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Methuen Town 01844
6 Rolling Ridge Ln
$345,900
● House - Off Market

6 Rolling Ridge Ln

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,129 Ft²
$619,549
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Commuter's dream location!  With easy access to Rt. 93 and Rt. 495 and convenient to shopping at The Loop, the property is located in the highly desirable Rolling Ridge subdivision of Methuen, close to Merrimack Valley Golf Course.    This meticulously maintained home has a beautiful upper-level sunroom addition with spacious balcony, perfect for relaxing or entertaining. Enjoy an evening by the hearth in the lower-level family room, which boasts an elegant marble-tiled fireplace, or step outside to let your cares melt away in the roomy hot tub. There is also plenty of space to rest or play in the level backyard, accented with a raised-bed garden and trellis. Lower level has in-law potential with separate ground level entrance. Showing starts after Open House on Sunday, 4/19 from 2-4 PM.
Unit Size
2,129 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$162
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1983

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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: 4 months ago (MLSPIN #71819087)

Price History

Date / Event Date Event Price
May 22, 2015 Sold
Premium
Sold
Apr 16, 2015 Listed by Keller Williams Realty $345,900
Listed by Keller Williams Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,444
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 21,288
  • Total Building Area: 2,129
  • Gross Building Area: 2,926
  • Building Area: 2,129
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,129
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 11358
  • Parcel: METH M:00808 B:00077 L:00068K
  • Block: 77
  • Lot: 68K
  • Municipality: METHUEN
  • Latitude: 42.7606
  • Longitude: -71.1675

    Address

  • Full Address: 6 Rolling Ridge Ln
  • Address - House Number: 6
  • Address - Street Name: Rolling Ridge
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R004
  • 4-Digit Zip Code: 2633
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $616,400

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 660,061
  • High Value: 776,314
  • Low Value: 543,808

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,800
  • Assessed Land Value: $203,200
  • Assessed Improvements Value: $323,600

    Sales

  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11921
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

52

Average Home Size

2235 ft²

Average Home Age

55.5 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71819087

Frequently Asked Questions

When was property at 6 Rolling Ridge Lane built and last sold?
The property at 6 Rolling Ridge Lane was built in 1983 and last sold on Jan 1, 1970 for $345,900.
How much is this home worth?
The estimated value of the home located at 6 Rolling Ridge Lane is $368,155.
What are some comparable homes to 6 Rolling Ridge Lane?
There are currently no comparable homes to 6 Rolling Ridge Lane.
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