$580,000
●
Multifamily -
Off Market
6 Bumpy Lane
Methuen, MA 01844
4 Beds
3 Baths
2,700 Ft²
$1,046,532
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model
About This Property
Amazing Opportunity to own two Homes on Desirable waterfront
Forest Lake with striking views for all Four Seasons,
Both homes have been redone within the last four years.
Impressive open concept living for entertaining in Style.
Gleaming hardwood floors enhancing the bountiful kitchen with ample
cabinetry, granite counters and stainless steel appliances. The
kitchen flows into the formal Dining Area and Spacious Family Room
overlooking the Beautiful views. Three roomy bedrooms master
offering California closets two full bathrooms and laundry room on
the first floor. Offering your own dock and mooring for water
enjoyment. Welcome to your piece of Paradise yet close to all major
highways everything you could possible desire and more.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$220
Property Type
Multifamily
Property Taxes
$362
HOA Dues
-
Year Built
-
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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 years ago (MLSPIN #71873875)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Ceiling Fans, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub & Shower, Open Floor Plan, Slider), Unit 2(Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floor Plan), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Microwave, Refrigerator)
Flooring Type: Tile, Carpet, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Wall to Wall Carpet)
Rooms: 9
Basement: Full, Crawl Space, Walk-Out Access, Concrete
Exterior Details
Property Condition: Unit 1 Remodeled
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Wood, Patio
Lead Paint: Unknown
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: RR
Parcel Number: 2035878
Water Source: Public
Financial Details
Tax Assessed Value: $297,300
Tax Annual Amount: $4,341
Utilities Details
Cooling Type: Unit 1(Central Air), Unit 2(Central Air)
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/15/2015
| |
4 Bed
|
3 Bath
|
2700 ft²
|
$594,900
4 Bed
3 Bath
2700 ft²
|
$580,000
-2.50%
02/26/2016
|
Diane Lemenager
Coco, Early & Associates
|
|
06/09/2005
| |
4 Bed
|
3 Bath
|
2769 ft²
|
$545,000
4 Bed
3 Bath
2769 ft²
|
$503,900
-7.54%
08/12/2005
|
Carol Scalesse
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017