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Lowell 01852 Belvidere
56 Wetherbee Ave
$293,000
● House - Off Market

56 Wetherbee Ave

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,772 Ft²
$499,515
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Attention Buyers!! Seller has Reduced list price by $15,000.  Also as an added Bonus!!! Seller will pay up to $5,000 towards buyers Closing Costs and Pre-Paids.  Roof    is 5 years old. This Belvidere Home has so much charm!! Lots of Hardwood on the 1st floor. Built ins.  Over-sized Living Room with Fireplace. Dining Room, Game room plus 2 Bedrooms on 1st floor. One could be used as an additional Family Room. It exits out to a Large Screened in Porch. 2 good sized bedrooms upstairs. Entertain all summer long with a Large Screened in porch and private back yard!! Not a Drive-By.
Unit Size
1,772 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$178
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1940

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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 #72217171)

Price History

Date / Event Date Event Price
Nov 15, 2017 Sold
Premium
Sold
Aug 22, 2017 Listed by LAER Realty Partners $314,900
Listed by LAER Realty Partners
Sep 7, 2012 Sold
Premium
Sold
Jul 18, 2012 Listed by LAER Realty Partners $248,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 920
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 1,772
  • Gross Building Area: 3,532
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELVIDERE PARK
  • Land Acres: 0000000126
  • 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: C13990
  • Parcel: LOWE M:263 B:6315 L:56
  • Block: 6315
  • Lot: 56
  • Municipality: LOWELL
  • Latitude: 42.6479
  • Longitude: -71.2741

    Address

  • Full Address: 56 Wetherbee Ave
  • Address - House Number: 56
  • Address - Street Name: Wetherbee
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C091
  • 4-Digit Zip Code: 2014
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 473,515
  • High Value: 556,655
  • Low Value: 390,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,400
  • Assessed Land Value: $151,100
  • Assessed Improvements Value: $236,300

    Sales

  • Current Sale Recording Date: Nov 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51183
  • Previous Sale Recording Date: Sep 07, 2012
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: 35
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:

$614,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2178 ft²

Average Home Age

97 years

Currently For Sale

31 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72217171

Frequently Asked Questions

When was property at 56 Wetherbee Avenue built and last sold?
The property at 56 Wetherbee Avenue was built in 1940 and last sold on Jan 1, 1970 for $293,000.
How much is this home worth?
The estimated value of the home located at 56 Wetherbee Avenue is $323,982.
What are some comparable homes to 56 Wetherbee Avenue?
There are currently no comparable homes to 56 Wetherbee Avenue.
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