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Lowell 01852 Belvidere
8 Russell St
$430,000
● House - Off Market

8 Russell St

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,243 Ft²
$554,481
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Amazing and outstanding renovation throughout this desirable Belvidere home, new roof, spray foam insulation, all new electric, all new plumbing, new bathrooms, new kitchen with stainless steel appliances, granite counter top,  hardwood floors throughout, ceramic tile in bathrooms, electric fire place, high efficiency on demand gas hot water system, new central air heating system and central air conditioner, new windows, laundry on 2nd floor, driveway for 4 cars, new 12x12 deck and sprinkler system to keep your grass green all year round.. Many more updates and details to share. Easy access to routes leading to Boston. Come enjoy your new home! First showing only at OPEN HOUSE Sunday June 28 from 11:00 to 2:00pm
Unit Size
1,243 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$322
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1935

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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: 6 months ago (MLSPIN #72678124)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Jun 22, 2020 Listed by Prime Choice Real Estate $399,900
Listed by Prime Choice Real Estate
Dec 18, 2019 Sold
Premium
Sold
Oct 31, 2019 Listed by Prime Choice Real Estate $218,400
Listed by Prime Choice Real Estate
Aug 23, 2018 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 594
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,250
  • Total Building Area: 1,243
  • Gross Building Area: 2,031
  • Building Area: 1,243
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,243
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • 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: 312501

Zoning

  • Zoning: SSF

Geography

  • Account Number: B02170
  • Parcel: LOWE M:246 B:5130 L:8
  • Block: 5130
  • Lot: 8
  • Municipality: LOWELL
  • Latitude: 42.6512
  • Longitude: -71.2768

    Address

  • Full Address: 8 Russell St
  • Address - House Number: 8
  • Address - Street Name: Russell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C091
  • 4-Digit Zip Code: 1624
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 506,265
  • High Value: 600,547
  • Low Value: 411,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,400
  • Assessed Land Value: $140,800
  • Assessed Improvements Value: $265,600

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34870
  • Previous Sale Recording Date: Dec 18, 2019
  • Previous Sale Contract Date: Dec 04, 2019
  • Previous Sale Amount: $215,000
  • 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 Belvidere

Stats & Trends

Median Asking:

$599,450

Sale Price/ft²

$323

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2447 ft²

Average Home Age

91.8 years

Currently For Sale

27 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: 6 months ago
Data Source: MLS PIN, MLS# 72678124

Frequently Asked Questions

When was property at 8 Russell Street built and last sold?
The property at 8 Russell Street was built in 1935 and last sold on Jul 20, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 8 Russell Street is $399,491.
What are some comparable homes to 8 Russell Street?
There are currently no comparable homes to 8 Russell Street.
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