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Lowell 01852 Back Central
58 Highland St
$325,000
● House - Off Market

58 Highland St

Lowell, MA 01852
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,300 Ft²
$490,903
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Great opportunity! Builders and Antique Home enthusiasts take note!  One of the city's grand old homes is on the market. This property was originally owned by Adam Dows, who was a patent medicine entrepreneur and apothecary in the mid-19th century.  It is a stately, ornate, residence overlooking South Common. With 3,300 sq ft of living space on a 16,300 sq ft lot, there is a potential for multi-unit development. There is a one car garage, and additional off street parking behind the house.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$97
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1858

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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: 6 months ago (MLSPIN #72279807)

Price History

Date / Event Date Event Price
Apr 27, 2018 Sold
Premium
Sold
Feb 9, 2018 Listed by Coldwell Banker Residential Brokerage - Tewksbury $319,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1858
  • Effective Year Built: 1858
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 1,600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,300
  • Total Building Area: 3,299
  • Gross Building Area: 6,853
  • Building Area: 3,299
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,299
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000374
  • 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: 311900

Zoning

  • Zoning: TMF

Geography

  • Account Number: O00640
  • Parcel: LOWE M:162 B:3000 L:58
  • Block: 3000
  • Lot: 58
  • Municipality: LOWELL
  • Latitude: 42.636
  • Longitude: -71.3118

    Address

  • Full Address: 58 Highland St
  • Address - House Number: 58
  • Address - Street Name: Highland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C066
  • 4-Digit Zip Code: 3359
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $622,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 502,106
  • High Value: 633,938
  • Low Value: 370,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,100
  • Assessed Land Value: $127,100
  • Assessed Improvements Value: $374,000

    Sales

  • Current Sale Contract Date: Apr 25, 2018
  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 296037
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 Back Central

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$294

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2997 ft²

Average Home Age

66.3 years

Currently For Sale

6 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: 6 months ago
Data Source: MLS PIN, MLS# 72279807

Frequently Asked Questions

When was property at 58 Highland Street built and last sold?
The property at 58 Highland Street was built in 1858 and last sold on Apr 25, 2018 for $325,000.
How much is this home worth?
The estimated value of the home located at 58 Highland Street is $323,907.
What are some comparable homes to 58 Highland Street?
There are currently no comparable homes to 58 Highland Street.
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