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Methuen Town 01844
2 Yvonne Lane
$385,000
● House - Off Market

2 Yvonne Lane

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,398 Ft²
$979,305
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

6 YR OLD COLONIAL ON DEAD-END STREE IN C.G.S. DIST. MASTER BATH W/JACUZZI+SKYLIGHT. F/P FAM.RM. FULLY APPLIANCED KIT. FARMERS PORCH+DECK. 2 CAR GAR.W/OPENERS.  C/T + HARDWD. FLS. PULL DOWN TO STOR. ATTIC. CENT.VAC.+ALARM SYS. A GREAT BUY!!
Unit Size
2,398 Ft²
Days on Market
-
Land Size
1.89 acres
Price per sqft
$163
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1997

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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 #30581151)

Price History

Date / Event Date Event Price
Jun 25, 2002 Sold
Premium
Sold
Feb 19, 2002 Listed by Property Services Real Estate $389,900
Listed by Property Services Real Estate
May 30, 1997 Sold
Premium
Sold
Sep 20, 1996 Sold
Premium
Sold
Aug 22, 1996 Listed by Property Services Real Estate $264,900
Listed by Property Services Real Estate

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 3
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 82,328
  • Total Building Area: 3,406
  • Gross Building Area: 5,680
  • Building Area: 3,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,406
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001890
  • 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: 252602

Zoning

  • Zoning: RR

Geography

  • Account Number: 2827
  • Parcel: METH M:00806 B:00070 L:00014A
  • Block: 70
  • Lot: 14A
  • Municipality: METHUEN
  • Latitude: 42.7747
  • Longitude: -71.1739

    Address

  • Full Address: 2 Yvonne Ln
  • Address - House Number: 2
  • Address - Street Name: Yvonne
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1263
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $790,300

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 845,479
  • High Value: 977,089
  • Low Value: 713,869

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $675,500
  • Assessed Land Value: $241,500
  • Assessed Improvements Value: $434,000

    Sales

  • Current Sale Recording Date: Jun 25, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 20, 1996
  • Previous Sale Amount: $245,000
  • 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

52

Average Home Size

2184 ft²

Average Home Age

58.6 years

Currently For Sale

75 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# 30581151

Frequently Asked Questions

When was property at 2 Yvonne Lane built and last sold?
The property at 2 Yvonne Lane was built in 1997 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 2 Yvonne Lane is $404,769.
What are some comparable homes to 2 Yvonne Lane?
There are currently no comparable homes to 2 Yvonne Lane.
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