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Lowell 01850 Centralville
35 Methuen St
$309,000
● House - Off Market

35 Methuen St

Lowell, MA 01850
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,475 Ft²
$407,158
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

***MOTIVATED SELLER***  **MUST SEE** Charming New England Colonial home that has so much to offer. Very spacious home with some fabulous views of the city. Great for 1st time buyer with lots of potential to update to your liking. Plenty of space for guests and extended family as well.  Main level provides large dining room, kitchen, family room, and bedroom. Second level has 3 bedrooms, bathroom, and an additional family room/office space. This home also has an unfinished room in the attic that could be a future bedroom/office or exercise room.      Updates include:  New Furnace, Hot Water tank, rubber roof, & Exterior professionally painted(Spring 2020),
Unit Size
2,475 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$125
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1870

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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 #72729291)

Price History

Date / Event Date Event Price
Dec 23, 2020 Sold
Premium
Sold
Sep 18, 2020 Listed by Return Realty Group, Inc. $309,900
Listed by Return Realty Group, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 1,136
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,948
  • Total Building Area: 2,475
  • Gross Building Area: 4,416
  • Building Area: 2,475
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,475
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000068
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lowell School District
  • School Tax School District: LOWELL SD
  • Census Tract: 310200

Zoning

  • Zoning: TTF

Geography

  • Account Number: P06540
  • Parcel: LOWE M:196 B:4065 L:35
  • Block: 4065
  • Lot: 35
  • Municipality: LOWELL
  • Latitude: 42.6534
  • Longitude: -71.3008

    Address

  • Full Address: 35 Methuen St
  • Address - House Number: 35
  • Address - Street Name: Methuen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C017
  • 4-Digit Zip Code: 2103
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2644
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 489,900
  • High Value: 619,443
  • Low Value: 360,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,700
  • Assessed Land Value: $81,200
  • Assessed Improvements Value: $249,500

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67290
  • Previous Sale Recording Date: Dec 14, 2017
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1957 ft²

Average Home Age

93.2 years

Currently For Sale

30 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: 5 years ago
Data Source: MLS PIN, MLS# 72729291

Frequently Asked Questions

When was property at 35 Methuen Street built and last sold?
The property at 35 Methuen Street was built in 1870 and last sold on Dec 23, 2020 for $309,000.
How much is this home worth?
The estimated value of the home located at 35 Methuen Street is $0.
What are some comparable homes to 35 Methuen Street?
There are currently no comparable homes to 35 Methuen Street.
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