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Lowell 01854 Pawtucketville
61 Chase Ave
$325,000
● House - Off Market

61 Chase Ave

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,604 Ft²
$526,076
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Young, charming, meticulous three (3) bedroom hip-roof Colonial on a quiet dead-end street in the Pawtucketville neighborhood.  All rooms have been recently updated to include fresh paint, updated Bathrooms and newly installed carpet throughout the upstairs. The large eat in kitchen and spacious living room have nice bamboo flooring and plenty of space for entertaining. The basement currently functions as a home office but could be utilized as a family room, toy room or fourth bedroom.  Enjoy some peace and quite on the deck overlooking your nicely manicured lawn.  The home also features stainless steel appliances, a one car garage under and central air conditioning.  There is nothing to do but move-in and enjoy. This home is in walking distance to the Pawtucketville Elementary and Dr. An Wang Middle Schools.
Unit Size
1,604 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$206
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1994

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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 #72173334)

Price History

Date / Event Date Event Price
Aug 31, 2017 Sold
Premium
Sold
May 31, 2017 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $329,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
May 20, 2008 Sold
Premium
Sold
Oct 24, 2007 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $259,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
Aug 27, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 368
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,604
  • Gross Building Area: 2,912
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: TSF

Geography

  • Account Number: G12675
  • Parcel: LOWE M:66 B:1170 L:61
  • Block: 1170
  • Lot: 61
  • Municipality: LOWELL
  • Latitude: 42.6544
  • Longitude: -71.3418

    Address

  • Full Address: 61 Chase Ave
  • Address - House Number: 61
  • Address - Street Name: Chase
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C031
  • 4-Digit Zip Code: 1405
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 507,582
  • High Value: 602,095
  • Low Value: 413,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,900
  • Assessed Land Value: $97,900
  • Assessed Improvements Value: $279,000

    Sales

  • Current Sale Recording Date: Aug 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38554
  • Previous Sale Recording Date: May 20, 2008
  • Previous Sale Amount: $253,000
  • 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 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72173334

Frequently Asked Questions

When was property at 61 Chase Avenue built and last sold?
The property at 61 Chase Avenue was built in 1994 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 61 Chase Avenue is $340,751.
What are some comparable homes to 61 Chase Avenue?
There are currently no comparable homes to 61 Chase Avenue.
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