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Lowell 01850 Centralville
9 May St
$258,000
● House - Off Market

9 May St

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,723 Ft²
$439,658
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

A beautiful Victorian boasting a large spacious layout for an amazing price.  This 3 bedroom 2 bathroom Victorian home offers a classic style layout with modern updates.  Come explore the expansive kitchen, a beautiful luxury dining room, gorgeous living room are and nice sized bedrooms.  The bathrooms are updated bathrooms and the full bath has a jetted tub.  Gleaming hardwood floors are throughout the house and a beautiful blend of character and colors fill this home.  This great home can be yours if you act quickly.
Unit Size
1,723 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$151
Property Type
House
Property Taxes
$248
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: 4 months ago (MLSPIN #71954433)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Jan 5, 2021 Listed by Doherty Properties $339,000
Listed by Doherty Properties
Jul 1, 2016 Sold
Premium
Sold
Feb 1, 2016 Listed by Doherty Properties $259,900
Listed by Doherty Properties
May 1, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 8
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 844
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,750
  • Total Building Area: 1,723
  • Gross Building Area: 2,667
  • Building Area: 1,723
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,723
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000063
  • 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: J01585
  • Parcel: LOWE M:195 B:3975 L:9
  • Block: 3975
  • Lot: 9
  • Municipality: LOWELL
  • Latitude: 42.6566
  • Longitude: -71.301

    Address

  • Full Address: 9 May St
  • Address - House Number: 9
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C017
  • 4-Digit Zip Code: 1616
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $462,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 473,216
  • High Value: 561,149
  • Low Value: 385,284

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,200
  • Assessed Land Value: $94,100
  • Assessed Improvements Value: $278,100

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11985
  • Previous Sale Recording Date: Jul 01, 2016
  • Previous Sale Amount: $253,800
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2121 ft²

Average Home Age

97.3 years

Currently For Sale

24 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# 71954433

Frequently Asked Questions

When was property at 9 May Street built and last sold?
The property at 9 May Street was built in 1935 and last sold on Feb 12, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 9 May Street is $350,845.
What are some comparable homes to 9 May Street?
There are currently no comparable homes to 9 May Street.
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