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Methuen Town 01844
56 Lowell Street
Photo of 56 Lowell Street
Sold on Dec 21, 2007

1

Map

$335,000
● House - Off Market

56 Lowell Street

Methuen, MA 01844
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,240 Ft²
$652,828
RealtyHop Estimate
81.59%
Since Jan 1, 2008
National-US
Primary Model

About This Property

HUGE REDUCTION on this gorgeous victorian. Enjoy breakfast or coffee on front porch, oversized grand foyer, pocket drs that lead to the lv with f/p to enjoy holidays, din. rm w/ french drs has fp and built-in cab. w/leaded glass, kitchen is large enough to entertain, 1st floor master bdrm, 2nd flr has 4 good size bdrms 1 w/ fp, 2nd bath has claw foot tub and subway tiles, all this and more on 1/2 acre of land w/ 2 car garage and inground heated pool.
Unit Size
3,240 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$111
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1900

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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 #70644415)

Price History

Date / Event Date Event Price
Dec 21, 2007 Sold
Premium
Sold
Sep 8, 2007 Listed $359,500
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,855
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 21,950
  • Total Building Area: 3,245
  • Gross Building Area: 5,486
  • Building Area: 3,245
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,245
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000504
  • 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: 11481
  • Parcel: METH M:00614 B:00136 L:00013
  • Block: 136
  • Lot: 13
  • Municipality: METHUEN
  • Latitude: 42.7242
  • Longitude: -71.1923

    Address

  • Full Address: 56 Lowell St
  • Address - House Number: 56
  • 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: $620,600

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 678,598
  • High Value: 794,796
  • Low Value: 562,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $530,400
  • Assessed Land Value: $180,300
  • Assessed Improvements Value: $350,100

    Sales

  • Current Sale Recording Date: Dec 21, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 36247
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

2155 ft²

Average Home Age

55.5 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70644415

Frequently Asked Questions

When was property at 56 Lowell Street built and last sold?
The property at 56 Lowell Street was built in 1900 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 56 Lowell Street is $361,731.
What are some comparable homes to 56 Lowell Street?
There are currently no comparable homes to 56 Lowell Street.
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