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$149,900
● Multifamily - Off Market

58 Third

Lowell, MA
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,950 Ft²
$317,533
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model

About This Property

Neat and clean two family with offstreet parking, low maintenance vinyl siding,  and newer windows.  Perfect for owner occupant or investor.  2nd Floor has new carpeting and fresh paint.  Both units have laundry hookups.  2nd floor is lead free with the paperwork on file.  Owner will trim tree overhanging rear of home prior to sale.  First floor tenant can stay or unit can be vacant upon sale depending on the wishes of the Buyer.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$77
Property Type
Multifamily
Property Taxes
$202
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #70975308)

Price History

Date / Event Date Event Price
Nov 23, 2009 Sold
Premium
Sold
Sep 15, 2009 Listed by Forsley Real Estate $149,900
Listed by Forsley Real Estate

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Refrigerator), Tank Water Heater
Flooring Type: Carpet
Rooms: 8
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch, Enclosed
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Zoning: ttf
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $207,500
Tax Annual Amount: $2,423
Utilities Details
Heating Type: Unit 1(Steam, Gas), Unit 2(Hot Water Baseboard, Gas)
Location Details
Community Features: Public Transportation, Shopping, Laundromat

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 70975308
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