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Methuen Town 01844
6 Liams Lane
$600,000
● House - Off Market

6 Liams Lane

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$881,993
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Located at the end of the cul-de-sac --- Custom home offering 9 Rooms, 4 SPACIOUS Bedrooms (including GRAND MASTER SUITE), 2.5 Baths &  2,800 SqFt of Living Space with 9' First Floor Ceiling set on 16,346 SqFt of land overlooking 16 ACRES of CONSERVATION LAND within a wooded, 9-Lot Cul-De-Sac of New Homes. --- ENORMOUS Walk-Up Attic & Garage --- Private SouthWest-Facing Deck catches the sun and provides beautiful views and breathtaking sunsets!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$214
Property Type
House
Property Taxes
$145
HOA Dues
$23
Year Built
2018

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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 #72473342)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
Jun 28, 2019 Sold
Premium
Sold
Mar 30, 2019 Listed by Kiklis Real Estate, LLC $599,995
Listed by Kiklis Real Estate, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 1,080
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,348
  • Total Building Area: 3,886
  • Gross Building Area: 5,928
  • Building Area: 3,886
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,886
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000375
  • 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: 252602

Zoning

  • Zoning: RR

Geography

  • Account Number: 18564
  • Parcel: METH M:00906 B:00074 L:00071K
  • Block: 74
  • Lot: 71K
  • Municipality: METHUEN
  • Latitude: 42.7734
  • Longitude: -71.1606

    Address

  • Full Address: 6 Liams Ln
  • Address - House Number: 6
  • Address - Street Name: Liams
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R004
  • 4-Digit Zip Code: 4270
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $886,600

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 916,223
  • High Value: 1,058,846
  • Low Value: 773,601

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $757,800
  • Assessed Land Value: $175,600
  • Assessed Improvements Value: $582,200

    Sales

  • Current Sale Contract Date: Jun 12, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15702
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 18, 2019
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: VAR
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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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

Unit for rent at 387 Main, Salem, 03079

$2,400 /mo

  • 1 Bed
  • 1,000 ft²
387 Main #1, Salem, 03079 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72473342

Frequently Asked Questions

When was property at 6 Liam's Lane built and last sold?
The property at 6 Liam's Lane was built in 2018 and last sold on Jun 12, 2022 for $20,000.
How much is this home worth?
The estimated value of the home located at 6 Liam's Lane is $620,873.
What are some comparable homes to 6 Liam's Lane?
There are currently no comparable homes to 6 Liam's Lane.
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