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Methuen Town 01844
159 Lowell
$260,000
● House - Off Market

159 Lowell

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,846 Ft²
$378,663
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Opportunity awaits in this good size Ranch.  Home needs some TLC, but a nice floor plan with a large kitchen.  Living room has plenty of natural light with hardwood floor and a fireplace.  Three good size bedrooms.  There are two finished rooms in the basement that are heated and offers you many options.  Good size lot with a large deck and a storage shed.   There will be limited showings Tuesday and Wednesday 3 - 7.  Do not miss this opportunity!!
Unit Size
1,846 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$135
Property Type
House
Property Taxes
$283
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 #72377231)

Price History

Date / Event Date Event Price
Oct 3, 2018 Sold
Premium
Sold
Aug 10, 2018 Listed by ERA Key Realty Services $250,000
Listed by ERA Key Realty Services

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,423
  • Total Building Area: 1,444
  • Gross Building Area: 2,984
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • 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: 252201

Zoning

  • Zoning: BN

Geography

  • Account Number: 4949
  • Parcel: METH M:00614 B:00147 L:00071B
  • Block: 147
  • Lot: 71B
  • Municipality: METHUEN
  • Latitude: 42.7188
  • Longitude: -71.196

    Address

  • Full Address: 159 Lowell St
  • Address - House Number: 159
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 7014
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,900

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 448,055
  • High Value: 532,050
  • Low Value: 364,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,000
  • Assessed Land Value: $163,700
  • Assessed Improvements Value: $200,300

    Sales

  • Current Sale Recording Date: Oct 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24354
  • Previous Sale Recording Date: Nov 19, 2015
  • 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

53

Average Home Size

2221 ft²

Average Home Age

56.1 years

Currently For Sale

74 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# 72377231

Frequently Asked Questions

When was property at 159 Lowell Street built and last sold?
The property at 159 Lowell Street was built in 1950 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 159 Lowell Street is $272,741.
What are some comparable homes to 159 Lowell Street?
There are currently no comparable homes to 159 Lowell Street.
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