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Methuen Town 01844
72A-2 Strawberry Lane
Photo of 72A-2 Strawberry Lane
Sold on May 13, 2005

1

Map

$529,900
● House - Off Market

72A-2 Strawberry Lane

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,665 Ft²
$957,005
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

New construction- sought after West Methuen pretty wooded cul-de-sac 3/4 acre, Almost finished for quick closing. Walk-up attic future expansion. Hardwood foyer, kitchen, dining room, and living room. Open concept to cultured stone fireplace family room, hardwood staircase to spacious master suite. Well landscaped, 2 stall garage and more!!! Location- let's make the sale!!!
Unit Size
2,665 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$199
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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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: 5 months ago (MLSPIN #70140675)

Price History

Date / Event Date Event Price
Sep 23, 2005 Sold
Premium
Sold
May 13, 2005 Sold
Premium
Sold
Feb 1, 2005 Listed $529,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,348
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,119
  • Total Building Area: 3,689
  • Gross Building Area: 5,436
  • Building Area: 3,689
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,689
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000600
  • 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: 252202

Zoning

  • Zoning: RB

Geography

  • Account Number: 10072
  • Parcel: METH M:00312 B:00126A L:00072A
  • Block: 126A
  • Lot: 72A
  • Municipality: METHUEN
  • Latitude: 42.7318
  • Longitude: -71.2294

    Address

  • Full Address: 2 Strawberry Ln
  • Address - House Number: 2
  • Address - Street Name: Strawberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1562
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $884,100

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 896,248
  • High Value: 1,035,761
  • Low Value: 756,735

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $755,600
  • Assessed Land Value: $189,500
  • Assessed Improvements Value: $566,100

    Sales

  • Current Sale Recording Date: Sep 23, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 36434
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

Unit for rent at 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70140675

Frequently Asked Questions

When was property at 2 Strawberry Lane built and last sold?
The property at 2 Strawberry Lane was built in 2005 and last sold on Jan 1, 1970 for $541,900.
How much is this home worth?
The estimated value of the home located at 2 Strawberry Lane is $552,837.
What are some comparable homes to 2 Strawberry Lane?
There are currently no comparable homes to 2 Strawberry Lane.
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