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Lowell 01851 Highlands
62 Monadnock Ave.
$359,900
● House - Off Market

62 Monadnock Ave.

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,101 Ft²
$668,961
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Don't delay in viewing this very well maintained Dutch Colonial  convenient to churches, shopping &  highways.  Beautiful remodeled kitchen with granite counter tops and island with built-in stove plus a dining nook.  Spacious FP  living room with alcove for work station.  Nicely sized dining room and large 11 x 21 sunroom. Large master bedroom with a walk-in closet. 2nd bedroom has walk-in dressing room + 2nd closet..  The third bedroom also has a walk-in closet. 2nd fl.foyer has a window seat with storage plus a walk-in closet. Hardwood floors throughout with the exception of kitchen & baths.Abundance of shelving & storage in bsmt. Circa 1920's charm throughout.  Fenced in landscaped rear yard with stone patio area. New roof in 2012. Most windows new in 2010.
Unit Size
2,101 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$171
Property Type
House
Property Taxes
$330
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 months ago (MLSPIN #71659097)

Price History

Date / Event Date Event Price
Jun 3, 2014 Sold
Premium
Sold
Apr 10, 2014 Listed by Taupier Real Estate, Inc. $359,900
Listed by Taupier Real Estate, Inc.
Nov 22, 2005 Sold
Premium
Sold
Jul 12, 2005 Listed by Taupier Real Estate, Inc. $299,900
Listed by Taupier Real Estate, Inc.
Jun 6, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,015
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 2,101
  • Gross Building Area: 4,361
  • Building Area: 2,101
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,101
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: SSF

Geography

  • Account Number: L07380
  • Parcel: LOWE M:73 B:4125 L:62
  • Block: 4125
  • Lot: 62
  • Municipality: LOWELL
  • Latitude: 42.6331
  • Longitude: -71.3464

    Address

  • Full Address: 62 Monadnock Ave
  • Address - House Number: 62
  • Address - Street Name: Monadnock
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C052
  • 4-Digit Zip Code: 2319
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $591,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 607,717
  • High Value: 706,529
  • Low Value: 508,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,500
  • Assessed Land Value: $133,200
  • Assessed Improvements Value: $343,300

    Sales

  • Current Sale Recording Date: Jun 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20203
  • Previous Sale Recording Date: Nov 22, 2005
  • Previous Sale Amount: $295,000
  • 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 Highlands

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$318

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2543 ft²

Average Home Age

89.3 years

Currently For Sale

32 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# 71659097

Frequently Asked Questions

When was property at 62 Monadnock Avenue built and last sold?
The property at 62 Monadnock Avenue was built in 1920 and last sold on Jan 1, 1970 for $359,900.
How much is this home worth?
The estimated value of the home located at 62 Monadnock Avenue is $374,922.
What are some comparable homes to 62 Monadnock Avenue?
There are currently no comparable homes to 62 Monadnock Avenue.
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