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Methuen Town 01844
1 Coachman Lane
$375,000
● House - Off Market

1 Coachman Lane

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,666 Ft²
$601,882
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Location, Location, Location! Homestead Acres  is the site of this 4 bedroom Colonial. Large corner wooded lot offers room to grow. Minutes to all area amenities and major routes.
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$225
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (MLSPIN #72097998)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
Dec 1, 2016 Listed by Weichert Realtors' Daher Companies $374,900
Listed by Weichert Realtors' Daher Companies
Aug 23, 2010 Sold
Premium
Sold
Jun 21, 2010 Listed by Weichert Realtors' Daher Companies $279,900
Listed by Weichert Realtors' Daher Companies

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,821
  • Total Building Area: 1,666
  • Gross Building Area: 2,765
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J&A BLDGS INC
  • Land Acres: 0000000524
  • 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: 252602

Zoning

  • Zoning: RB

Geography

  • Account Number: 2594
  • Parcel: METH M:00708 B:00069 L:00053
  • Block: 69
  • Lot: 53
  • Municipality: METHUEN
  • Latitude: 42.7644
  • Longitude: -71.1779

    Address

  • Full Address: 1 Coachman Ln
  • Address - House Number: 1
  • Address - Street Name: Coachman
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1706
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $537,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 591,513
  • High Value: 699,044
  • Low Value: 483,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,100
  • Assessed Land Value: $207,100
  • Assessed Improvements Value: $252,000

    Sales

  • Current Sale Recording Date: Jun 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15527
  • Previous Sale Recording Date: Aug 23, 2010
  • Previous Sale Amount: $279,900
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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

Unit for rent at 5 Sally Sweets, Salem, 03079

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,346 ft²
5 Sally Sweets #129, Salem, 03079 Listing by Josh Judge

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72097998

Frequently Asked Questions

When was property at 1 Coachman Lane built and last sold?
The property at 1 Coachman Lane was built in 1977 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 1 Coachman Lane is $382,931.
What are some comparable homes to 1 Coachman Lane?
There are currently no comparable homes to 1 Coachman Lane.
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