6 months on rocket

230 Cumberland Rd, Lowell, MA, 01850

$529,900

Home List Price

$6,293*

Closing Credit

3 Full Baths, 1 Partial
3,890 SqFt
$136/SqFt
Multi

Location

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230 Cumberland Rd, Lowell$529,900

Buyer Closing Credits

$6,293*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Year Built1940
HeatingElectric
WaterfrontBeach, Other
MLS #73233529
Lot Size0.11 Acres
StatusActive
(Extended)

About 230 Cumberland Rd

With its mixed-use design, this property presents an excellent investment opportunity, catering to both residential and commercial tenants. The property features a versatile layout with two residential units along with a commercial space suitable for a range of businesses. Its proximity to the university makes it an attractive option for students and professionals working in the area. Residents will benefit from a diverse array of shops and restaurants nearby and enjoy easy access to the scenic river walk, perfect for leisurely strolls or outdoor activities. With Lowell experiencing ongoing development and revitalization, this property holds potential for future appreciation, making it an attractive long-term investment.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 3,890 SqFt

Listing Office:

  • Office Name: LAER Realty Partners
  • Office Phone: (978) 251-8221
  • Listing Agent: Paul Brouillette

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Waterfront: Beach, Other

Parking Information:

  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: Lakeview Ave to Aiken Ave to Cumberland Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $529,900
  • Price Per SqFt: $136/SqFt

Tax Information:

  • Annual Amount: $6,789
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lowell, MA.

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Lowell, MA

City

Med. Sold Price

$468.9K

Med. Price/SqFt

$300

Avg. Days On Market

24

# of Sold Homes

64

230 Cumberland Rd vs Lowell

195 DAYS ON ROCKET

+171 Days

$529,900

+$60.9K More

$136/SqFt

-$164 Less

KEY TAKEAWAY

This property is $60.9K more than the Median Sold Price and $164/SqFt less than other homes in Lowell, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73233529

Listing Office:

  • Office Name: LAER Realty Partners
  • Office Phone: (978) 251-8221
  • Listing Agent: Paul Brouillette

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2020Home Sold
$285,000
Mar 28, 2017Home Sold
$226,500
Jul 03, 2007Home Sold
$17,000
Jun 01, 2007Home Sold
$183,000
Jan 31, 2005Home Sold
$200,000
Apr 19, 1989Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,789$253,600
2020$6,789$253,600
2019 - $247,300
2018 - $236,600
2017 - $216,700

History based on county public records data.

Payment Calculator

$2,712

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-206917
3
/10

  • Greenhalge

  • 149 Ennell St

  • 0.23 miles

  • Public District Grades PK-4

school-card-donut-206918
4
/10

  • S Christa Mcauliffe Elementary School

  • 570 Beacon St

  • 0.48 miles

  • Public District Grades PK-4

school-card-donut-206919
8
/10

  • Greenmont Avenue Elementary School

  • 37 Greenmont Ave

  • 0.65 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,714. The majority of Lowell, MA residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Lowell›01850›230 Cumberland Rd

This home is located at 230 Cumberland Rd in Lowell, MA and zip code 01850 in the Centralville neighborhood. This 3,890 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $529,900.

Over 45 listings were sold over their listed price in October 2024 in Lowell, MA. In the same period over 17 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Lowell, MA increased by 4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $468,906, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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