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Methuen Town 01844
15 Laurel Ave
$280,000
● House - Off Market

15 Laurel Ave

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
972 Ft²
$373,109
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This 4 bedroom home on a quiet street is the perfect place for a family looking for their new home.  This home has new appliances and flooring in the kitchen.  The nice open flow of the kitchen and living room makes it real easy to entertain.  The home features two bedrooms on the first floor and two bedrooms on the second floor.  The basement is spacious for storage or a workroom for a handyman.  The back yard is private .  The  newly paved driveway has parking for 4 cars and there is plenty of on street parking for any functions.  This home will not last long at this price.  Don't miss out!  All Offers Due Monday April 13th at 5 PM
Unit Size
972 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$272
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1950

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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 #72641331)

Price History

Date / Event Date Event Price
May 22, 2020 Sold
Premium
Sold
Apr 9, 2020 Listed by Twin Pinnacle Realty $264,000
Listed by Twin Pinnacle Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 972
  • Gross Building Area: 2,160
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 972
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: RG

Geography

  • Account Number: 8622
  • Parcel: METH M:00618 B:00161 L:00024
  • Block: 161
  • Lot: 24
  • Municipality: METHUEN
  • Latitude: 42.7018
  • Longitude: -71.1959

    Address

  • Full Address: 15 Laurel Ave
  • Address - House Number: 15
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 3309
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,800

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 409,527
  • High Value: 486,299
  • Low Value: 332,756

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,000
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $172,000

    Sales

  • Current Sale Contract Date: May 06, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12172
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

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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# 72641331

Frequently Asked Questions

When was property at 15 Laurel Avenue built and last sold?
The property at 15 Laurel Avenue was built in 1950 and last sold on May 6, 2020 for $280,000.
How much is this home worth?
The estimated value of the home located at 15 Laurel Avenue is $270,384.
What are some comparable homes to 15 Laurel Avenue?
There are currently no comparable homes to 15 Laurel Avenue.
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