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Lowell 01852 Belvidere
575 Andover St.
$540,000
● House - Off Market

575 Andover St.

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,693 Ft²
$702,513
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Exquisite colonial located in coveted Belvidere Historical neighborhood.  Charming old details with modern updates.  Gorgeous newer kitchen with all the amenities for family dinners or entertaining.   Gleaming hardwood floors throughout, bright and sunny mudroom, music room, home office.  Four large bedrooms finished lower level with family room walkout to backyard.   Third floor with 2 rooms, full bath perfect for teenager or au pair.  Newer vinyl windows, newer furnace, and A/C. So many features to mention.  Please view the attached video.    NOTE:  Please see attached ANR plan that shows the lot lines for this home.  There is a lot subdivided from this parcel.  This lot is now 10,000 sq ft.   Subject to a license to sell in Probate court. Please allow at least 48 hours for all offers.
Unit Size
3,693 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$144
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1922

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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: 5 months ago (MLSPIN #72683162)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Jun 30, 2020 Listed by Christine E. Natale, Broker $530,000
Listed by Christine E. Natale, Broker
Nov 30, 1999 Sold
Premium
Sold
Sep 1, 1999 Listed by Christine E. Natale, Broker $389,000
Listed by Christine E. Natale, Broker

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,161
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 3,693
  • Gross Building Area: 5,079
  • Building Area: 3,693
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 3,693
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: K04675
  • Parcel: LOWE M:232 B:160 L:575
  • Block: 160
  • Lot: 575
  • Municipality: LOWELL
  • Latitude: 42.6439
  • Longitude: -71.2839

    Address

  • Full Address: 575 Andover St
  • Address - House Number: 575
  • Address - Street Name: Andover
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C088
  • 4-Digit Zip Code: 1410
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $747,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 747,141
  • High Value: 878,568
  • Low Value: 615,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $602,000
  • Assessed Land Value: $196,200
  • Assessed Improvements Value: $405,800

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 60480
  • Previous Sale Recording Date: Nov 30, 1999
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 27
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

2452 ft²

Average Home Age

95.1 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 72683162

Frequently Asked Questions

When was property at 575 Andover Street built and last sold?
The property at 575 Andover Street was built in 1922 and last sold on Nov 19, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 575 Andover Street is $555,423.
What are some comparable homes to 575 Andover Street?
There are currently no comparable homes to 575 Andover Street.
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