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Lowell 01854 Pawtucketville
8 Freedom Way
$390,000
● House - Off Market

8 Freedom Way

Lowell, MA 01854
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,738 Ft²
$709,763
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

This Beautiful Pawtucketville home might be just what you are looking for. Full legal in law apartment that is handicap accessible  from both levels. Ramp from garage and chairlift into lower level. 3 bedroom Main level has huge master bedroom with large walk in closet,  full bath Jacuzzi Tub and full shower, washer and dryer. open concept kitchen, DR, LR with sliders to deck, In law has open concept LR, kitchen, Dining, plus a huge bedroom and walk in closet. ramps to Atrium doors to exterior  patio. There is a 2 car garage, a deck, 2 zone heat, 2 zone A/C 2 Fully appliance Kitchens, easy highway access, and priced for quick sale.
Unit Size
2,738 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$146
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
2003

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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 #71874437)

Price History

Date / Event Date Event Price
Aug 28, 2015 Sold
Premium
Sold
Jul 15, 2015 Listed by LAER Realty Partners $399,900
Listed by LAER Realty Partners
Oct 23, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,482
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,469
  • Total Building Area: 2,001
  • Gross Building Area: 3,616
  • Building Area: 2,001
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,001
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 310602

Zoning

  • Zoning: SSF

Geography

  • Account Number: A05565
  • Parcel: LOWE M:67 B:2457 L:8
  • Block: 2457
  • Lot: 8
  • Municipality: LOWELL
  • Latitude: 42.6498
  • Longitude: -71.3449

    Address

  • Full Address: 8 Freedom Way
  • Address - House Number: 8
  • Address - Street Name: Freedom
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lowell
  • Carrier Code: C007
  • 4-Digit Zip Code: 1488
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $683,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 678,115
  • High Value: 800,679
  • Low Value: 555,552

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550,400
  • Assessed Land Value: $145,900
  • Assessed Improvements Value: $404,500

    Sales

  • Current Sale Recording Date: Aug 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39192
  • Previous Sale Recording Date: Oct 23, 2003
  • Previous Sale Amount: $365,425
  • 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 Pawtucketville

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1666 ft²

Average Home Age

71.8 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71874437

Frequently Asked Questions

When was property at 8 Freedom Way built and last sold?
The property at 8 Freedom Way was built in 2003 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 8 Freedom Way is $424,865.
What are some comparable homes to 8 Freedom Way?
There are currently no comparable homes to 8 Freedom Way.
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