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Lowell 01851 Highlands
7 Leverett Street
$270,000
● House - Off Market

7 Leverett Street

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,259 Ft²
$376,541
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Wow...come and take a look at this affordable home in move in condition! This home is located in a very convenient area, close to highways, the commuter rail, shopping and more. First floor boasts one bedroom, laundry room, kitchen, living room and a full bath. First floor also has all brand new laminate flooring and a brand new kitchen stove. Second floor has two bedrooms. Full basement for plenty of storage or a work shop. Fenced in back yard. Why rent when you can own. Come view this home today!
Unit Size
1,259 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$218
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1900

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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 #72582645)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
Oct 21, 2019 Listed by Dick Lepine Real Estate,Inc. $274,900
Listed by Dick Lepine Real Estate,Inc.
Nov 10, 2000 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 766
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,728
  • Total Building Area: 1,259
  • Gross Building Area: 2,264
  • Building Area: 1,259
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,259
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000040
  • 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: H06980
  • Parcel: LOWE M:143 B:3575 L:7
  • Block: 3575
  • Lot: 7
  • Municipality: LOWELL
  • Latitude: 42.6312
  • Longitude: -71.3179

    Address

  • Full Address: 7 Leverett St
  • Address - House Number: 7
  • Address - Street Name: Leverett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C046
  • 4-Digit Zip Code: 3315
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 388,252
  • High Value: 451,380
  • Low Value: 325,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,700
  • Assessed Land Value: $74,300
  • Assessed Improvements Value: $227,400

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41372
  • Previous Sale Recording Date: Nov 10, 2000
  • Previous Sale Amount: $114,900
  • 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 Highlands

Stats & Trends

Median Asking:

$539,900

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2542 ft²

Average Home Age

87.3 years

Currently For Sale

28 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# 72582645

Frequently Asked Questions

When was property at 7 Leverett Street built and last sold?
The property at 7 Leverett Street was built in 1900 and last sold on Aug 31, 2020 for $270,000.
How much is this home worth?
The estimated value of the home located at 7 Leverett Street is $284,218.
What are some comparable homes to 7 Leverett Street?
There are currently no comparable homes to 7 Leverett Street.
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