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Lowell 01854 Pawtucketville
71 Varnum Ave
$485,000
● House - Off Market

71 Varnum Ave

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,584 Ft²
$549,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Magnificently adorned with all the grand features of the era, this lovely Colonial-style home sits directly across the falls at the Merrimack River. Handcrafted built-ins, charming details, and spacious rooms fill this stately residence that is centrally located with direct access to walking trails and a park. Enjoy the unobstructed views from the porch and the second-floor bedroom. Additionally, this unique property boasts three bedrooms, a full bath, all situated on a sprawling half-acre lot. Convenient walk-up attic, and ample storage space, this home is undoubtedly a truly exceptional gem! Additional photos coming soon. First showings will be at the Open House this Sunday 10/1 from 2pm to 4pm.
Unit Size
2,584 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$212
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1922

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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: 5 months ago (MLSPIN #73164258)

Price History

Date / Event Date Event Price
Nov 16, 2023 Sold
Premium
Sold
Oct 10, 2023 In contract -
In contract
Sep 27, 2023 Listed by Giant Realty $549,000
Listed by Giant Realty
Jul 10, 2012 Sold
Premium
Sold
Apr 25, 2012 Listed by Giant Realty $300,000
Listed by Giant Realty
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,448
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,178
  • Total Building Area: 2,584
  • Gross Building Area: 4,647
  • Building Area: 2,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000509
  • 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: 310602

Zoning

  • Zoning: TSF

Geography

  • Account Number: L09120
  • Parcel: LOWE M:98 B:5880 L:71
  • Block: 5880
  • Lot: 71
  • Municipality: LOWELL
  • Latitude: 42.6493
  • Longitude: -71.3339

    Address

  • Full Address: 71 Varnum Ave
  • Address - House Number: 71
  • Address - Street Name: Varnum
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C007
  • 4-Digit Zip Code: 2510
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,000
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 606,950
  • High Value: 724,196
  • Low Value: 489,703

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,500
  • Assessed Land Value: $121,700
  • Assessed Improvements Value: $334,800

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34241
  • Previous Sale Recording Date: Jul 10, 2012
  • Previous Sale Amount: $250,000
  • 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 Pawtucketville

Stats & Trends

Median Asking:

$524,950

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1582 ft²

Average Home Age

68 years

Currently For Sale

24 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: 5 months ago
Data Source: MLS PIN, MLS# 73164258

Frequently Asked Questions

When was property at 71 Varnum Avenue built and last sold?
The property at 71 Varnum Avenue was built in 1922 and last sold on Nov 16, 2023 for $485,000.
How much is this home worth?
The estimated value of the home located at 71 Varnum Avenue is $557,290.
What are some comparable homes to 71 Varnum Avenue?
There are currently no comparable homes to 71 Varnum Avenue.
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