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Methuen Town 01844
23 Oakmeadow Ln
$469,900
● House - Off Market

23 Oakmeadow Ln

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,176 Ft²
$488,714
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Wonderful ranch style home at its best, located in a great family neighborhood, boasting three good size bedrooms, one and a half baths, great open style kitchen, all nestled on an incredible yard. Original hardwood floors under the carpet, and a real potential to finish the lower level. New half bath in basement. Don't miss this opportunity.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$400
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1968

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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 #73016194)

Price History

Date / Event Date Event Price
Sep 14, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by Coldwell Banker Realty - Chelmsford $469,900
Listed by Coldwell Banker Realty - Chelmsford
Apr 26, 2006 Sold
Premium
Sold
Mar 21, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,176
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,176
  • Gross Building Area: 2,688
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: RC

Geography

  • Account Number: 7635
  • Parcel: METH M:00912 B:00082 L:00021S
  • Block: 82
  • Lot: 21S
  • Municipality: METHUEN
  • Latitude: 42.7415
  • Longitude: -71.1496

    Address

  • Full Address: 23 Oakmeadow Ln
  • Address - House Number: 23
  • Address - Street Name: Oakmeadow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 7415
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $459,500

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 496,071
  • High Value: 586,251
  • Low Value: 405,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,700
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $224,700

    Sales

  • Current Sale Contract Date: Sep 14, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21593
  • Previous Sale Recording Date: Apr 26, 2006
  • Previous Sale Amount: $305,000
  • 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

2157 ft²

Average Home Age

55.2 years

Currently For Sale

74 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# 73016194

Frequently Asked Questions

When was property at 23 Oakmeadow Lane built and last sold?
The property at 23 Oakmeadow Lane was built in 1968 and last sold on Sep 14, 2022 for $469,900.
How much is this home worth?
The estimated value of the home located at 23 Oakmeadow Lane is $470,378.
What are some comparable homes to 23 Oakmeadow Lane?
There are currently no comparable homes to 23 Oakmeadow Lane.
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