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Lowell 01850 Centralville
54 7th Street
$315,000
● House - Off Market

54 7th Street

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,386 Ft²
$498,804
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Plenty of room for your extended family and guests in this comfortable 11 room home with a fenced-in yard AND a one car garage, plus off-street parking for four cars.  Newer granite and stainless kitchen!  Updated electrical, newer boiler (approx. 9 years) and added insulation by MASS Save.  Large family room, dining room, living room and office complete the first floor.  Three roomy bedrooms on second floor all with hardwood flooring.  Third floor has three additional unheated rooms - great for game room, gym, and another home office - possibilities are endless! Move-in ready.
Unit Size
2,386 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$142
Property Type
House
Property Taxes
$335
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 #72472195)

Price History

Date / Event Date Event Price
Jul 1, 2019 Sold
Premium
Sold
Mar 28, 2019 Listed by Coldwell Banker Residential Brokerage - Tewksbury $339,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury
May 30, 2012 Sold
Premium
Sold
Nov 4, 2011 Listed by Coldwell Banker Residential Brokerage - Tewksbury $154,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • 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: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,190
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,413
  • Total Building Area: 2,386
  • Gross Building Area: 4,972
  • Building Area: 2,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,386
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000101
  • 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: 310200

Zoning

  • Zoning: TTF

Geography

  • Account Number: D03550
  • Parcel: LOWE M:196 B:5275 L:54
  • Block: 5275
  • Lot: 54
  • Municipality: LOWELL
  • Latitude: 42.6525
  • Longitude: -71.3007

    Address

  • Full Address: 54 7th St
  • Address - House Number: 54
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C017
  • 4-Digit Zip Code: 2152
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $500,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 516,603
  • High Value: 615,663
  • Low Value: 417,543

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,600
  • Assessed Land Value: $88,900
  • Assessed Improvements Value: $313,700

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26390
  • Previous Sale Recording Date: May 30, 2012
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: O
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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2150 ft²

Average Home Age

98.6 years

Currently For Sale

26 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# 72472195

Frequently Asked Questions

When was property at 54 7th Street built and last sold?
The property at 54 7th Street was built in 1900 and last sold on Jun 24, 2019 for $315,000.
How much is this home worth?
The estimated value of the home located at 54 7th Street is $361,043.
What are some comparable homes to 54 7th Street?
There are currently no comparable homes to 54 7th Street.
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