Lowell, MA
4 Beds
2 Baths
Available: Now
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,400/mo
No Fee
Heat Included

Amenities & Apartment Information

Unit

Stainless Steel Appliances

Property Description

May 15th or June 1st rental date. High end 2022 construction available right in time for the upcoming school year. Within close proximity to N. Campus of UMass Lowell. A short distance (just over the bridge) to S. Campus. These townhouse style luxury units are on the 2nd and 3rd floor of each building, with only this one, and maybe a second unit coming available. Fully applianced kitchen (all stainless), two baths and nice large bedrooms. Oversized windows. Gleaming hardwood throughout with tile flooring in the kitchen and baths. Granite countertops. Central heat and central air. Owner is prepping the unit for occupancy. Photos are representative of all four units and are from before current tenants moved into property. No pets. No smoking. Maximum of two (2)parking spaces per unit. Coin op laundry in building next door.

Map

Price Comparison

This apartment is above the average price of $3,200 for 4 bedroom apartments in Lowell. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Contact us today before this great unit is rented!

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$136,000 - $163,200
You + 3 Roommates, Each:
$34,000 - $40,800
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$4,760

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Mid Range

25% of Gross Income

$3,400

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Low Range

15% of Gross Income

$2,040

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Have You Considered Buying Your Own Home?

Instead of paying $3,400/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

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