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Methuen Town 01844
Lot 1 Abby Lane
$1,025,000
● House - Off Market

Lot 1 Abby Lane

North Andover, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,500 Ft²
$2,278,435
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

New Construction at exciting AUTUMN CHASE, No. Andover's premier new neighborhood by Carroll Construction. A total of 16 custom homes!. This is the model home, loaded with extras. Beautiful marble entry with a bridal staircase. Gourmet cherry kitchen with upgraded appliances.Custom detailing, transoms,columns hardwood flooring and more. 2nd flr guest room w/ priv bath. Walkout lower level (addtl 1,000sf) is ideal for an inlaw/aupair suite. 3 car garage.Town services, Sargent Sch district.
Unit Size
4,500 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$233
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #71356383)

Price History

Date / Event Date Event Price
May 30, 2012 Sold
Premium
Sold
Mar 23, 2012 Listed by Coldwell Banker Residential Brokerage - Andover $1,050,000
Listed by Coldwell Banker Residential Brokerage - Andover
Jun 30, 2006 Sold
Premium
Sold
May 26, 2006 Listed by Coldwell Banker Residential Brokerage - Andover $464,900
Listed by Coldwell Banker Residential Brokerage - Andover
Feb 25, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,350
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,999
  • Total Building Area: 2,438
  • Gross Building Area: 3,908
  • Building Area: 2,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 6749
  • Parcel: METH M:00416 B:00129B L:00026D
  • Block: 129B
  • Lot: 26D
  • Municipality: METHUEN
  • Latitude: 42.7139
  • Longitude: -71.221

    Address

  • Full Address: 1 Abbey Rd
  • Address - House Number: 1
  • Address - Street Name: Abbey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1973
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $692,900

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 734,934
  • High Value: 860,655
  • Low Value: 609,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $592,200
  • Assessed Land Value: $195,500
  • Assessed Improvements Value: $396,700

    Sales

  • Current Sale Recording Date: Jun 30, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 22191
  • Previous Sale Recording Date: Feb 25, 1998
  • Previous Sale Amount: $265,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Methuen Town

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

54.7 years

Currently For Sale

73 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71356383

Frequently Asked Questions

When was property at 1 Abbey Road built and last sold?
The property at 1 Abbey Road was built in 1997 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 1 Abbey Road is $1,062,926.
What are some comparable homes to 1 Abbey Road?
There are currently no comparable homes to 1 Abbey Road.
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