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Lowell 01851 Highlands
9 Nelson St
$368,900
● House - Off Market

9 Nelson St

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,031 Ft²
$527,531
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Excellent opportunity to own an over sized ranch on large level lot located on dead end street! Endless possibilities with this square footage! Currently being used as a 3 bedroom with front living-room with a second living-room with fireplace ( could be converted to 4th bedroom ) and a large 18x18 cathedral ceiling family-room. Large kitchen/dining area and a screen porch and 2 car garage ! Lower level is partially finished with plenty of additional storage space. Property has a new FHA heating system and central Air conditioning. City water/sewer and natural gas. A little TLC can make this property an excellent investment into home ownership.
Unit Size
2,031 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$182
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72578071)

Price History

Date / Event Date Event Price
Mar 30, 2020 Sold
Premium
Sold
Dec 19, 2019 No longer available -
No longer available
Oct 10, 2019 Listed by RE/MAX Insight $368,900
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 11
  • 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: 9
  • Basement Area: 1,251
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,400
  • Total Building Area: 2,031
  • Gross Building Area: 3,688
  • Building Area: 2,031
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,031
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • 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: 311400

Zoning

  • Zoning: TSF

Geography

  • Account Number: D11860
  • Parcel: LOWE M:34 B:4275 L:9
  • Block: 4275
  • Lot: 9
  • Municipality: LOWELL
  • Latitude: 42.635
  • Longitude: -71.3611

    Address

  • Full Address: 9 Nelson St
  • Address - House Number: 9
  • Address - Street Name: Nelson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C033
  • 4-Digit Zip Code: 1512
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $616,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 592,831
  • High Value: 703,388
  • Low Value: 482,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $496,600
  • Assessed Land Value: $172,100
  • Assessed Improvements Value: $324,500

    Sales

  • Current Sale Contract Date: Mar 26, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 13390
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 Highlands

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2547 ft²

Average Home Age

88.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72578071

Frequently Asked Questions

When was property at 9 Nelson Street built and last sold?
The property at 9 Nelson Street was built in 1959 and last sold on Mar 26, 2020 for $368,900.
How much is this home worth?
The estimated value of the home located at 9 Nelson Street is $387,936.
What are some comparable homes to 9 Nelson Street?
There are currently no comparable homes to 9 Nelson Street.
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