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Methuen Town 01844
252 Lowell St
$275,000
● House - Off Market

252 Lowell St

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
2,992 Ft²
$315,127
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Construction loan or cash. Lots of space here inside and out. The home needs work and is situated on a flat lot, back from the road with a large driveway and large level backyard.  The exterior is adorned with 3 porches, and plenty of windows to let in lots of natural light. The back section of the house was added in 1997 and is can be finished to taste. Already equipped with forced air in the ceiling of the addition, this house is a few steps away from becoming a dream home with some work put into it. Sold as-is, as-seen. All offers due by Monday at 2pm.
Unit Size
2,992 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$94
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1930

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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 #72892562)

Price History

Date / Event Date Event Price
Oct 5, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed by Ian Handel Real Estate LLC $280,000
Listed by Ian Handel Real Estate LLC
Jul 3, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,302
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,500
  • Total Building Area: 2,992
  • Gross Building Area: 4,381
  • Building Area: 2,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,992
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000585
  • 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: 252101

Zoning

  • Zoning: RD

Geography

  • Account Number: 4696
  • Parcel: METH M:00514 B:00151 L:00024
  • Block: 151
  • Lot: 24
  • Municipality: METHUEN
  • Latitude: 42.7129
  • Longitude: -71.1984

    Address

  • Full Address: 252 Lowell St
  • Address - House Number: 252
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 3403
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 486,327
  • High Value: 567,455
  • Low Value: 405,199

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $442,100
  • Assessed Land Value: $169,300
  • Assessed Improvements Value: $272,800

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33156
  • Previous Sale Recording Date: Jul 03, 1996
  • Previous Sale Amount: $65,000
  • 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

54.7 years

Currently For Sale

73 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# 72892562

Frequently Asked Questions

When was property at 252 Lowell Street built and last sold?
The property at 252 Lowell Street was built in 1930 and last sold on Sep 28, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 252 Lowell Street is $0.
What are some comparable homes to 252 Lowell Street?
There are currently no comparable homes to 252 Lowell Street.
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