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Methuen Town 01844
10 Lyndale Ave
$475,000
● House - Off Market

10 Lyndale Ave

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,273 Ft²
$539,220
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Spacious colonial in established neighborhood in the Marsh School district. This home has been in the same family for 48 years and has been lovingly cared for during that time. The First floor features a formal living room and dining room with hardwood floors, spacious family room, a large eat in kitchen and a full bath. The second floor has 4 generous sized bedrooms with hardwood floors, and a second bathroom. This home also has many recent updates including  roof, windows and forced hot air heating by gas. Plenty of off street parking and a large level lot completes this perfect home.
Unit Size
2,273 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$209
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #72879200)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by Compass $475,000
Listed by Compass
Jun 17, 1994 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1
  • 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: 969
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,502
  • Total Building Area: 2,273
  • Gross Building Area: 4,594
  • Building Area: 2,273
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,273
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST END PARK
  • Land Acres: 0000000448
  • 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: 252201

Zoning

  • Zoning: RB

Geography

  • Account Number: 386
  • Parcel: METH M:00414 B:00132 L:00137
  • Block: 132
  • Lot: 137
  • Municipality: METHUEN
  • Latitude: 42.728
  • Longitude: -71.2212

    Address

  • Full Address: 10 Lyndale Ave
  • Address - House Number: 10
  • Address - Street Name: Lyndale
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1423
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $522,300

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 549,450
  • High Value: 642,470
  • Low Value: 456,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,400
  • Assessed Land Value: $190,800
  • Assessed Improvements Value: $255,600

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32568
  • Previous Sale Recording Date: Jun 17, 1994
  • Previous Sale Amount: $117,500
  • 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

53

Average Home Size

2184 ft²

Average Home Age

60.6 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 years ago
Data Source: MLS PIN, MLS# 72879200

Frequently Asked Questions

When was property at 10 Lyndale Avenue built and last sold?
The property at 10 Lyndale Avenue was built in 1920 and last sold on Sep 30, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 10 Lyndale Avenue is $490,623.
What are some comparable homes to 10 Lyndale Avenue?
There are currently no comparable homes to 10 Lyndale Avenue.
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