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Methuen Town 01844
188 Lowell Street
$247,000
● House - Off Market

188 Lowell Street

Methuen, MA 01844
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,300 Ft²
$559,318
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Need lots of space-indoors & out?  With 3+ flrs of living space, this beautiful, updated colonial will suit your needs. Flexible floor plan is perfect for a large family, in-home office, or private master suite. Fantastic "cooks" kitchen has maple cabinets, SS appliances, & plenty of storage.  This home is in move-in condition, w/a huge, private, level lot. Each room is cable/internet ready & there's an almost finished media room in the lower level. Loaded w/extras-this home is not to be missed
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$113
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1915

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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 #71386209)

Price History

Date / Event Date Event Price
Aug 31, 2012 Sold
Premium
Sold
May 22, 2012 Listed by Century 21 McLennan & Company $259,900
Listed by Century 21 McLennan & Company
Mar 19, 2004 Sold
Premium
Sold
Sep 12, 2003 Listed by Century 21 McLennan & Company $269,900
Listed by Century 21 McLennan & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 922
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,698
  • Total Building Area: 2,225
  • Gross Building Area: 3,961
  • Building Area: 2,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,225
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 11336
  • Parcel: METH M:00614 B:00150 L:00055
  • Block: 150
  • Lot: 55
  • Municipality: METHUEN
  • Latitude: 42.7172
  • Longitude: -71.1959

    Address

  • Full Address: 188 Lowell St
  • Address - House Number: 188
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 7015
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,000

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 555,093
  • High Value: 656,003
  • Low Value: 454,184

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,700
  • Assessed Land Value: $155,500
  • Assessed Improvements Value: $240,200

    Sales

  • Current Sale Recording Date: Aug 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Mar 19, 2004
  • Previous Sale Amount: $267,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2193 ft²

Average Home Age

59.5 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: 5 months ago
Data Source: MLS PIN, MLS# 71386209

Frequently Asked Questions

When was property at 188 Lowell Street built and last sold?
The property at 188 Lowell Street was built in 1915 and last sold on Jan 1, 1970 for $247,000.
How much is this home worth?
The estimated value of the home located at 188 Lowell Street is $263,426.
What are some comparable homes to 188 Lowell Street?
There are currently no comparable homes to 188 Lowell Street.
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