event Price
Nov 21, 2008 Sold
Premium
Sold
Oct 25, 2005 Sold
Premium
Sold
Oct 19, 1997 Sold
Premium
Sold
Mar 18, 1997 Listed by Century 21 Sager Real Estate $49,900
Listed by Century 21 Sager Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 935
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,345
  • Total Building Area: 1,467
  • Gross Building Area: 2,568
  • Building Area: 1,467
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,467
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000054
  • 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: 311900

Zoning

  • Zoning: UMF

Geography

  • Account Number: D00490
  • Parcel: LOWE M:180 B:1150 L:53
  • Block: 1150
  • Lot: 53
  • Municipality: LOWELL
  • Latitude: 42.6383
  • Longitude: -71.3074

    Address

  • Full Address: 53 Chapel St
  • Address - House Number: 53
  • Address - Street Name: Chapel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C077
  • 4-Digit Zip Code: 2664
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $380,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 391,488
  • High Value: 455,143
  • Low Value: 327,834

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,300
  • Assessed Land Value: $78,200
  • Assessed Improvements Value: $228,100

    Sales

  • Current Sale Recording Date: Nov 21, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00051277
  • Previous Sale Recording Date: Oct 25, 2005
  • Previous Sale Amount: $260,000
  • 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 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 years ago
Data Source: MLS PIN, MLS# 30153331

Frequently Asked Questions

When was property at 53 Chapel Street built and last sold?
The property at 53 Chapel Street was built in 1900 and last sold on Jan 1, 1970 for $58,793.
How much is this home worth?
The estimated value of the home located at 53 Chapel Street is $71,876.
What are some comparable homes to 53 Chapel Street?
There are currently no comparable homes to 53 Chapel Street.
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