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Lowell 01850 Centralville
55 18th St
$600,000
● House - Off Market

55 18th St

Lowell, MA 01850
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,416 Ft²
$3,392
Est. Monthly

About This Property

*SELLER IS OFFERING $10,000 CREDIT TOWARDS BUYERS CLOSING COSTS". Spacious colonial on a double frontage lot with an oversized garage and plenty of additional parking. The first floor features a spacious entry with closet leading into the living room with new vinyl plank flooring and a fireplace. Kitchen, full bath and 2 bonus rooms complete the first floor. On the second floor, you will find four generously sized bedrooms and a full bath. Head on up to the third floor which is a fished attic space with two additional rooms. The two-car, two-story garage is oversized and has a lot of potential. Brand new heat pump heating system and AC was just installed in Nov/2024.
Unit Size
2,416 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$244
Property Type
House
Property Taxes
$495
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: 6 months ago (MLSPIN #73315008)

Price History

Date / Event Date Event Price
Feb 19, 2025 Sold
Premium
Sold
Jan 9, 2025 In contract -
In contract
Jan 6, 2025 Price Decreased $589,900
↓ $10K (1.7%)
Price Decreased
Dec 19, 2024 Price Increased $599,900
↑ $10K (1.7%)
Price Increased
Nov 21, 2024 Listed by eXp Realty $589,900
Listed by eXp Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

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: 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 906
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,280
  • Total Building Area: 2,416
  • Gross Building Area: 3,887
  • Building Area: 2,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,416
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • 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: TSF

Geography

  • Account Number: D02644
  • Parcel: LOWE M:193 B:2040 L:55
  • Block: 2040
  • Lot: 55
  • Municipality: LOWELL
  • Latitude: 42.6615
  • Longitude: -71.3014

    Address

  • Full Address: 55 18th St
  • Address - House Number: 55
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C006
  • 4-Digit Zip Code: 1305
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $561,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 585,368
  • High Value: 694,912
  • Low Value: 475,823

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,200
  • Assessed Land Value: $122,600
  • Assessed Improvements Value: $329,600

    Sales

  • Current Sale Contract Date: Feb 15, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5930
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

$299

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1957 ft²

Average Home Age

93.2 years

Currently For Sale

30 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: 6 months ago
Data Source: MLS PIN, MLS# 73315008

Frequently Asked Questions

When was property at 55 18th Street built and last sold?
The property at 55 18th Street was built in 1900 and last sold on Feb 15, 2019 for $340,000.
How much is this home worth?
The estimated value of the home located at 55 18th Street is $584,536.
What are some comparable homes to 55 18th Street?
There are currently no comparable homes to 55 18th Street.
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