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Methuen Town 01844
11 Sugar Pine Ln
$360,000
● House - Off Market

11 Sugar Pine Ln

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,500 Ft²
$657,823
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Fabulous 4 or 5 bedroom home located in West Methuen in the desirable Marsh Elementary/Middle School District! This well maintained home features 2,500 +/- sf of living space, 2 full baths, both with tub and shower, eat in kitchen with tile flooring and an adjacent living room with hardwood floors and wood burning fireplace. The main level also includes two bedrooms, a full bath  and family room. Upstairs you'll find two spacious bedrooms (master), ample closet space and second full bath with Jacuzzi soaking tub and NEW separate shower. The lower level is finished and includes family room/playroom, private office, exercise room and laundry area. Superb opportunity to own a quality built home on a quiet cul-de-sac neighborhood!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$144
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1984

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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 #71745840)

Price History

Date / Event Date Event Price
Mar 30, 2015 Sold
Premium
Sold
Sep 18, 2014 Listed by RE/MAX Partners $359,900
Listed by RE/MAX Partners
May 1, 2003 Sold
Premium
Sold
Jan 27, 2003 Listed by RE/MAX Partners $334,900
Listed by RE/MAX Partners

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,325
  • Total Building Area: 2,150
  • Gross Building Area: 3,478
  • Building Area: 2,150
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,150
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000467
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 9888
  • Parcel: METH M:00218 B:00130 L:00018T
  • Block: 130
  • Lot: 18T
  • Municipality: METHUEN
  • Latitude: 42.7041
  • Longitude: -71.2353

    Address

  • Full Address: 11 Sugar Pine Ln
  • Address - House Number: 11
  • Address - Street Name: Sugar Pine
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 1856
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $606,900

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 652,296
  • High Value: 767,181
  • Low Value: 537,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $518,700
  • Assessed Land Value: $200,800
  • Assessed Improvements Value: $317,900

    Sales

  • Current Sale Recording Date: Mar 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111629
  • Previous Sale Recording Date: May 01, 2003
  • Previous Sale Amount: $335,500
  • Previous Sale Document Type: 48
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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71745840

Frequently Asked Questions

When was property at 11 Sugar Pine Lane built and last sold?
The property at 11 Sugar Pine Lane was built in 1984 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 11 Sugar Pine Lane is $385,936.
What are some comparable homes to 11 Sugar Pine Lane?
There are currently no comparable homes to 11 Sugar Pine Lane.
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