What is the estimated cap rate for 97 Crawford Street, Lowell, MA 01854?

Based on rent reported on the MLS listing, 97 Crawford Street, Lowell, MA 01854 (2 units) has an estimated 4.43% cap rate at its $599,900 list price, assuming $3,500/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 97 Crawford Street, Lowell, MA 01854?

The MLS listing reports about $3,500/month in total rent for a 2-unit multi-family in 01854. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

12 Days on market

97 Crawford Street Lowell — Photo 1 of 42

$599,900

Investment Analysis — 97 Crawford Street

Lowell, MA 01854

Based on rent reported on the MLS listing, a 2-unit multi-family in 01854 carries $3,500/mo in gross rent — about a 4.43% cap rate and $26,555/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,754

Style

Multi Family

Built

1910

Welcome to this charming two-family in desirable Pawtucketville, tucked on a side street just one street from University Avenue and close to UMass Lowell, Lowell General Hospital, and major commuter routes. The second-floor unit offers 2 bedrooms, 1 bath, a bonus room, private deck, and pull-down attic access. The spacious first-floor unit has been newly remodeled with granite countertops, newer appliances, and an enclosed porch. Both units offer washer/dryer hookups and abundant natural light. Highlights include a new roof in 2022, a freshly painted exterior, energy-efficiency/weatherization updates, ample off-street parking for 3 cars, a fenced-in backyard, shed, and full basement. A great opportunity for owner-occupants and investors alike.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Financials

Original Price$599,900

Annual Taxes$5,365.15

Parking

Garage0

Off-Street3

Interior Specifications

Total Rooms8

FireplacesNone

Flooring--

BasementFull, Interior Entry, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationStone

ZoningTTF

Property & Lot

Acres0.08

SqFt Lot3,485

Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Listing Provided By

Listing Agent: Marsha Hebert

Listing Office: Dick Lepine Real Estate, Inc.

MLS® Number: 73570991