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Middlesex
65 Lowell Road
$300,000
● House - Off Market

65 Lowell Road

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,472 Ft²
$623,385
RealtyHop Estimate
94.87%
Since Apr 1, 2004
MA-Boston
Primary Model

About This Property

LOVELY 6RM, 3BR CAPE WITH BEAU HW FLRS. NEW HEAT ADDED TO INCLUDE 2ND FLR. DET 28X30 GAR FEAT'G 10 FT DRS, 12 FT CEILI STEEL I BEAM AND STG LOFT. IDEAL FOR TRADES OR HOBBIES. TITLE 5 IN HAND. INCL C21 HOME WARRANTY
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$217
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #30779391)

Price History

Date / Event Date Event Price
Mar 26, 2004 Sold
Premium
Sold
Oct 13, 2003 Listed by Century 21 Spindler & O'Neil Associates $319,900
Listed by Century 21 Spindler & O'Neil Associates
Apr 30, 1993 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,022
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,427
  • Building Area: 1,427
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,427
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330202

Zoning

  • Zoning: RB

Geography

  • District: 213
  • Parcel: NREA M:014.0 B:0000 L:0042.0
  • Lot: 42.0
  • Municipality: NORTH READING
  • Latitude: 42.5847
  • Longitude: -71.1196

    Address

  • Full Address: 65 Lowell Rd
  • Address - House Number: 65
  • Address - Street Name: Lowell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 1635
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $778,900

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 657,309
  • High Value: 765,451
  • Low Value: 549,167

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,600
  • Assessed Land Value: $356,600
  • Assessed Improvements Value: $233,000

    Sales

  • Current Sale Recording Date: Mar 26, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 70692
  • Previous Sale Recording Date: Apr 30, 1993
  • Previous Sale Amount: $125,900
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30779391

Frequently Asked Questions

When was property at 65 Lowell Road built and last sold?
The property at 65 Lowell Road was built in 1950 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 65 Lowell Road is $339,615.
What are some comparable homes to 65 Lowell Road?
There are currently no comparable homes to 65 Lowell Road.
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