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Methuen Town 01844
39 Oakmeadow Ln
$440,000
● House - Off Market

39 Oakmeadow Ln

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,914 Ft²
$630,075
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Move right in to this 3 bedroom, 2 bath home with a NEW kitchen featuring shaker style cabinets, granite counters, and stylish backsplash, brand NEW hardwood floors, NEW stainless steel appliances and a peninsula with seating for 3-4. The fireplaced living room is open to the dining area making entertaining in this home a breeze. All hardwood floors have been recently refinished and all rooms have been freshly painted! The lower level offers two additional rooms including a large fireplaced space that is a nice option as a 4th bedroom, family room, or a private place for guests. Completing the lower level is a newly remodeled bathroom and a laundry room. All this plus a NEW furnace and NEW water heater, NEW windows, and located on a corner lot on a sought-after street!
Unit Size
1,914 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$225
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1968

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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 #72542454)

Price History

Date / Event Date Event Price
Sep 30, 2019 Sold
Premium
Sold
Jul 31, 2019 Listed by Keller Williams Realty $429,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,560
  • Total Building Area: 1,914
  • Gross Building Area: 2,734
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK MDW ESTATES SEC 02
  • Land Acres: 0000000357
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 6437
  • Parcel: METH M:00912 B:00082 L:00022E
  • Block: 82
  • Lot: 22E
  • Municipality: METHUEN
  • Latitude: 42.7423
  • Longitude: -71.1507

    Address

  • Full Address: 39 Oakmeadow Ln
  • Address - House Number: 39
  • Address - Street Name: Oakmeadow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 7415
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $552,800

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 593,312
  • High Value: 697,809
  • Low Value: 488,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,500
  • Assessed Land Value: $181,300
  • Assessed Improvements Value: $291,200

    Sales

  • Current Sale Contract Date: Aug 28, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24043
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

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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 years ago
Data Source: MLS PIN, MLS# 72542454

Frequently Asked Questions

When was property at 39 Oakmeadow Lane built and last sold?
The property at 39 Oakmeadow Lane was built in 1968 and last sold on Aug 28, 2019 for $440,000.
How much is this home worth?
The estimated value of the home located at 39 Oakmeadow Lane is $0.
What are some comparable homes to 39 Oakmeadow Lane?
There are currently no comparable homes to 39 Oakmeadow Lane.
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