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Lowell 01852 Belvidere
74 Wedgemere Drive
$260,000
● House - Off Market

74 Wedgemere Drive

Lowell, MA 01852
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,218 Ft²
$379,770
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Belvidere ranch. She's small and cute but needs some love. We have hardwood flooring through out the upper level. Kitchen cabinets were installed in the last year. There's a finished basement which has some recent rooms added. That's wood can come down fairly easily. Above ground pool was working but was neglected, built in outside hot tub, was working but shows signs of neglect. You must use your imagine. House is as is and as shown. Will probably not pass FHA financing.
Unit Size
1,218 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$205
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1970

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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: 4 months ago (MLSPIN #72416206)

Price History

Date / Event Date Event Price
Jan 3, 2019 Sold
Premium
Sold
Oct 25, 2018 Listed by AMB Realty Group $249,900
Listed by AMB Realty Group
Dec 29, 2006 Sold
Premium
Sold
Oct 18, 2006 Listed by AMB Realty Group $279,500
Listed by AMB Realty Group
Aug 27, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 9
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 6,605
  • Total Building Area: 1,218
  • Gross Building Area: 2,116
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: W05175
  • Parcel: LOWE M:252 B:6200 L:74
  • Block: 6200
  • Lot: 74
  • Municipality: LOWELL
  • Latitude: 42.6343
  • Longitude: -71.2802

    Address

  • Full Address: 74 Wedgemere Dr
  • Address - House Number: 74
  • Address - Street Name: Wedgemere
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lowell
  • Carrier Code: C097
  • 4-Digit Zip Code: 4321
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 473,348
  • High Value: 550,312
  • Low Value: 396,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,900
  • Assessed Land Value: $162,200
  • Assessed Improvements Value: $230,700

    Sales

  • Current Sale Contract Date: Jan 03, 2019
  • Current Sale Recording Date: Jan 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 528
  • Previous Sale Recording Date: Dec 29, 2006
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Belvidere

Stats & Trends

Median Asking:

$614,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2178 ft²

Average Home Age

97 years

Currently For Sale

31 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72416206

Frequently Asked Questions

When was property at 74 Wedgemere Drive built and last sold?
The property at 74 Wedgemere Drive was built in 1970 and last sold on Jan 3, 2019 for $260,000.
How much is this home worth?
The estimated value of the home located at 74 Wedgemere Drive is $263,552.
What are some comparable homes to 74 Wedgemere Drive?
There are currently no comparable homes to 74 Wedgemere Drive.
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