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Methuen Town 01844
36 Coachman Lane
$365,000
● House - Off Market

36 Coachman Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,624 Ft²
$807,730
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model

About This Property

East Methuen. Homestead acres, near golf course. Tastefully maintained 3 bedroom ranch with 15'X 24' family room addition done in 1987. Large fully applianced & eat-in newer kitchen, formal fireplaced living room w/large bay window & pergo flooring, Anderson insulated windows throughout, central air, new roof, attached 2 car garage, front porch, rear deck, large rear storage shed & situated on lush lawn on 1/2 acre lot with separate meter for irrigation system.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$246
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1979

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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 months ago (MLSPIN #70021445)

Price History

Date / Event Date Event Price
Jul 26, 2004 Sold
Premium
Sold
Jun 21, 2004 Sold
Premium
Sold
Apr 17, 2004 Listed by RE/MAX Preferred, Inc. $399,900
Listed by RE/MAX Preferred, Inc.

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,288
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,508
  • Total Building Area: 1,904
  • Gross Building Area: 4,265
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000471
  • 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: 12788
  • Parcel: METH M:00808 B:00069 L:00037
  • Block: 69
  • Lot: 37
  • Municipality: METHUEN
  • Latitude: 42.7602
  • Longitude: -71.1735

    Address

  • Full Address: 36 Coachman Ln
  • Address - House Number: 36
  • Address - Street Name: Coachman
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1730
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $612,100

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 672,317
  • High Value: 777,112
  • Low Value: 567,521

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $523,200
  • Assessed Land Value: $201,300
  • Assessed Improvements Value: $321,900

    Sales

  • Current Sale Recording Date: Jul 26, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 32764
  • Previous Sale Recording Date: Jun 21, 2004
  • Previous Sale Amount: $100,000
  • 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

$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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70021445

Frequently Asked Questions

When was property at 36 Coachman Lane built and last sold?
The property at 36 Coachman Lane was built in 1979 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 36 Coachman Lane is $387,045.
What are some comparable homes to 36 Coachman Lane?
There are currently no comparable homes to 36 Coachman Lane.
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