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Lowell 01851 Highlands
8 Fairfield St
$445,000
● House - Off Market

8 Fairfield St

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,719 Ft²
$584,227
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

UPPER Highlands in quiet area . Beautifully done-over from the studs with sheet-rock and insulated walls :All gleaming oak hardwood flooring throughout the house. . New insulated vinyl double hung windows and insulated steel doors. New kitchen with granite counter-top and stainless steel appliances and beautifully tiled bathrooms with tub and shower . Updated vinyl siding and durability architectural asphalt roof. Large living and dining room with recessed light. Updated McLein heating and all plumbing; All new electrical wires with 200 amp panel service and all wired fire alarms meeting code standard. Fresh paved driveway with a garage; Plenty of parking with yards. Easy access to highways. READY to move in...
Unit Size
1,719 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$262
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1925

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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 #72753596)

Price History

Date / Event Date Event Price
Jan 19, 2021 Sold
Premium
Sold
Nov 5, 2020 Listed by Pristine Estates, LLC $449,900
Listed by Pristine Estates, LLC
Apr 2, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 852
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,883
  • Total Building Area: 1,719
  • Gross Building Area: 3,663
  • Building Area: 1,719
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,719
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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: 311600

Zoning

  • Zoning: SSF

Geography

  • Account Number: K04260
  • Parcel: LOWE M:107 B:2210 L:8
  • Block: 2210
  • Lot: 8
  • Municipality: LOWELL
  • Latitude: 42.6267
  • Longitude: -71.3342

    Address

  • Full Address: 8 Fairfield St
  • Address - House Number: 8
  • Address - Street Name: Fairfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C054
  • 4-Digit Zip Code: 3909
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $548,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 546,147
  • High Value: 638,186
  • Low Value: 454,108

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,800
  • Assessed Land Value: $156,500
  • Assessed Improvements Value: $285,300

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3382
  • Previous Sale Recording Date: Apr 02, 2020
  • Previous Sale Contract Date: Mar 25, 2020
  • Previous Sale Amount: $200,000
  • 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 Highlands

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2363 ft²

Average Home Age

88.1 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72753596

Frequently Asked Questions

When was property at 8 Fairfield Street built and last sold?
The property at 8 Fairfield Street was built in 1925 and last sold on Jan 15, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 8 Fairfield Street is $0.
What are some comparable homes to 8 Fairfield Street?
There are currently no comparable homes to 8 Fairfield Street.
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