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Lowell 01854 Pawtucketville
762 Varnum Ave
$279,900
● House - Off Market

762 Varnum Ave

Lowell, MA 01854
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,619 Ft²
$473,491
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Lovely split entry home in "move in" condition. Numerous updates including roof, windows, and  vinyl siding.  Nice fenced yard with inground pool.  Conveniently located to UMass Lowell, medical facilities and the Merrimac River.  Great value in today's market. Subject to short sale approval.
Unit Size
1,619 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$173
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1984

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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 #71987719)

Price History

Date / Event Date Event Price
Jul 29, 2016 Sold
Premium
Sold
Apr 13, 2016 Listed by Your Way Real Estate, LLC $279,900
Listed by Your Way Real Estate, LLC
Lovely split entry home in "move in" condition. Numerous updates including roof, windows, and vinyl siding. Nice fenced yard with inground pool. Conveniently located to UMass Lowell, medical facilities and the Merrimac River. Great value in today's market. Subject to short sale approval.
Feb 22, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 1,141
  • 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: 1,550
  • Gross Building Area: 2,403
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 3

    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: 310601

Zoning

  • Zoning: SSF

Geography

  • Account Number: T08705
  • Parcel: LOWE M:42 B:5880 L:762
  • Block: 5880
  • Lot: 762
  • Municipality: LOWELL
  • Latitude: 42.6457
  • Longitude: -71.358

    Address

  • Full Address: 762 Varnum Ave
  • Address - House Number: 762
  • Address - Street Name: Varnum
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C028
  • 4-Digit Zip Code: 2033
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $565,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 545,791
  • High Value: 651,985
  • Low Value: 439,596

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,600
  • Assessed Land Value: $157,900
  • Assessed Improvements Value: $297,700

    Sales

  • Current Sale Recording Date: Feb 22, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 43
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

$312

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1670 ft²

Average Home Age

68.9 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# 71987719

Frequently Asked Questions

When was property at 762 Varnum Avenue built and last sold?
The property at 762 Varnum Avenue was built in 1984 and last sold on Jan 1, 1970 for $60,000.
How much is this home worth?
The estimated value of the home located at 762 Varnum Avenue is $282,699.
What are some comparable homes to 762 Varnum Avenue?
There are currently no comparable homes to 762 Varnum Avenue.
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