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Lowell 01852 South Lowell
9 Commonwealth Avenue
$215,000
● House - Off Market

9 Commonwealth Avenue

Lowell, MA 01852
bedrooms
2 Beds
bathrooms
1 Bath
square feet
848 Ft²
$385,865
RealtyHop Estimate
75.47%
Since Sep 1, 2005
MA-Boston
Primary Model

About This Property

GREAT CONDO ALTERNATIVE.  ACROSS THE STREET FROM PARK, SECONDS TO 495.  LIVING ROOM HAS WINDOW SEATS, A FIREPLACE, AND A BUILT-IN DESK.  GOOD SIZE YARD.  PUT YOUR PERSONAL TOUCH ON THIS COZY RANCH.  PROPERTY BEING SOLD "AS IS".  TITLE 5 INSPECTION ON FILE.
Unit Size
848 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$259
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1955

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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 #70230530)

Price History

Date / Event Date Event Price
Aug 26, 2005 Sold
Premium
Sold
Jul 25, 2005 Listed by Dick Lepine Real Estate, Inc. $219,900
Listed by Dick Lepine Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,530
  • Total Building Area: 848
  • Gross Building Area: 1,592
  • Building Area: 848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 848
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 312300

Zoning

  • Zoning: TSF

Geography

  • Account Number: M01160
  • Parcel: LOWE M:243 B:1435 L:9
  • Block: 1435
  • Lot: 9
  • Municipality: LOWELL
  • Latitude: 42.6146
  • Longitude: -71.2885

    Address

  • Full Address: 9 Commonwealth Ave
  • Address - House Number: 9
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C076
  • 4-Digit Zip Code: 5709
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 401,351
  • High Value: 478,487
  • Low Value: 324,215

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,357
  • Assessed Land Value: $154,657
  • Assessed Improvements Value: $186,700

    Sales

  • Current Sale Recording Date: Aug 26, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00056661
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 South Lowell

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2236 ft²

Average Home Age

73.4 years

Currently For Sale

19 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: 4 months ago
Data Source: MLS PIN, MLS# 70230530

Frequently Asked Questions

When was property at 9 Commonwealth Avenue built and last sold?
The property at 9 Commonwealth Avenue was built in 1955 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 9 Commonwealth Avenue is $224,366.
What are some comparable homes to 9 Commonwealth Avenue?
There are currently no comparable homes to 9 Commonwealth Avenue.
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