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Methuen Town 01844
4 Champy Lane
$320,000
● House - Off Market

4 Champy Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$546,332
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Custom multi-level home with beautiful in ground pool in a great neighborhood! Welcome to this meticulous, mid-century gem, featuring spacious, sun-filled rooms, gleaming hardwood floors, fresh paint, an awesome sunroom with built-ins that over looks the pool, a large eat-in kitchen, three big bedrooms, a two car garage, and a huge, partially finished lower level with endless potential. A great value and an incredible opportunity!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$160
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1955

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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 #71995011)

Price History

Date / Event Date Event Price
May 26, 2016 Sold
Premium
Sold
Apr 27, 2016 Listed by William Raveis R.E. & Home Services $319,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,000
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,014
  • Total Building Area: 2,675
  • Gross Building Area: 4,204
  • Building Area: 2,675
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,675
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000437
  • 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: 8567
  • Parcel: METH M:00814 B:00082A L:00003E
  • Block: 82A
  • Lot: 3E
  • Municipality: METHUEN
  • Latitude: 42.7331
  • Longitude: -71.1597

    Address

  • Full Address: 4 Champy Ln
  • Address - House Number: 4
  • Address - Street Name: Champy
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 4604
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,600

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 614,219
  • High Value: 725,877
  • Low Value: 502,561

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,100
  • Assessed Land Value: $197,500
  • Assessed Improvements Value: $287,600

    Sales

  • Current Sale Recording Date: May 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12251
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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2186 ft²

Average Home Age

58.3 years

Currently For Sale

74 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: 5 months ago
Data Source: MLS PIN, MLS# 71995011

Frequently Asked Questions

When was property at 4 Champy Lane built and last sold?
The property at 4 Champy Lane was built in 1955 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 4 Champy Lane is $341,717.
What are some comparable homes to 4 Champy Lane?
There are currently no comparable homes to 4 Champy Lane.
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