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Essex 01969
41 Meadows Lane
$505,000
● House - Off Market

41 Meadows Lane

Rowley, MA 01969
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,480 Ft²
$1,255,590
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

BEAUTIFUL,PICTURESQUE HOME SET IN ONE OF ROWLEY'S FINEST SUBDIVISION.  NESTLED AMONG THE TREES, THIS BETTER THAN NEW HOME IS FILLED WITH BUILDER UPGRADES & QUALITY WORKMANSHIP
Unit Size
2,480 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$202
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1993

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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 #30586562)

Price History

Date / Event Date Event Price
Mar 9, 2015 Sold
Premium
Sold
Jun 28, 2002 Sold
Premium
Sold
Mar 10, 2002 Listed by Rowley Realty $499,900
Listed by Rowley Realty

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 9
  • Basement Area: 1,340
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,674
  • Total Building Area: 2,404
  • Gross Building Area: 4,264
  • Building Area: 2,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,404
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAVERHILL STREET
  • Land Acres: 0000001347
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0015 B:0107 L:0002
  • Block: 107
  • Lot: 2
  • Municipality: ROWLEY
  • Latitude: 42.7052
  • Longitude: -70.8978

    Address

  • Full Address: 41 Meadows Ln
  • Address - House Number: 41
  • Address - Street Name: Meadows
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 2133
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $969,900

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 910,549
  • High Value: 1,053,438
  • Low Value: 767,660

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $801,600
  • Assessed Land Value: $344,600
  • Assessed Improvements Value: $457,000

    Sales

  • Current Sale Recording Date: Mar 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30900146
  • Previous Sale Recording Date: Jun 28, 2002
  • Previous Sale Amount: $505,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 30586562

Frequently Asked Questions

When was property at 41 Meadows Lane built and last sold?
The property at 41 Meadows Lane was built in 1993 and last sold on Jan 1, 1970 for $467,000.
How much is this home worth?
The estimated value of the home located at 41 Meadows Lane is $531,003.
What are some comparable homes to 41 Meadows Lane?
There are currently no comparable homes to 41 Meadows Lane.
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