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Lowell 01850 Centralville
89 Merrill Ave
$189,000
● House - Off Market

89 Merrill Ave

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,599 Ft²
$406,878
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

NOT A SHORTSALE,NOT BANK OWNED, TONS OF CHARACTER IN THIS CHARMING COLONIAL WITH A THREE CAR GARAGE.  HOME FEATURES A NICE FARMER'S PORCH, BEAUTIFULLY REFINSHED HARDWOOD FLOORS THRU-OUT THE LIVING ROOM AND DINNINGROOM WITH BUILT-IN CHINA CABINET. UPDATED HALF BATHROOM ON THE FIRST FLOOR, SECOND FLOOR FEATURES THREE BEDROOMS WITH BRAND NEW WALL TO WALL CARPET. THIS HOME IS READY FOR IMMEDIATE OCUPANCY. WILL NOT LAST!!!
Unit Size
1,599 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$118
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1930

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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 #71440547)

Price History

Date / Event Date Event Price
Aug 1, 2025 Sold
Premium
Sold
Jul 3, 2025 In contract -
In contract
Jun 24, 2025 Price Increased $479,900
↑ $291K (153.9%)
Price Increased
Jun 20, 2025 Relisted $189,000
Relisted
Jun 17, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 15
  • Exterior Walls Type: 18
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,301
  • Total Building Area: 1,599
  • Gross Building Area: 2,761
  • Building Area: 1,599
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,599
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHRISTINA HILL TERRACE
  • Land Acres: 0000000122
  • 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: 310200

Zoning

  • Zoning: TSF

Geography

  • Account Number: F03490
  • Parcel: LOWE M:195 B:4045 L:89
  • Block: 4045
  • Lot: 89
  • Municipality: LOWELL
  • Latitude: 42.6569
  • Longitude: -71.2971

    Address

  • Full Address: 89 Merrill Ave
  • Address - House Number: 89
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C015
  • 4-Digit Zip Code: 1750
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 463,516
  • High Value: 544,648
  • Low Value: 382,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,800
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $248,800

    Sales

  • Current Sale Recording Date: Dec 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Jun 15, 2012
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 34
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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$301

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2053 ft²

Average Home Age

94 years

Currently For Sale

32 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 months ago
Data Source: MLS PIN, MLS# 71440547

Frequently Asked Questions

When was property at 89 Merrill Avenue built and last sold?
The property at 89 Merrill Avenue was built in 1930 and last sold on Jan 1, 1970 for $189,000.
How much is this home worth?
The estimated value of the home located at 89 Merrill Avenue is $463,780.
What are some comparable homes to 89 Merrill Avenue?
There are currently no comparable homes to 89 Merrill Avenue.
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