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Methuen Town 01844
14 Glen Forest Lane
$280,000
● House - Off Market

14 Glen Forest Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,008 Ft²
$445,725
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Great neighborhood location for this 3 bedroom, 1 1/2 bath Ranch on dead end street.  Roof is 1 1/2 yrs old.  Most windows have been replaced.  Pull down attic for full storage area.  New tub surround.  Seller gifting refrigerator, washer and dryer to buyers at closing.  Bulkhead is 6 yrs old.   Move right in and enjoy this home as you are updating the interior decor.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$278
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1958

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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 #72201752)

Price History

Date / Event Date Event Price
Sep 14, 2017 Sold
Premium
Sold
Jul 21, 2017 Listed by Donna Jean Wayman, Broker $279,900
Listed by Donna Jean Wayman, Broker
Jan 27, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,849
  • Total Building Area: 1,310
  • Gross Building Area: 2,016
  • Building Area: 1,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,310
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • 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: 252101

Zoning

  • Zoning: RD

Geography

  • Account Number: 5183
  • Parcel: METH M:00516 B:00153A L:00036G
  • Block: 153A
  • Lot: 36G
  • Municipality: METHUEN
  • Latitude: 42.7042
  • Longitude: -71.1979

    Address

  • Full Address: 14 Glen Forest Ln
  • Address - House Number: 14
  • Address - Street Name: Glen Forest
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C024
  • 4-Digit Zip Code: 3308
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,100

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 461,228
  • High Value: 542,760
  • Low Value: 379,695

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,200
  • Assessed Land Value: $167,600
  • Assessed Improvements Value: $190,600

    Sales

  • Current Sale Recording Date: Sep 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23816
  • Previous Sale Recording Date: Jan 27, 1988
  • Previous Sale Amount: $134,900
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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# 72201752

Frequently Asked Questions

When was property at 14 Glen Forest Lane built and last sold?
The property at 14 Glen Forest Lane was built in 1958 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 14 Glen Forest Lane is $285,555.
What are some comparable homes to 14 Glen Forest Lane?
There are currently no comparable homes to 14 Glen Forest Lane.
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