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Lowell 01854 Pawtucketville
6 Arthur Ave
$250,000
● House - Off Market

6 Arthur Ave

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,096 Ft²
$366,729
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Fantastic opportunity to own this cozy and clean 3 bedroom Colonial on a dead end street in the desirable Pawtucketville area.  This home features 3 bedrooms on the second floor with an office/sitting area outside the bedrooms.  1st floor has an eat in kitchen and a larger living room that leads to an enclosed porch.  This property also has a partially finished basement for someone who is looking to have a work bench or getaway space.  The exterior features care free vinyl siding and a paved driveway for up to four vehicles with a carport.  Furnace, roof and mass saves blown in insulation have been completed in the last few years.  This is the best opportunity on the market to stop paying rent and own a home of your own.
Unit Size
1,096 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$228
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #72506040)

Price History

Date / Event Date Event Price
Jul 29, 2019 Sold
Premium
Sold
May 24, 2019 Listed by RE/MAX Partners $249,900
Listed by RE/MAX Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 609
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 1,096
  • Gross Building Area: 2,251
  • Building Area: 1,096
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,096
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000057
  • 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: 310602

Zoning

  • Zoning: TTF

Geography

  • Account Number: N02200
  • Parcel: LOWE M:97 B:250 L:6
  • Block: 250
  • Lot: 6
  • Municipality: LOWELL
  • Latitude: 42.6544
  • Longitude: -71.3332

    Address

  • Full Address: 6 Arthur Ave
  • Address - House Number: 6
  • Address - Street Name: Arthur
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C027
  • 4-Digit Zip Code: 2352
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 386,355
  • High Value: 454,178
  • Low Value: 318,533

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,200
  • Assessed Land Value: $74,000
  • Assessed Improvements Value: $217,200

    Sales

  • Current Sale Contract Date: Jul 24, 2019
  • Current Sale Recording Date: Jul 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30946
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 Pawtucketville

Stats & Trends

Median Asking:

$519,999

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1677 ft²

Average Home Age

72 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 72506040

Frequently Asked Questions

When was property at 6 Arthur Avenue built and last sold?
The property at 6 Arthur Avenue was built in 1930 and last sold on Jul 24, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 6 Arthur Avenue is $258,563.
What are some comparable homes to 6 Arthur Avenue?
There are currently no comparable homes to 6 Arthur Avenue.
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