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Methuen Town 01844
20 Alderbrook Lane
$529,000
● House - Off Market

20 Alderbrook Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,315 Ft²
$614,385
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This beautiful oversized split-level home is beaming with pride of ownership offers you the opportunity to move right in.  The main level includes a large living room with beautiful hard wood floors, a bow window and fireplace. Finished lower level which has a fourth bedroom or that much sought-after home office and a large family room with wood stove.   Spacious bedrooms and an oversized master bedroom complete with his and hers closets and full bath.  Oh, did I forget to mention a large 3 season porch overlook beautiful yard.
Unit Size
2,315 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$236
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72873334)

Price History

Date / Event Date Event Price
Oct 5, 2021 Sold
Premium
Sold
Jul 29, 2021 Listed by CUE Realty $545,900
Listed by CUE Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,512
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,357
  • Total Building Area: 2,315
  • Gross Building Area: 4,799
  • Building Area: 2,315
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,315
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • 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: 252502

Zoning

  • Zoning: RD

Geography

  • Account Number: 763
  • Parcel: METH M:00914 B:00100 L:00048Z
  • Block: 100
  • Lot: 48Z
  • Municipality: METHUEN
  • Latitude: 42.7283
  • Longitude: -71.1497

    Address

  • Full Address: 20 Alderbrook Ln
  • Address - House Number: 20
  • Address - Street Name: Alderbrook
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C026
  • 4-Digit Zip Code: 5402
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $670,300

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 652,432
  • High Value: 767,341
  • Low Value: 537,522

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $572,900
  • Assessed Land Value: $185,900
  • Assessed Improvements Value: $387,000

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33206
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

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2234 ft²

Average Home Age

53.1 years

Currently For Sale

76 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 years ago
Data Source: MLS PIN, MLS# 72873334

Frequently Asked Questions

When was property at 20 Alderbrook Lane built and last sold?
The property at 20 Alderbrook Lane was built in 1987 and last sold on Oct 5, 2021 for $529,000.
How much is this home worth?
The estimated value of the home located at 20 Alderbrook Lane is $0.
What are some comparable homes to 20 Alderbrook Lane?
There are currently no comparable homes to 20 Alderbrook Lane.
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