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Lowell 01851 Highlands
62 Florence Ave
$262,500
● House - Off Market

62 Florence Ave

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,162 Ft²
$726,161
RealtyHop Estimate
169.05%
Since Sep 1, 2001
National-US
Primary Model

About This Property

THIS SPECTACULAR VICTORIAN COL HOME LOCATED IN HISTORIC TYLER PARK AREA OF UPPER HIGHLANDS MUST BE SEEN TO BE TRULY APPRECIATED.BEAUTIFUL ENTRY FOYER  OPENS TO FABULOUS F/P LIV RM/FAM RM, FRML DIN W/HRDWDS. ONE YEAR HOME WARRANTY!
Unit Size
3,162 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$85
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1920

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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: 4 years ago (MLSPIN #30482066)

Price History

Date / Event Date Event Price
Aug 9, 2001 Sold
Premium
Sold
Feb 28, 2001 Listed by Carlson GMAC Real Estate $269,900
Listed by Carlson GMAC Real Estate
Aug 26, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,218
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,030
  • Total Building Area: 3,114
  • Gross Building Area: 5,091
  • Building Area: 3,114
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,114
  • Heating Fuel Type: 6

    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: 311500

Zoning

  • Zoning: TSF

Geography

  • Account Number: R02835
  • Parcel: LOWE M:89 B:2345 L:62
  • Block: 2345
  • Lot: 62
  • Municipality: LOWELL
  • Latitude: 42.6317
  • Longitude: -71.3393

    Address

  • Full Address: 62 Florence Ave
  • Address - House Number: 62
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C037
  • 4-Digit Zip Code: 3013
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $653,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 696,059
  • High Value: 813,362
  • Low Value: 578,757

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,200
  • Assessed Land Value: $141,400
  • Assessed Improvements Value: $384,800

    Sales

  • Current Sale Recording Date: Aug 09, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 26, 1994
  • Previous Sale Amount: $136,500
  • 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# 30482066

Frequently Asked Questions

When was property at 62 Florence Avenue built and last sold?
The property at 62 Florence Avenue was built in 1920 and last sold on Jan 1, 1970 for $262,500.
How much is this home worth?
The estimated value of the home located at 62 Florence Avenue is $0.
What are some comparable homes to 62 Florence Avenue?
There are currently no comparable homes to 62 Florence Avenue.
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