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Lowell 01852 South Lowell
8 Eddy Street
$359,900
● House - Off Market

8 Eddy Street

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,851 Ft²
$528,154
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Back on the market due to buyers' financing. Like new, this recently renovated, spacious Colonial offers plenty of rooms for extended family. Features stonework, hardwood floors, granite counter, stainless steel appliances, washer/dryer, which will stay along with a brand new Goodman gas forced hot air heating system. This home offers 4 bedrooms, 2 full baths and a finished attic for additional living space with enclosed porch, laundry room, off street parking and fenced yard for children to play or go across the street to a brand new public playground and park. Very close to schools, shopping with easy access to highway.
Unit Size
1,851 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$194
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72472824)

Price History

Date / Event Date Event Price
Jul 15, 2019 Sold
Premium
Sold
Mar 28, 2019 Listed by Global Realty Network, Inc. $359,900
Listed by Global Realty Network, Inc.
Apr 22, 2014 Sold
Premium
Sold
Oct 10, 2013 Listed by Global Realty Network, Inc. $249,000
Listed by Global Realty Network, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • 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: 770
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,050
  • Total Building Area: 1,851
  • Gross Building Area: 3,003
  • Building Area: 1,851
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,851
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000093
  • 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: 312100

Zoning

  • Zoning: TTF

Geography

  • Account Number: L16460
  • Parcel: LOWE M:205 B:2015 L:8
  • Block: 2015
  • Lot: 8
  • Municipality: LOWELL
  • Latitude: 42.6288
  • Longitude: -71.2994

    Address

  • Full Address: 8 Eddy St
  • Address - House Number: 8
  • Address - Street Name: Eddy
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C073
  • 4-Digit Zip Code: 4738
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 495,549
  • High Value: 587,835
  • Low Value: 403,263

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,200
  • Assessed Land Value: $90,200
  • Assessed Improvements Value: $262,000

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28150
  • Previous Sale Recording Date: Apr 22, 2014
  • Previous Sale Amount: $225,000
  • 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 South Lowell

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2236 ft²

Average Home Age

73.4 years

Currently For Sale

19 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: 4 months ago
Data Source: MLS PIN, MLS# 72472824

Frequently Asked Questions

When was property at 8 Eddy Street built and last sold?
The property at 8 Eddy Street was built in 1900 and last sold on Jul 12, 2019 for $359,900.
How much is this home worth?
The estimated value of the home located at 8 Eddy Street is $367,363.
What are some comparable homes to 8 Eddy Street?
There are currently no comparable homes to 8 Eddy Street.
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