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Methuen Town 01844
15 Alderbrook Lane
$375,000
● House - Off Market

15 Alderbrook Lane

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,713 Ft²
$723,547
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Large Colonial on cul-de-sac . Perfect for entertaining! This home has been meticulously cared for by 1 owner. Vinyl sided with newer roof and gutters. Sits on a large level lot with 2 car garage plus enough parking for 8 cars. Gleaming hardwood floors throughout, and 4 over sized bedrooms you won't find in many properties. Plus 3 1/2 baths and a finished basement. A 14x30 sun porch with deck. A wonderful place to entertain and call home!
Unit Size
3,713 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$105
Property Type
House
Property Taxes
$405
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: 5 months ago (MLSPIN #71690645)

Price History

Date / Event Date Event Price
Aug 15, 2014 Sold
Premium
Sold
Jun 1, 2014 Listed by Connie Doto Realty Group $389,500
Listed by Connie Doto Realty Group
Apr 28, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 3
  • Basement Area: 2,408
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,211
  • Total Building Area: 3,713
  • Gross Building Area: 6,148
  • Building Area: 3,713
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,713
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000395
  • 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: 252502

Zoning

  • Zoning: RD

Geography

  • Account Number: 4483
  • Parcel: METH M:00914 B:00100 L:00048U
  • Block: 100
  • Lot: 48U
  • Municipality: METHUEN
  • Latitude: 42.7284
  • Longitude: -71.1509

    Address

  • Full Address: 15 Alderbrook Ln
  • Address - House Number: 15
  • Address - Street Name: Alderbrook
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C026
  • 4-Digit Zip Code: 5401
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $659,800

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 716,475
  • High Value: 828,153
  • Low Value: 604,796

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,900
  • Assessed Land Value: $193,000
  • Assessed Improvements Value: $370,900

    Sales

  • Current Sale Recording Date: Aug 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17910
  • Previous Sale Recording Date: Apr 28, 1994
  • Previous Sale Amount: $197,000
  • 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

51

Average Home Size

2215 ft²

Average Home Age

54 years

Currently For Sale

73 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# 71690645

Frequently Asked Questions

When was property at 15 Alderbrook Lane built and last sold?
The property at 15 Alderbrook Lane was built in 1984 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 15 Alderbrook Lane is $431,057.
What are some comparable homes to 15 Alderbrook Lane?
There are currently no comparable homes to 15 Alderbrook Lane.
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