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Methuen Town 01844
1 Harmony Ln
$361,500
● House - Off Market

1 Harmony Ln

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,842 Ft²
$587,960
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Picture perfect custom built split with 3 bedrooms and 1 ¾ bath. This great home features an updated kitchen, newer roof (2 yrs. old), full wall fireplace in the living room (also has cathedral ceiling). Lower level features a family room, ¾ bath and laundry room. Sitting on a well manicured corner lot in a great location. Central air and a 2-car garage complete this great home! All this in a convenient location-within minutes to major highways!
Unit Size
1,842 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$201
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1983

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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 #72185067)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Mar 18, 2021 Listed by Fudge Properties $489,000
Listed by Fudge Properties
Oct 5, 2017 Sold
Premium
Sold
Jun 20, 2017 Listed by Fudge Properties $369,900
Listed by Fudge Properties
Oct 25, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,103
  • Total Building Area: 1,842
  • Gross Building Area: 2,730
  • Building Area: 1,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,842
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000255
  • 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: 252502

Zoning

  • Zoning: RD

Geography

  • Account Number: 9836
  • Parcel: METH M:00914 B:00100 L:00050G
  • Block: 100
  • Lot: 50G
  • Municipality: METHUEN
  • Latitude: 42.7295
  • Longitude: -71.1508

    Address

  • Full Address: 1 Harmony Ln
  • Address - House Number: 1
  • Address - Street Name: Harmony
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C026
  • 4-Digit Zip Code: 5405
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $604,900

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 625,951
  • High Value: 739,742
  • Low Value: 512,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,000
  • Assessed Land Value: $177,800
  • Assessed Improvements Value: $339,200

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14584
  • Previous Sale Recording Date: Oct 05, 2017
  • Previous Sale Amount: $361,500
  • Previous Sale Document Type: O
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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 years

Currently For Sale

74 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: 4 months ago
Data Source: MLS PIN, MLS# 72185067

Frequently Asked Questions

When was property at 1 Harmony Lane built and last sold?
The property at 1 Harmony Lane was built in 1983 and last sold on Apr 30, 2021 for $522,000.
How much is this home worth?
The estimated value of the home located at 1 Harmony Lane is $497,454.
What are some comparable homes to 1 Harmony Lane?
There are currently no comparable homes to 1 Harmony Lane.
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