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Methuen Town 01844
3 Kristen Lane
$440,000
● House - Off Market

3 Kristen Lane

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$944,778
RealtyHop Estimate
110.00%
Since Nov 1, 2009
National-US
Primary Model

About This Property

New Construction at Harris Brook Village in Desirable Marsh School District in West Methuen.  ***Builder is Offering $5000 in Upgrades to Buyer***. This 5 Lot Subdivision is Private, Yet Minutes to Highways.  These Homes Situated on 1/2 Acre Lots, Will Offer Cabinet Packed Granite Kitchen and Baths, Hardwood, Fireplace, Master Suites, 2 Car Garage and Many Other Impressive Features. This Home Can be Sold as 3 Bedroom at Reduced Price.  Other Lots and Plans Available.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009

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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 years ago (MLSPIN #70865582)

Price History

Date / Event Date Event Price
Oct 30, 2009 Sold
Premium
Sold
Jan 19, 2009 Listed by RE/MAX Partners $449,900
Listed by RE/MAX Partners

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 1,155
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,069
  • Total Building Area: 3,286
  • Gross Building Area: 4,574
  • Building Area: 3,286
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,286
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000576
  • 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: 252202

Zoning

  • Zoning: RB

Geography

  • Account Number: 16533
  • Parcel: METH M:00310 B:00126A L:00053R
  • Block: 126A
  • Lot: 53R
  • Municipality: METHUEN
  • Latitude: 42.7365
  • Longitude: -71.2324

    Address

  • Full Address: 3 Kristen Ln
  • Address - House Number: 3
  • Address - Street Name: Kristen
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1133
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $776,500

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 824,042
  • High Value: 927,398
  • Low Value: 720,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663,700
  • Assessed Land Value: $195,700
  • Assessed Improvements Value: $468,000

    Sales

  • Current Sale Recording Date: Oct 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 99501
  • Previous Sale Recording Date: Oct 30, 2009
  • Previous Sale Document Type: 48
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

53

Average Home Size

2195 ft²

Average Home Age

58.9 years

Currently For Sale

70 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

Unit for rent at 47 Porcupine, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,815 ft²
47 Porcupine #101, Salem, 03079 Listing by Tina Lisa

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 70865582

Frequently Asked Questions

When was property at 3 Kristen Lane built and last sold?
The property at 3 Kristen Lane was built in 2009 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 3 Kristen Lane is $0.
What are some comparable homes to 3 Kristen Lane?
There are currently no comparable homes to 3 Kristen Lane.
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