$317,450
●
Multifamily -
Off Market
71 E Street #2
Lowell, MA 01851
4 Beds
1 Bath,
1
Half Bath
1,946 Ft²
$337,507
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Rare 4-bedroom townhouse! This triplex is tucked away in an
Upper Highlands neighborhood. This is a very large unit with 4
levels of living space. The living room offers hardwood flooring
and is the full width of the unit. The kitchen offers beautiful
granite counter tops hardwood flooring, a very long breakfast nook,
with a separate dining area. The 2nd floor master bedroom stretches
the width of the unit. There's a 3 bedroom in the 4th floor level
with double skylights and a 4th bedroom in the bottom level with
full windows. There is no condo fee, no association and no
management company. The 3 units split the homeowners insurance.
Check with your lender on financing.
Unit Size
1,946 Ft²
Days on Market
-
Land Size
-
Price per sqft
$172
Property Type
Multifamily
Property Taxes
$160
HOA Dues
-
Year Built
-
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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 #72948874)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by LAER Realty Partners | $334,900 | |
| Listed by LAER Realty Partners | |||
| | |||
|
Rare 4-bedroom townhouse! This triplex is tucked away in an Upper Highlands neighborhood. This is a very large unit with 4 levels of living space. The living room offers hardwood flooring and is the full width of the unit. The kitchen offers beautiful granite counter tops hardwood flooring, a very long breakfast nook, with a separate dining area. The 2nd floor master bedroom stretches the width of the unit. There's a 3 bedroom in the 4th floor level with double skylights and a 4th bedroom in the bottom level with full windows. There is no condo fee, no association and no management company. The 3 units split the homeowners insurance. Check with your lender on financing.
| |||
| Jul 11, 2011 | Sold | ||
| Sold | |||
| Jan 19, 2011 | Listed by Rental Housing Service | $79,900 | |
| Listed by Rental Housing Service | |||
| | |||
|
SPACIOUS TOWNHOUSE STYLE CONDO IN HIGHLANDS . 3 BEDROOMS ,PLENTY OF PARKING. ASSOCIATION NOT SOLVENT, PLEASE READ DISCLOSURES AND FIRM REMARKS. ALL OFFERS MUST HAVE PRE-APPROVAL WITH PROSPECT MORTGAGE READ FIRM REMARKS
| |||
| Sep 23, 2005 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Parking Details
Has Open Parking
Parking Features: Off Street, Common, Paved
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Walk-up Attic
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Tile, Carpet, Laminate, Hardwood
Laundry Features: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 7
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1946
Year Built Source: Public Records
Year Built: 1986
Building Area Total: 1946
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $142,600
Tax Annual Amount: $1,920
Utilities Details
Cooling Type: None
Heating Type: Central, Baseboard, Natural Gas
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2022
|
Loft
|
2 Bath
|
1946 ft²
|
$334,900
Loft
2 Bath
1946 ft²
|
$317,450
-5.21%
05/03/2022
|
Bridget DiEoreo
LAER Realty Partners
| |
|
01/19/2011
|
3 Bed
|
1 Bath
|
1932 ft²
|
$79,900
3 Bed
1 Bath
1932 ft²
|
$75,000
-6.13%
07/11/2011
|
Stephen Sheldon
Rental Housing Service
| |
|
06/08/2005
|
2 Bed
|
1 Bath
|
1150 ft²
|
$182,000
2 Bed
1 Bath
1150 ft²
|
$185,000
+1.65%
09/23/2005
|
Sal Lupo
Century 21 Minuteman Realty
| |
|
06/19/2004
|
3 Bed
|
2 Bath
|
1932 ft²
|
$199,900
3 Bed
2 Bath
1932 ft²
|
$190,000
-4.95%
11/08/2004
|
Bernard Bergeron
ERA Key Realty Services
| |
|
01/03/2002
|
2 Bed
|
2 Bath
|
-
|
$149,900
2 Bed
2 Bath
|
$147,500
-1.60%
02/28/2002
|
Paul Carney
Coldwell Banker Residential Brokerage - Lexington - 76 Bedford St.
|
Building Info
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