$281,000
●
Condo -
Off Market
61 Market #2A
Lowell, MA
2 Beds
2 Baths,
1
Half Bath
1,172 Ft²
$506,960
RealtyHop Estimate
69.55%
Since Dec 1, 2006
National-US
Primary Model
About This Property
Luxury living in the middle of historic Lowells downtown arts
district. Rare 2 bedroom 1.5 bath, hardwood floors, granite,
stainless, natural maple cabinets, whirlpool tub, ceramic tile
bath, security/intercom, 30 recessed lights throughout, ceiling
fans, extra large windows sunny side. 10x10 additional storage unit
in basement. Off street city garage parking $48 per month. Close to
dining, theatre, shopping, museums, Tsongas, Lowell Auditorium.
Minutes to Connector, 495, 93, Rt3,commuter rail.
Unit Size
1,172 Ft²
Days on Market
-
Land Size
-
Price per sqft
$255
Property Type
Condo
Property Taxes
$198
HOA Dues
$174
Year Built
-
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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 years ago (MLSPIN #70417666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2006 | Sold | ||
| Sold | |||
| Jul 5, 2006 | Listed by Morello Real Estate Group, LLC | $299,000 | |
| Listed by Morello Real Estate Group, LLC | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 10
Length: 13
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood
Area: 130
Level: First
Features: Flooring - Hardwood
Width: 10
Length: 17
Area: 170
Width: 7
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood
Length: 12
Level: First
Area: 84
Features: Flooring - Stone/Ceramic Tile, Hot Tub / Spa, Countertops - Stone/Granite/Solid
Level: First
Length: 17
Level: First
Area: 204
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood
Width: 12
Features: Flooring - Hardwood
Level: First
Length: 17
Width: 10
Area: 170
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Sauna/Steam/Hot Tub
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile
Laundry Features: Washer Hookup
Rooms: 5
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Common, Off Street, Rented
Garage Spaces: 1
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Builder
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: Birke Building Condominium
Structure Type: Garden, Loft
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: DMU
Parcel Number: 3187178
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $236,500
Tax Annual Amount: $2,381
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Unit Control
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash
HOA/Condo/Coop Amenities: Elevator(s)
HOA Fee: $174
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility
Complex is Completed
Management: Professional - Off Site, Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017