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Methuen Town 01844
2 Lindbergh Ave.
$195,000
● House - Off Market

2 Lindbergh Ave.

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,481 Ft²
$571,280
RealtyHop Estimate
165.71%
Since Feb 1, 2002
National-US
Primary Model

About This Property

NICE THREE BEDROOM COLONIAL IN A VERY CONVENIENT COMMUTER LOCATION. RECENT UPDATES INCLUDE KITCHEN, BATHS, FURNACE & ELECTRIC (100AMP). LOCATED ACROSS THE STREET FROM PARK.
Unit Size
1,481 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$145
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 years ago (MLSPIN #30558115)

Price History

Date / Event Date Event Price
Jan 4, 2002 Sold
Premium
Sold
Nov 1, 2001 Listed by LAER Realty Partners $215,000
Listed by LAER Realty Partners
Jun 26, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 7
  • Basement Area: 906
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,731
  • Gross Building Area: 3,162
  • Building Area: 1,731
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,731
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 8929
  • Parcel: METH M:00512 B:00146 L:00019
  • Block: 146
  • Lot: 19
  • Municipality: METHUEN
  • Latitude: 42.7249
  • Longitude: -71.2013

    Address

  • Full Address: 2 Lindberg Ave
  • Address - House Number: 2
  • Address - Street Name: Lindberg
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C032
  • 4-Digit Zip Code: 2426
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $434,500

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 504,078
  • High Value: 595,713
  • Low Value: 412,442

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,400
  • Assessed Land Value: $160,800
  • Assessed Improvements Value: $210,600

    Sales

  • Current Sale Recording Date: Jan 04, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 26, 2001
  • Previous Sale Amount: $210,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2235 ft²

Average Home Age

55.5 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30558115

Frequently Asked Questions

When was property at 2 Lindberg Avenue built and last sold?
The property at 2 Lindberg Avenue was built in 1900 and last sold on Jan 1, 1970 for $195,000.
How much is this home worth?
The estimated value of the home located at 2 Lindberg Avenue is $0.
What are some comparable homes to 2 Lindberg Avenue?
There are currently no comparable homes to 2 Lindberg Avenue.
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