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Lowell 01851 Highlands
615 Princeton Blvd
$226,750
● House - Off Market

615 Princeton Blvd

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,251 Ft²
$513,331
RealtyHop Estimate
120.79%
Since Jan 1, 2004
National-US
Primary Model

About This Property

CHARMING AND WELL MAINTAINED COLONIAL IN THE UPPER HIGHLANDS. SPCAIOUS LR, DINING RM/FAMILY RM, EAT-IN KITCHEN W/PANTRY AREA, THREE BRS W/PLENTY OF CLOSET SPACE. REPLACEMENT WINDOWS, WRAP AROUND PORCH. OFF STREET PARKING.
Unit Size
1,251 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$186
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1920

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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 #30751568)

Price History

Date / Event Date Event Price
Mar 17, 2021 Sold
Premium
Sold
Dec 31, 2003 Sold
Premium
Sold
Jul 30, 2003 Listed by Coldwell Banker Residential Brokerage - Tewksbury $232,500
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 751
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,866
  • Total Building Area: 1,470
  • Gross Building Area: 2,262
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000112
  • 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: 311400

Zoning

  • Zoning: TSF

Geography

  • Account Number: H01384
  • Parcel: LOWE M:46 B:4770 L:615
  • Block: 4770
  • Lot: 615
  • Municipality: LOWELL
  • Latitude: 42.6331
  • Longitude: -71.354

    Address

  • Full Address: 615 Princeton Blvd
  • Address - House Number: 615
  • Address - Street Name: Princeton
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C036
  • 4-Digit Zip Code: 2210
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 427,103
  • High Value: 509,307
  • Low Value: 344,899

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,300
  • Assessed Land Value: $133,600
  • Assessed Improvements Value: $201,700

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Mar 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15848
  • Previous Sale Recording Date: Dec 31, 2003
  • Previous Sale Amount: $226,750
  • 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 Highlands

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$312

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2481 ft²

Average Home Age

85.7 years

Currently For Sale

30 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 years ago
Data Source: MLS PIN, MLS# 30751568

Frequently Asked Questions

When was property at 615 Princeton Boulevard built and last sold?
The property at 615 Princeton Boulevard was built in 1920 and last sold on Mar 16, 2021 for $305,000.
How much is this home worth?
The estimated value of the home located at 615 Princeton Boulevard is $0.
What are some comparable homes to 615 Princeton Boulevard?
There are currently no comparable homes to 615 Princeton Boulevard.
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