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Methuen Town 01844
1 Hitching Post Ln
Photo of 1 Hitching Post Ln
Sold on Jun 19, 2009

1

Map

$500,000
● House - Off Market

1 Hitching Post Ln

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,275 Ft²
$1,030,415
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Make this yours! Beautiful characteristics adorn this home situated in a Cul de sac neighborhood. Great layout and large kitchen with granite countertops and center isle are perfect for entertaining. Some other nice features are the  heated sunroom,walk up attic and 3 car garage.Make your appointment to see it today!
Unit Size
3,275 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$153
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
2001

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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: 5 months ago (MLSPIN #70915331)

Price History

Date / Event Date Event Price
Jun 22, 2009 Sold
Premium
Sold
May 8, 2009 Listed $500,000
Listed
Feb 27, 2007 Sold
Premium
Sold
Sep 8, 2006 Listed $629,900
Listed

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,763
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,184
  • Total Building Area: 3,275
  • Gross Building Area: 6,747
  • Building Area: 3,275
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,275
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 13563
  • Land Acres: 0000000922
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Andover School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 16196
  • Parcel: METH M:00908 B:00077 L:00056P
  • Block: 77
  • Lot: 56P
  • Municipality: METHUEN
  • Latitude: 42.7554
  • Longitude: -71.1584

    Address

  • Full Address: 1 Hitching Post Ln
  • Address - House Number: 1
  • Address - Street Name: Hitching Post
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R015
  • 4-Digit Zip Code: 2695
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $921,600

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 938,047
  • High Value: 1,097,973
  • Low Value: 778,121

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $787,700
  • Assessed Land Value: $250,500
  • Assessed Improvements Value: $537,200

    Sales

  • Current Sale Recording Date: Jun 22, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17614
  • Previous Sale Recording Date: Feb 27, 2007
  • Previous Sale Amount: $600,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2203 ft²

Average Home Age

52.9 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: 5 months ago
Data Source: MLS PIN, MLS# 70915331

Frequently Asked Questions

When was property at 1 Hitching Post Lane built and last sold?
The property at 1 Hitching Post Lane was built in 2001 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 1 Hitching Post Lane is $535,981.
What are some comparable homes to 1 Hitching Post Lane?
There are currently no comparable homes to 1 Hitching Post Lane.
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