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Lowell 01851 Highlands
737 School St
$359,900
● House - Off Market

737 School St

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,817 Ft²
$381,813
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Well Maintained 3 bed 1 bath Colonial style home is ready to make it your own! Wonderful location that is close to highways, downtown, T-station, shopping, and everything else Lowell has to offer! The first floor features a spacious living room and a good sized eat-in kitchen with a full bathroom and laundry room. The second floor offers three bright and spacious bedrooms. Recent upgrades include new roof, new heating system (converted from oil to gas (2019) and the basement has ample space for storage needs. This charming home has plenty of potentials and awaits its next owner to bring new ideas. **SHOWINGS START at OH on Sat., 10/29 10:30AM-12pm & Sun., 10/30 at 12pm to 1:30pm** Offers due Monday, 10/31 at 5PM.
Unit Size
1,817 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$198
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1910

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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: 5 months ago (MLSPIN #73052672)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Nov 1, 2022 In contract -
In contract
Oct 27, 2022 Listed by Pristine Estates, LLC $359,900
Listed by Pristine Estates, LLC
Jun 29, 2018 Sold
Premium
Sold
Apr 25, 2018 Listed by Pristine Estates, LLC $239,900
Listed by Pristine Estates, LLC
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 1,027
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,502
  • Total Building Area: 1,817
  • Gross Building Area: 3,141
  • Building Area: 1,817
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,817
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000034
  • 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: 311700

Zoning

  • Zoning: USF

Geography

  • Account Number: R06830
  • Parcel: LOWE M:123 B:5240 L:737
  • Block: 5240
  • Lot: 737
  • Municipality: LOWELL
  • Latitude: 42.6304
  • Longitude: -71.3254

    Address

  • Full Address: 737 School St
  • Address - House Number: 737
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C042
  • 4-Digit Zip Code: 4349
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 471,371
  • High Value: 548,014
  • Low Value: 394,728

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,200
  • Assessed Land Value: $89,700
  • Assessed Improvements Value: $263,500

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51147
  • Previous Sale Recording Date: Jun 29, 2018
  • Previous Sale Amount: $235,000
  • 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:

$549,900

Sale Price/ft²

$312

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2440 ft²

Average Home Age

84.3 years

Currently For Sale

29 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: 5 months ago
Data Source: MLS PIN, MLS# 73052672

Frequently Asked Questions

When was property at 737 School Street built and last sold?
The property at 737 School Street was built in 1910 and last sold on Dec 16, 2022 for $359,900.
How much is this home worth?
The estimated value of the home located at 737 School Street is $367,846.
What are some comparable homes to 737 School Street?
There are currently no comparable homes to 737 School Street.
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