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Lowell 01852 Belvidere
55 Edgewood St
$450,000
● House - Off Market

55 Edgewood St

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,450 Ft²
$495,886
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Don't miss your opportunity to own this spacious multi-level home located on a corner lot in Belvidere within walking distance to Long Meadow Golf Course.  This spacious home features a fireplace living/dining room with cathedral ceiling, 3 spacious bedrooms and 2 full baths.  There is hardwood flooring under most carpeting.  The lower level features a family room leading to another finished room with a washer and dryer hookup.  There is a 1 car garage with direct access into the home.  Close to shopping, major highways, and public transportation.  Private rear yard with a shed for extra storage.  With a bit of cosmetic work, this could be your dream home!  Property is being sold in "As Is" condition.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$324
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #73046406)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Oct 19, 2022 In contract -
In contract
Oct 10, 2022 Listed by Coldwell Banker Realty - Chelmsford $469,900
Listed by Coldwell Banker Realty - Chelmsford

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 41
  • Exterior Walls Type: 18
  • 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: 879
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,454
  • Total Building Area: 1,450
  • Gross Building Area: 2,364
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • 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: M15470
  • Parcel: LOWE M:264 B:2020 L:55
  • Block: 2020
  • Lot: 55
  • Municipality: LOWELL
  • Latitude: 42.6447
  • Longitude: -71.2736

    Address

  • Full Address: 55 Edgewood St
  • Address - House Number: 55
  • Address - Street Name: Edgewood
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C086
  • 4-Digit Zip Code: 3218
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 478,756
  • High Value: 559,286
  • Low Value: 398,227

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,200
  • Assessed Land Value: $175,900
  • Assessed Improvements Value: $211,300

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48488
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:

$599,000

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2465 ft²

Average Home Age

99.7 years

Currently For Sale

24 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: 5 months ago
Data Source: MLS PIN, MLS# 73046406

Frequently Asked Questions

When was property at 55 Edgewood Street built and last sold?
The property at 55 Edgewood Street was built in 1956 and last sold on Nov 30, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 55 Edgewood Street is $475,475.
What are some comparable homes to 55 Edgewood Street?
There are currently no comparable homes to 55 Edgewood Street.
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