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Lowell 01851 Highlands
79 Florence
$295,000
● House - Off Market

79 Florence

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,840 Ft²
$760,239
RealtyHop Estimate
145.32%
Since Nov 1, 2002
National-US
Primary Model

About This Property

A GRACEFUL COMBINATION OF CLASSIC FORMALITY AND UPDATED LIVING AS YOU ENTER INTO THE LARGE FOYER YOU ARE GREETED BY BEAUTIFUL WOODWORK THIS HOME BOASTS HDWD FLRS GOOD SIZED RMS WALK UP TO AN ATTIC, LEVEL YARD, SCREENED DECK PLUS MORE!
Unit Size
2,840 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$109
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1915

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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 #30628748)

Price History

Date / Event Date Event Price
Oct 28, 2002 Sold
Premium
Sold
Jul 23, 2002 Listed by ERA Morrison Real Estate $309,900
Listed by ERA Morrison Real Estate
Sep 18, 1998 Sold
Premium
Sold
May 7, 1998 Listed by ERA Morrison Real Estate $179,900
Listed by ERA Morrison Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,044
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,047
  • Total Building Area: 2,297
  • Gross Building Area: 4,389
  • Building Area: 2,297
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,297
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 311400

Zoning

  • Zoning: TSF

Geography

  • Account Number: S21190
  • Parcel: LOWE M:89 B:2345 L:79
  • Block: 2345
  • Lot: 79
  • Municipality: LOWELL
  • Latitude: 42.6311
  • Longitude: -71.3396

    Address

  • Full Address: 79 Florence Ave
  • Address - House Number: 79
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C037
  • 4-Digit Zip Code: 3032
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $559,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 668,219
  • High Value: 835,169
  • Low Value: 501,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,300
  • Assessed Land Value: $161,300
  • Assessed Improvements Value: $289,000

    Sales

  • Current Sale Recording Date: Oct 28, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 18, 1998
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: 27
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:

$539,450

Sale Price/ft²

$317

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2569 ft²

Average Home Age

87.9 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

Unit for rent at 21 Barbara, Lowell, 01854

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,330 ft²
21 Barbara, Lowell, 01854

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30628748

Frequently Asked Questions

When was property at 79 Florence Avenue built and last sold?
The property at 79 Florence Avenue was built in 1915 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 79 Florence Avenue is $331,000.
What are some comparable homes to 79 Florence Avenue?
There are currently no comparable homes to 79 Florence Avenue.
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