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Methuen Town 01844
32 Pheasant Hill Lane
$450,000
● House - Off Market

32 Pheasant Hill Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,944 Ft²
$671,869
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Welcome home! Located in desirable Methuen neighborhood, this colonial has space for all. Enter into the foyer with vaulted ceilings and windows that let in tons of natural light. Cozy living room, perfect for family gatherings. The eat in kitchen features recessed lighting and ceiling fan, as well as exterior access to the deck and large, level backyard. Upstairs you'll find 3 sizable bedrooms with a plentiful amount of closet space, and the second full bathroom. A generously sized basement gives ample storage space. Close to highways, public transportation, golf courses, shopping, and much more. Don't miss out on this opportunity!
Unit Size
1,944 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$236
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1994

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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: 4 months ago (MLSPIN #72560914)

Price History

Date / Event Date Event Price
Nov 29, 2019 Sold
Premium
Sold
Sep 7, 2019 Listed by Lamacchia Realty, Inc. $459,000
Listed by Lamacchia Realty, Inc.
Dec 31, 1997 Sold
Premium
Sold
Nov 13, 1997 Listed by Lamacchia Realty, Inc. $229,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 936
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,409
  • Total Building Area: 1,958
  • Gross Building Area: 4,712
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000583
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 240
  • Parcel: METH M:00316 B:00130 L:0046HH
  • Block: 130
  • Lot: 46HH
  • Municipality: METHUEN
  • Latitude: 42.7083
  • Longitude: -71.2329

    Address

  • Full Address: 32 Pheasant Hill Ln
  • Address - House Number: 32
  • Address - Street Name: Pheasant Hill
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R002
  • 4-Digit Zip Code: 1957
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $622,800

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 666,331
  • High Value: 774,289
  • Low Value: 558,373

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,300
  • Assessed Land Value: $196,400
  • Assessed Improvements Value: $335,900

    Sales

  • Current Sale Contract Date: Nov 29, 2019
  • Current Sale Recording Date: Nov 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30257
  • Previous Sale Recording Date: Dec 31, 1997
  • Previous Sale Amount: $229,900
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72560914

Frequently Asked Questions

When was property at 32 Pheasant Hill Lane built and last sold?
The property at 32 Pheasant Hill Lane was built in 1994 and last sold on Nov 29, 2019 for $450,000.
How much is this home worth?
The estimated value of the home located at 32 Pheasant Hill Lane is $464,129.
What are some comparable homes to 32 Pheasant Hill Lane?
There are currently no comparable homes to 32 Pheasant Hill Lane.
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