$440,000
●
Condo -
Off Market
2 Loring Rd #2
Methuen, MA 01844
4 Beds
3 Baths
1,867 Ft²
$460,302
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Second opportunity, buyer's financing fell through, don't miss it
this time!! EASY TO SHOW!! Spacious and bright well maintained 2002
condex townhouse with 4 bedrooms, 2.5 bathrooms, and finished bonus
space in the basement. No condo fees!! Third floor primary bedroom
with skylights and with private bathroom, 2nd level has 3 bedrooms
and 1 bathroom, and level 1 features a living room with a gas
fireplace, an eat-in kitchen with sliders to the deck, and a
fenced-in yard with beautiful gardens and patio. Brand new carpets
in all bedrooms. New stove and Hot Water Tank 2022. Don't miss out!
(Offer deadline Monday at 6:00pm)
Unit Size
1,867 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$236
Property Type
Condo
Property Taxes
$395
HOA Dues
-
Year Built
2002
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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: 5 years ago (MLSPIN #73007558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by Jon Whitney | $545,000 | |
| Listed by Jon Whitney | |||
   | |||
|
Welcome home to this spacious 4 Bedroom and 2.5 Bath Townhouse in Methuen. As you enter, you notice the first floor has a nice living room with gas fireplace, large eat-it kitchen with upgraded appliances and a half bath. Upstairs there are 3 good sized bedrooms with wall to wall carpet and plenty of closet space. A full bath completes the 2nd floor. On the 3rd floor you will find the Primary Bedroom with full ensuite. A bonus room in the basement provides options for further expansion or extra storage. You can also relax in your fenced in private backyard. Don't miss your opportunity to own this spacious and bright well maintained condex townhouse with NO CONDO FEE! Showings begin at the Open Houses on Saturday 7/26 from 10-12 and Sunday 7-27 from 12-2.
| |||
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Oct 4, 2022 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Hardwood
Laundry Features: In Unit
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse, Half-Duplex
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Zoning: RD
Parcel Number: M:01014 B:0109AR L:00001, 4911756
Water Source: Public
Financial Details
Tax Assessed Value: $362,900
Tax Annual Amount: $4,736
Utilities Details
Utilities: for Gas Range
Cooling Type: Window Unit(s)
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/25/2025
|
4 Bed
|
2 Bath
|
2030 ft²
|
$545,000
4 Bed
2 Bath
2030 ft²
|
$566,000
+3.85%
08/28/2025
|
Benjamin Gibson
Jon Whitney
| |
|
07/06/2022
|
4 Bed
|
3 Bath
|
1867 ft²
|
$439,900
4 Bed
3 Bath
1867 ft²
|
$440,000
+0.02%
10/28/2022
|
Patricia Nunez
Redfin Corp.
| |
|
08/23/2004
| |
4 Bed
|
2 Bath
|
1785 ft²
|
$289,900
4 Bed
2 Bath
1785 ft²
|
$289,900
10/29/2004
|
Vincent Bruno
J. Borstell Real Estate, Inc.
|
|
07/24/2002
|
Loft
|
3 Bath
|
1785 ft²
|
$259,900
Loft
3 Bath
1785 ft²
|
$259,900
11/27/2002
|
Vincent Bruno
J. Borstell Real Estate, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017