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Lowell 01850 Centralville
74 Ludlam Street
$335,000
● House - Off Market

74 Ludlam Street

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,541 Ft²
$437,281
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Charming, well maintained  colonial in Centralville neighborhood. This house features maintenance free vinyl siding, off street parking for 1 car and private fenced in yard and 2 decks for out door entertainment. French doors into the eat in kitchen, cozy living room and bonus room/ office which also has a slider to deck. Modern bath features jacuzzi tub with walk in shower and handrails for added safety. The upstairs has 3 good sized bedrooms with wall to wall carpet. From the hall you have access to a partially finished room in the attic which after a slight climb is a hidden gem for extra living area or ample storage. Basement storage also available.
Unit Size
1,541 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$214
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #72737202)

Price History

Date / Event Date Event Price
Nov 25, 2020 Sold
Premium
Sold
Oct 4, 2020 Listed by Cameron Real Estate Group $329,900
Listed by Cameron Real Estate Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 825
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,720
  • Total Building Area: 1,541
  • Gross Building Area: 3,126
  • Building Area: 1,541
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,541
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000062
  • 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: 310300

Zoning

  • Zoning: USF

Geography

  • Account Number: A01425
  • Parcel: LOWE M:172 B:3735 L:74
  • Block: 3735
  • Lot: 74
  • Municipality: LOWELL
  • Latitude: 42.6604
  • Longitude: -71.3061

    Address

  • Full Address: 74 Ludlam St
  • Address - House Number: 74
  • Address - Street Name: Ludlam
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C019
  • 4-Digit Zip Code: 1227
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 421,783
  • High Value: 502,661
  • Low Value: 340,904

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,500
  • Assessed Land Value: $99,700
  • Assessed Improvements Value: $237,800

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61244
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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2052 ft²

Average Home Age

95 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72737202

Frequently Asked Questions

When was property at 74 Ludlam Street built and last sold?
The property at 74 Ludlam Street was built in 1920 and last sold on Nov 18, 2020 for $335,000.
How much is this home worth?
The estimated value of the home located at 74 Ludlam Street is $0.
What are some comparable homes to 74 Ludlam Street?
There are currently no comparable homes to 74 Ludlam Street.
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