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Lowell 01851 Highlands
68 Temple Street
$265,000
● House - Off Market

68 Temple Street

Lowell, MA 01851
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,703 Ft²
$298,529
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Tenants have been removed and unit is now easy to access.  Great Highlands opportunity for a large family.  Most recent use was as a  six bedroom/two bathroom home, but a buyer could easily reconfigure the space to accommodate their needs.  Large enclosed entry porch leading to 1st floor living room, kitchen and bedroom.  Three bedrooms and one full bath on the second floor.  Basement level currently being used as two bedrooms with one full bath.  One car detached garage.  Patio space to the right of the house.  Roof approximately ten years old.  Great price taking into account the current market.  Will not qualify FHA.
Unit Size
1,703 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$170
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1890

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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 #72890389)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Mar 22, 2022 Sold
Premium
Sold
Sep 6, 2021 Listed by Universal Property Management $289,900
Listed by Universal Property Management
Sep 29, 2011 Sold
Premium
Sold
Jul 26, 2011 Listed by Universal Property Management $83,500
Listed by Universal Property Management
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 9
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,312
  • Total Building Area: 1,703
  • Gross Building Area: 2,616
  • Building Area: 1,703
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,703
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • 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: 311800

Zoning

  • Zoning: TTF

Geography

  • Account Number: C02560
  • Parcel: LOWE M:143 B:5650 L:68
  • Block: 5650
  • Lot: 68
  • Municipality: LOWELL
  • Latitude: 42.6328
  • Longitude: -71.3193

    Address

  • Full Address: 68 Temple St
  • Address - House Number: 68
  • Address - Street Name: Temple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C046
  • 4-Digit Zip Code: 3223
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $355,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 295,912
  • High Value: 318,841
  • Low Value: 272,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,000
  • Assessed Land Value: $92,800
  • Assessed Improvements Value: $193,200

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30385
  • Previous Sale Recording Date: Mar 22, 2022
  • Previous Sale Contract Date: Mar 22, 2022
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: O
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:

$532,500

Sale Price/ft²

$317

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2523 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# 72890389

Frequently Asked Questions

When was property at 68 Temple Street built and last sold?
The property at 68 Temple Street was built in 1890 and last sold on Oct 13, 2023 for $521,000.
How much is this home worth?
The estimated value of the home located at 68 Temple Street is $288,148.
What are some comparable homes to 68 Temple Street?
There are currently no comparable homes to 68 Temple Street.
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