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Methuen Town 01844
37 Sandra Lane
$275,000
● House - Off Market

37 Sandra Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,694 Ft²
$477,574
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

The possibilities are endless when you bring your ideas and put your sweat equity into this original owner home that has been lovingly maintained through the years.  Applianced eat-in kitchen open to formal dining area and open to front to back family room that has sliders to oversized deck.  Great area for entertaining or just relaxing!  Fireplaced formal living room.  Flexible floor plan allows for first floor master bedroom with 2 additional bedrooms upstairs or master bedroom up and room downstairs that can be used as den/office/study,  1.75 baths. Hardwood floors throughout.  Full basement, garage, mature landscaping.  Neighborhood setting yet close to all major conveniences and highways.  Don't wait, take a look today!
Unit Size
1,694 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$177
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1960

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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 #72197995)

Price History

Date / Event Date Event Price
Sep 25, 2017 Sold
Premium
Sold
Jul 13, 2017 Listed by NH Realty Group of New England LLC $299,900
Listed by NH Realty Group of New England LLC

Property Highlights

Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 816
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,694
  • Gross Building Area: 3,384
  • Building Area: 1,694
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 252201

Zoning

  • Zoning: RD

Geography

  • Account Number: 13920
  • Parcel: METH M:00516 B:00152 L:00023M
  • Block: 152
  • Lot: 23M
  • Municipality: METHUEN
  • Latitude: 42.7108
  • Longitude: -71.2067

    Address

  • Full Address: 37 Sandra Ln
  • Address - House Number: 37
  • Address - Street Name: Sandra
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 2719
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 518,887
  • High Value: 600,848
  • Low Value: 436,927

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,700
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $243,700

    Sales

  • Current Sale Recording Date: Sep 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24844
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

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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: 4 months ago
Data Source: MLS PIN, MLS# 72197995

Frequently Asked Questions

When was property at 37 Sandra Lane built and last sold?
The property at 37 Sandra Lane was built in 1960 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 37 Sandra Lane is $314,989.
What are some comparable homes to 37 Sandra Lane?
There are currently no comparable homes to 37 Sandra Lane.
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