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Methuen Town 01844
6 Lady Slipper Lane
$489,000
● House - Off Market

6 Lady Slipper Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,429 Ft²
$717,608
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

If you have been looking for a spectacular home with over 2,400 sf of living, this is it! Featuring 7+ rooms, 3-4 spacious bedrooms, 1st floor office/den w hardwood floor, 1st floor bath with washer & dryer,  gas fireplace living room w/palladian windows, remodeled granite kitchen with all stainless steel appliances remaining, sliders w/ deck of kitchen to above ground pool, formal dining room w/hardwood floors, some freshly painted rooms, finished walk up room in attic w/ heat & closet, fenced in yard, 2 car garage, plenty of storage space in basement & additional space in walk up attic, central air, master bedroom w 3/4 bath & more.. Watch for Open House times!
Unit Size
2,429 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$201
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1997

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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 #72481091)

Price History

Date / Event Date Event Price
Jul 1, 2019 Sold
Premium
Sold
Apr 24, 2019 Listed by RE/MAX Insight $489,000
Listed by RE/MAX Insight
Aug 25, 2005 Sold
Premium
Sold
Apr 29, 2005 Listed by RE/MAX Insight $459,000
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 5
  • 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: 1,376
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,050
  • Total Building Area: 2,429
  • Gross Building Area: 5,474
  • Building Area: 2,429
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,429
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: 252601

Zoning

  • Zoning: RC

Geography

  • Account Number: 10488
  • Parcel: METH M:01012 B:00108 L:00018N
  • Block: 108
  • Lot: 18N
  • Municipality: METHUEN
  • Latitude: 42.7364
  • Longitude: -71.1435

    Address

  • Full Address: 6 Lady Slipper Ln
  • Address - House Number: 6
  • Address - Street Name: Lady Slipper
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 5208
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $660,700

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 712,278
  • High Value: 823,303
  • Low Value: 601,254

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564,700
  • Assessed Land Value: $172,600
  • Assessed Improvements Value: $392,100

    Sales

  • Current Sale Contract Date: Jun 17, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120158
  • Previous Sale Recording Date: Aug 25, 2005
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: 48
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

2157 ft²

Average Home Age

54.7 years

Currently For Sale

73 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# 72481091

Frequently Asked Questions

When was property at 6 Lady Slipper Lane built and last sold?
The property at 6 Lady Slipper Lane was built in 1997 and last sold on Jun 17, 2019 for $489,000.
How much is this home worth?
The estimated value of the home located at 6 Lady Slipper Lane is $509,495.
What are some comparable homes to 6 Lady Slipper Lane?
There are currently no comparable homes to 6 Lady Slipper Lane.
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