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Lowell 01852 Belvidere
81 Surrey Ln
$480,000
● House - Off Market

81 Surrey Ln

Lowell, MA 01852
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,232 Ft²
$526,778
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Don't miss the opportunity to own in a coveted location in Belvidere.  This picture-perfect Cape has a spacious first flooring layout.  Large living room with plenty of windows, formal dining room with large picture window and eat-in kitchen with plenty of cabinet space.  The primary bedroom has double closet space. The second room is a cozy den could be used as a bedroom with sliders leading to the private picturesque rear yard.  Additional direct access to the attached garage from the den.  The upper level is waiting to be finished with plumbing and heating available on this level. The yard is nicely landscaped with underground sprinklers and established landscaping.  This lovely home is located at the end of a cul de sac.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$414
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1978

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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 #73000676)

Price History

Date / Event Date Event Price
Aug 22, 2022 Sold
Premium
Sold
Jun 20, 2022 Listed by Coldwell Banker Realty - Chelmsford $509,500
Listed by Coldwell Banker Realty - Chelmsford

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7
  • Basement Area: 1,232
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,766
  • Total Building Area: 1,232
  • Gross Building Area: 4,267
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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: F07155
  • Parcel: LOWE M:247 B:5595 L:81
  • Block: 5595
  • Lot: 81
  • Municipality: LOWELL
  • Latitude: 42.647
  • Longitude: -71.2815

    Address

  • Full Address: 81 Surrey Ln
  • Address - House Number: 81
  • Address - Street Name: Surrey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lowell
  • Carrier Code: C088
  • 4-Digit Zip Code: 1514
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $597,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 537,895
  • High Value: 638,067
  • Low Value: 437,723

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,000
  • Assessed Land Value: $194,600
  • Assessed Improvements Value: $286,400

    Sales

  • Current Sale Contract Date: Aug 22, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35565
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:

$599,000

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2410 ft²

Average Home Age

93.3 years

Currently For Sale

25 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73000676

Frequently Asked Questions

When was property at 81 Surrey Lane built and last sold?
The property at 81 Surrey Lane was built in 1978 and last sold on Aug 22, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 81 Surrey Lane is $512,308.
What are some comparable homes to 81 Surrey Lane?
There are currently no comparable homes to 81 Surrey Lane.
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