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Lowell 01852 South Lowell
7 Bourne St
$200,000
● House - Off Market

7 Bourne St

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,618 Ft²
$459,712
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Great home for first time buyer, large, lovingly cared for Colonial combines tasteful, modern updates with original 1920's craftsmanship to produce a warm and inviting atmosphere. Beautiful hardwood throughout, original built-ins in dining room, ample sized bedrooms. Two bedrooms unheated. Walk up attic, double pane insulated windows through out the home
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$127
Property Type
House
Property Taxes
$192
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 months ago (MLSPIN #71266496)

Price History

Date / Event Date Event Price
Mar 16, 2012 Sold
Premium
Sold
Jul 26, 2011 Listed by ERA Key Realty Services $204,900
Listed by ERA Key Realty Services
Mar 15, 2011 Sold
Premium
Sold
Oct 30, 2010 Listed by ERA Key Realty Services $234,000
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 784
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,574
  • Total Building Area: 1,618
  • Gross Building Area: 3,402
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000082
  • 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: 312100

Zoning

  • Zoning: TTF

Geography

  • Account Number: M09310
  • Parcel: LOWE M:184 B:695 L:7
  • Block: 695
  • Lot: 7
  • Municipality: LOWELL
  • Latitude: 42.6285
  • Longitude: -71.3028

    Address

  • Full Address: 7 Bourne St
  • Address - House Number: 7
  • Address - Street Name: Bourne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C095
  • 4-Digit Zip Code: 4619
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 487,074
  • High Value: 580,685
  • Low Value: 393,463

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,500
  • Assessed Land Value: $87,700
  • Assessed Improvements Value: $265,800

    Sales

  • Current Sale Recording Date: Mar 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Mar 15, 2011
  • Previous Sale Amount: $220,000
  • 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 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# 71266496

Frequently Asked Questions

When was property at 7 Bourne Street built and last sold?
The property at 7 Bourne Street was built in 1920 and last sold on Jan 1, 1970 for $200,000.
How much is this home worth?
The estimated value of the home located at 7 Bourne Street is $221,135.
What are some comparable homes to 7 Bourne Street?
There are currently no comparable homes to 7 Bourne Street.
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