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Methuen Town 01844
2 Longwood Drive
$155,000
● House - Off Market

2 Longwood Drive

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,688 Ft²
$478,700
RealtyHop Estimate
193.86%
Since Jul 1, 2000
National-US
Primary Model

About This Property

CENTER ENTRANCE COLONIAL. GOOD SIZE ROOMS W/ 8 FT CEILINGS. BEAUTIFUL H/W FLRS THROUGHOUT. FRONT TO BACK LIVING ROOM W/ FIREPLACE. GREAT FENCED IN YARD. 1 CAR GARAGE. MOVE IN CONDITION. WON'T LAST! 1000.SELLING BONUS
Unit Size
1,688 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$97
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1920

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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 #30398684)

Price History

Date / Event Date Event Price
Jun 23, 2000 Sold
Premium
Sold
Apr 3, 2000 Listed $162,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 682
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,584
  • Gross Building Area: 2,980
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSEDALE
  • 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: 252501

Zoning

  • Zoning: RD

Geography

  • Account Number: 15054
  • Parcel: METH M:00816 B:00096 L:00014
  • Block: 96
  • Lot: 14
  • Municipality: METHUEN
  • Latitude: 42.7245
  • Longitude: -71.1607

    Address

  • Full Address: 2 Longwood Dr
  • Address - House Number: 2
  • Address - Street Name: Longwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: C045
  • 4-Digit Zip Code: 5016
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,400

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 470,098
  • High Value: 555,556
  • Low Value: 384,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,900
  • Assessed Land Value: $143,000
  • Assessed Improvements Value: $200,900

    Sales

  • Current Sale Recording Date: Jun 23, 2000
  • Current Sale Price:
    Premium
  • Current 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

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30398684

Frequently Asked Questions

When was property at 2 Longwood Drive built and last sold?
The property at 2 Longwood Drive was built in 1920 and last sold on Jan 1, 1970 for $155,000.
How much is this home worth?
The estimated value of the home located at 2 Longwood Drive is $0.
What are some comparable homes to 2 Longwood Drive?
There are currently no comparable homes to 2 Longwood Drive.
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