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Lowell 01852 Belvidere
54 Thorndike Rd
$220,000
● House - Off Market

54 Thorndike Rd

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,442 Ft²
$397,001
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Accepted offer, pending signatures. Top notch neighborhood in Belvidere.  Great potential in this home.  Price reflects work needed including: roof, windows, kitchen, baths, hw flr refinishing, etc.  Make this affordable house your dream home with a rehab loan.  You'll love this neighborhood.  Make an offer today before it's gone!  Please have highest and best offers in by Monday, April 8th by 12pm.
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$139
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71501956)

Price History

Date / Event Date Event Price
May 3, 2013 Sold
Premium
Sold
Apr 1, 2013 Listed by RE/MAX Encore $199,900
Listed by RE/MAX Encore
Jul 1, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,266
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,350
  • Total Building Area: 2,004
  • Gross Building Area: 4,238
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • 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: 312501

Zoning

  • Zoning: SSF

Geography

  • Account Number: G00920
  • Parcel: LOWE M:247 B:5700 L:54
  • Block: 5700
  • Lot: 54
  • Municipality: LOWELL
  • Latitude: 42.6482
  • Longitude: -71.2782

    Address

  • Full Address: 54 Thorndike Rd
  • Address - House Number: 54
  • Address - Street Name: Thorndike
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C088
  • 4-Digit Zip Code: 2022
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $679,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 608,296
  • High Value: 725,205
  • Low Value: 491,387

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $546,700
  • Assessed Land Value: $196,800
  • Assessed Improvements Value: $349,900

    Sales

  • Current Sale Recording Date: May 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 01, 1996
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: 43
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 Belvidere

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2141 ft²

Average Home Age

96.8 years

Currently For Sale

28 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# 71501956

Frequently Asked Questions

When was property at 54 Thorndike Road built and last sold?
The property at 54 Thorndike Road was built in 1962 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 54 Thorndike Road is $216,824.
What are some comparable homes to 54 Thorndike Road?
There are currently no comparable homes to 54 Thorndike Road.
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