$459,900

3 Beds   2 Baths   1,792 Sq. Ft.   Single-Family
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School St
Lowell, MA 01854

Potential Profit
$4,599

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Status: Inactive
Listing ID: 60033027
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Learn about School St in Lowell, MA

This single-family property is available as a foreclosure at School St. It has 3 bedrooms, 2 bathrooms, and 1,792 square feet of living space. Based on our analysis of the current market conditions in Lowell for School St and comparable listings, the estimated market value is $455,301. The property located at single-family has potential equity of $4,599. If purchased for rental purposes, the monthly rental rate could range between $1,490 and $2,010. For those interested in resale, the estimated profit from selling is $4,599. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at School St are updated daily along with others in Lowell, Massachusetts.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 5% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

Rental Chart
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Property Information

  • Price: $459,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,792
  • Year Built: 1900
  • Property Type: Single Family Dwelling

Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 3
  • Exterior Wall Type: SHINGLE
  • Heating Type: STEAM
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 3,554
  • Year Built: 1900
  • APN: 000119---000000--B012800
  • Property Type: Single Family Residence
  • Township: LOWELL
  • Living Sqft: 1,792
  • Style: CONVENTIONAL

Foreclosure

The property located at School St in Lowell, MA is listed as a Foreclosure

Properties like School St in Lowell, Massachusetts listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Lowell, MA. The longer lenders own properties like this on School St, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for School St located in Lowell, MA is $1,750/month. Comparable homes around School St that are rentals have monthly ranges starting as low as $1,490 per month and as high as $2,010 per month. An owner looking to use this property as an investment could bring a return in the area of $1,490 - $2,010 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Similar Homes Nearby Lowell, MA


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Homes On This Street
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School St
Lowell, MA 01854

3 Beds   2 Baths   1,792 sq. ft.   Single-Family

$459,900

Status: Inactive Listing ID: 60033027

Property Information

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Public Records

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Property Description

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Listing URL

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