38 GorhamLowell, MA 01852

Off market
$500,940 Estimated
  • Parking lots & garages
  • 2,129 SF

Property Details for 38 Gorham

Year built
1960
Lot size
0.05 AC
Property size (Sq ft)
2,129 SF
Zone code
UMU
Property type
Parking lots & garages
APN
LOWE M:179 B:2675 L:38
APU
LOWEM179B2675L38

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $517,421
    6.5%
    $477,620
    7%
    $443,504
  • Comparable approach

    Method
    Valuation
    Relative Method
    $701,001
    Geo Method
    $701,001
  • Alternative Use

    Use
    Valuation
    Residential
    $402,890
    Hospitality
    $369,045
    Educational
    $307,041
    Medical
    $317,601
    Retail
    $477,620
38 Gorham, Lowell, Massachusetts

Location Insight

City
Lowell
County
Middlesex
State
Massachusetts
Latitude
42.6413
Longitude
-71.3085
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,049
$43,600
$1,500
$45,100
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