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Methuen Town 01844
LOT 1 Oak Knoll Road
$301,500
● House - Off Market

LOT 1 Oak Knoll Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,892 Ft²
$771,880
RealtyHop Estimate
149.07%
Since Aug 1, 2002
National-US
Primary Model

About This Property

BRAND NEW OVER SIZED SPLIT OF 7 RMS, 3 BDRMS, 2 FULL BATHS, MASTER W/JACUZZI. CUSTOM KIT. W/BREAKFAST BAR, DIN. RM WITH SLIDERS TO DECK, VAULTED CEILINGS, CEN. AIR, LL 14X28 FAM RM 2 CAR GARAGE W/OPENNERS, TILE, HARDWOOD, MANY EXTRAS.
Unit Size
1,892 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$164
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1950

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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 #30595730)

Price History

Date / Event Date Event Price
Jul 31, 2003 Sold
Premium
Sold
Jun 10, 2003 Listed by David Minicucci Real Estate $249,000
Listed by David Minicucci Real Estate
Jul 15, 2002 Sold
Premium
Sold
Apr 9, 2002 Listed by David Minicucci Real Estate $309,900
Listed by David Minicucci Real Estate
BRAND NEW OVER SIZED SPLIT OF 7 RMS, 3 BDRMS, 2 FULL BATHS, MASTER W/JACUZZI. CUSTOM KIT. W/BREAKFAST BAR, DIN. RM WITH SLIDERS TO DECK, VAULTED CEILINGS, CEN. AIR, LL 14X28 FAM RM 2 CAR GARAGE W/OPENNERS, TILE, HARDWOOD, MANY EXTRAS.
Mar 28, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,278
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,756
  • Total Building Area: 1,472
  • Gross Building Area: 2,958
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORWOOD AVE
  • Land Acres: 0000000316
  • 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: 252501

Zoning

  • Zoning: RD

Geography

  • Account Number: 5031
  • Parcel: METH M:00816 B:00096 L:00034
  • Block: 96
  • Lot: 34
  • Municipality: METHUEN
  • Latitude: 42.7256
  • Longitude: -71.1648

    Address

  • Full Address: 1 Oak Knoll Rd
  • Address - House Number: 1
  • Address - Street Name: Oak Knoll
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C045
  • 4-Digit Zip Code: 4922
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $452,700

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 505,574
  • High Value: 602,198
  • Low Value: 408,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,900
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $209,900

    Sales

  • Current Sale Recording Date: Jul 31, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 28, 2000
  • Previous Sale Amount: $199,900
  • 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

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2150 ft²

Average Home Age

54.9 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30595730

Frequently Asked Questions

When was property at 1 Oak Knoll Road built and last sold?
The property at 1 Oak Knoll Road was built in 1950 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 1 Oak Knoll Road is $269,883.
What are some comparable homes to 1 Oak Knoll Road?
There are currently no comparable homes to 1 Oak Knoll Road.
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