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Lowell 01852 South Lowell
62 Seneca Street
$243,000
● House - Off Market

62 Seneca Street

Lowell, MA 01852
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,792 Ft²
$228,659
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

ATTENTION CONTRACTORS/DEVELOPERS.  Tear down or total gut rehab house being sold together with   adjacent lot.  Zoned TTF . Buyers/buyers agent to do own due diligence on what can be built here.  House sits on a corner lot in a neighborhood of newer homes.  Lot size and assessment include both lots. Offers reviewed as they come in.  Allow 24 hours for review.  This is an estate sale and subject to license to sell.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$89
Property Type
House
Property Taxes
$352
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 #72606817)

Price History

Date / Event Date Event Price
Mar 6, 2020 Sold
Premium
Sold
Jan 9, 2020 Listed by Barrett Sotheby's International Realty $159,900
Listed by Barrett Sotheby's International Realty
Jun 1, 2018 Sold
Premium
Sold
Aug 25, 1982 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 9
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 6
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,022
  • Total Building Area: 5,265
  • Gross Building Area: 8,305
  • Building Area: 5,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 5,265
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1112
  • County Land Use Code: 111

Neighborhood

  • School District Name: Lowell School District
  • School Tax School District: LOWELL SD
  • Census Tract: 312200

Zoning

  • Zoning: TTF

Geography

  • Account Number: M04580
  • Parcel: LOWE M:209 B:5210 L:62
  • Block: 5210
  • Lot: 62
  • Municipality: LOWELL
  • Latitude: 42.6188
  • Longitude: -71.3022

    Address

  • Full Address: 62 Saratoga St
  • Address - House Number: 62
  • Address - Street Name: Saratoga
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C072
  • 4-Digit Zip Code: 5618
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $870,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 49
  • Final Value: 874,276
  • High Value: 1,094,727
  • Low Value: 653,824

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $700,800
  • Assessed Land Value: $110,700
  • Assessed Improvements Value: $590,100

    Sales

  • Current Sale Recording Date: Jun 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22335
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 South Lowell

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2236 ft²

Average Home Age

73.4 years

Currently For Sale

19 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72606817

Frequently Asked Questions

When was property at 62 Seneca Street built and last sold?
The property at 62 Seneca Street was built in 1920 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 62 Seneca Street is $189,439.
What are some comparable homes to 62 Seneca Street?
There are currently no comparable homes to 62 Seneca Street.
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