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Methuen Town 01844
54 Lowell Street
Photo of 54 Lowell Street
Sold on Nov 23, 2005

1

Map

$253,000
● House - Off Market

54 Lowell Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,042 Ft²
$431,050
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

Totally remodeled - 7 room - 3 bedroom - 2 bath home. Features Family room, living room, office, oak fully applianced stainless steel kitchen, large dining area, marble entrance, pergo flooring and more.
Unit Size
1,042 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$240
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1930

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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 #70230852)

Price History

Date / Event Date Event Price
Oct 1, 2020 Sold
Premium
Sold
Feb 20, 2009 Sold
Premium
Sold
Nov 23, 2005 Sold
Premium
Sold
Jul 24, 2005 Listed by LAER Realty Partners $249,900
Listed by LAER Realty Partners
Totally remodeled - 7 room - 3 bedroom - 2 bath home. Features Family room, living room, office, oak fully applianced stainless steel kitchen, large dining area, marble entrance, pergo flooring and more.
Feb 2, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,032
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,429
  • Total Building Area: 1,434
  • Gross Building Area: 3,052
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELSIE WOOD ESTATE
  • Land Acres: 0000000148
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 14848
  • Parcel: METH M:00614 B:00136 L:00012
  • Block: 136
  • Lot: 12
  • Municipality: METHUEN
  • Latitude: 42.7243
  • Longitude: -71.1922

    Address

  • Full Address: 54 Lowell St
  • Address - House Number: 54
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C027
  • 4-Digit Zip Code: 3671
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 473,803
  • High Value: 548,642
  • Low Value: 398,964

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,300
  • Assessed Land Value: $146,100
  • Assessed Improvements Value: $218,200

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26537
  • Previous Sale Recording Date: Feb 20, 2009
  • Previous Sale Amount: $169,900
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2190 ft²

Average Home Age

54.1 years

Currently For Sale

71 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# 70230852

Frequently Asked Questions

When was property at 54 Lowell Street built and last sold?
The property at 54 Lowell Street was built in 1930 and last sold on Sep 30, 2020 for $287,000.
How much is this home worth?
The estimated value of the home located at 54 Lowell Street is $256,649.
What are some comparable homes to 54 Lowell Street?
There are currently no comparable homes to 54 Lowell Street.
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