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Methuen Town 01844
295 Lowell St
$332,000
● House - Off Market

295 Lowell St

Methuen, MA 01844
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,397 Ft²
$560,740
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Great large home with a fenced in backyard and easy access to route 93. Five generous bedrooms which includes a large master bedroom and a first floor bedroom which can be used as a den or office. Oversized family room, good sized dining room and eat-in kitchen are just a few amenities that this lovely home has to offer. Extra large basement which can be finished off as a playroom or additional living space. Large yard situated on a corner lot is big enough for a pool or just sit back and relax.  A must see.
Unit Size
2,397 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$139
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1946

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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 #72030855)

Price History

Date / Event Date Event Price
Aug 30, 2016 Sold
Premium
Sold
Jun 29, 2016 Listed by Coco, Early & Associates $332,000
Listed by Coco, Early & Associates
Apr 24, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,617
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,955
  • Total Building Area: 2,397
  • Gross Building Area: 5,257
  • Building Area: 2,397
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,397
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000297
  • 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: 252201

Zoning

  • Zoning: RD

Geography

  • Account Number: 1959
  • Parcel: METH M:00516 B:00152 L:00010
  • Block: 152
  • Lot: 10
  • Municipality: METHUEN
  • Latitude: 42.711
  • Longitude: -71.2018

    Address

  • Full Address: 295 Lowell St
  • Address - House Number: 295
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 3422
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 589,532
  • High Value: 696,702
  • Low Value: 482,362

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $467,600
  • Assessed Land Value: $160,500
  • Assessed Improvements Value: $307,100

    Sales

  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22333
  • Previous Sale Recording Date: Apr 24, 1992
  • Previous Sale Amount: $80,000
  • 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

2193 ft²

Average Home Age

59.5 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 months ago
Data Source: MLS PIN, MLS# 72030855

Frequently Asked Questions

When was property at 295 Lowell Street built and last sold?
The property at 295 Lowell Street was built in 1946 and last sold on Jan 1, 1970 for $332,000.
How much is this home worth?
The estimated value of the home located at 295 Lowell Street is $335,454.
What are some comparable homes to 295 Lowell Street?
There are currently no comparable homes to 295 Lowell Street.
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