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Methuen Town 01844
11 Hideaway Ln
$640,000
● House - Off Market

11 Hideaway Ln

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,810 Ft²
$601,003
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Look no further! This single-family home has so much to offer! Drive straight in to the 2-car garage while admiring the tremendous curb appeal of this house! This stunning property features cathedral ceilings on the main living area, hardwood floors, an updated kitchen with new stainless-steel appliances, quartz counter tops and a bonus room for an office or play room. On the main level you will also find 3 bedroom and 1 bathroom. Upstairs in the master Suite you will find a massive bedroom with tons of closet space and a beautiful bathroom with a double sink and plenty of space for 2! The basement has tons of potential for future living space that leads out into an awesome yard with a newly installed above ground pool! OFFERS DUE MONDAY 5/1/23 7pm
Unit Size
1,810 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$331
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1986

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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: 4 months ago (MLSPIN #73090484)

Price History

Date / Event Date Event Price
Jun 5, 2023 Sold
Premium
Sold
May 2, 2023 In contract -
In contract
Apr 19, 2023 Relisted $480,000
Relisted
Mar 30, 2023 In contract -
In contract
Mar 22, 2023 Listed by Broad Sound Real Estate, LLC $599,997
Listed by Broad Sound Real Estate, LLC
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,150
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,412
  • Total Building Area: 1,810
  • Gross Building Area: 3,860
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELM STREET ESTATES
  • Land Acres: 0000000354
  • 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: 252300

Zoning

  • Zoning: RD

Geography

  • Account Number: 4639
  • Parcel: METH M:00616 B:00150 L:00074G
  • Block: 150
  • Lot: 74G
  • Municipality: METHUEN
  • Latitude: 42.7113
  • Longitude: -71.1941

    Address

  • Full Address: 11 Hideaway Ln
  • Address - House Number: 11
  • Address - Street Name: Hideaway
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 6609
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $571,400

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 596,694
  • High Value: 644,375
  • Low Value: 549,013

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,400
  • Assessed Land Value: $173,500
  • Assessed Improvements Value: $314,900

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8612
  • Previous Sale Recording Date: Oct 14, 2020
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $480,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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# 73090484

Frequently Asked Questions

When was property at 11 Hideaway Lane built and last sold?
The property at 11 Hideaway Lane was built in 1986 and last sold on Jun 5, 2023 for $640,000.
How much is this home worth?
The estimated value of the home located at 11 Hideaway Lane is $589,205.
What are some comparable homes to 11 Hideaway Lane?
There are currently no comparable homes to 11 Hideaway Lane.
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