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Methuen Town 01844
3 Coachman Ln
$339,000
● House - Off Market

3 Coachman Ln

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,218 Ft²
$751,482
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Warm and inviting, 7 rm. , 2 full bath,  4 bdrm./ 2  are on the 1ST FLOOR ,plus huge Master suite w hardwood, and a 4th bedroom w closets,sitting area ! Home is in well est.  Homestead Acres , in CGS school dist, near golf course, hwys., and  set on a large serene country lot  WITH 3 car garage. Top quality builder with Anderson  wind., newer roof, and an awesome cherry cabinted  stainless steel  fully applianced Kitchen with breakfast bar / granite counertops.  Living rm.w hdwd,and w .b.hearth
Unit Size
2,218 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$157
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1979

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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: 4 months ago (MLSPIN #71310884)

Price History

Date / Event Date Event Price
Jun 20, 2012 Sold
Premium
Sold
Nov 14, 2011 Listed by RE/MAX Insight $349,000
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,360
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,776
  • Total Building Area: 2,218
  • Gross Building Area: 4,192
  • Building Area: 2,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,218
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000661
  • 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: RB

Geography

  • Account Number: 5036
  • Parcel: METH M:00708 B:00069 L:00054
  • Block: 69
  • Lot: 54
  • Municipality: METHUEN
  • Latitude: 42.7639
  • Longitude: -71.1775

    Address

  • Full Address: 3 Coachman Ln
  • Address - House Number: 3
  • Address - Street Name: Coachman
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1706
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $633,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 691,723
  • High Value: 800,984
  • Low Value: 582,462

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,600
  • Assessed Land Value: $221,900
  • Assessed Improvements Value: $319,700

    Sales

  • Current Sale Recording Date: Jun 20, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71310884

Frequently Asked Questions

When was property at 3 Coachman Lane built and last sold?
The property at 3 Coachman Lane was built in 1979 and last sold on Jan 1, 1970 for $339,000.
How much is this home worth?
The estimated value of the home located at 3 Coachman Lane is $369,762.
What are some comparable homes to 3 Coachman Lane?
There are currently no comparable homes to 3 Coachman Lane.
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