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Methuen Town 01844
6 Sandra Lane
$250,000
● House - Off Market

6 Sandra Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,452 Ft²
$427,104
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

FABULOUS RANCH BEING SOLD WITH SEVERAL UPDATES AND REPAIRS.  THIS RANCH HAS INTERIOR FRESH PAINT, ALL NEW APPLIANCES, FRESH EXTERIOR PAINT, NEW FRONT STAIRS, ALL HARDWOOD REDONE, NEW CARPETS, NEW ENCLOSED PORCH FLOORING, CERAMIC KITCHEN, MASTER WITH MASTER BATH, CATHEDRAL CEILINGS AND SKYLIGHT.  THIS HOME ALSO HAS A NEW FURNACE AND HOT WATER HEATER.  SELLER AND SELLER REPRESENTATIVE MAKE NO REPRESENTATIONS, EITHER EXPRESSED OR IMPLIED.  SELLER ADDENDUMS APPLY.  ALL OFFERS MUST ACCOMPANY THE ATTACHED MULTI-OFFER FORM, LEAD PAINT, DISCLOSURES, SELLER QUESTIONNAIRE TO BUYER, AND PREAPPROVAL.  THIS PROPERTY QUALIFIES FOR FREDDIE MAC FIRST LOOK INITIATIVE THROUGH MAY 30, 2015.  MULTI OFFERS - DUE BY WED MAY 13 AT 6:00 PM
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$165
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1960

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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 #71833959)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Feb 24, 2021 Listed by Coco, Early & Associates The Andovers $439,721
Listed by Coco, Early & Associates The Andovers
Jul 1, 2015 Sold
Premium
Sold
May 11, 2015 Listed by Coco, Early & Associates The Andovers $239,900
Listed by Coco, Early & Associates The Andovers

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,452
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,452
  • Gross Building Area: 3,216
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 252201

Zoning

  • Zoning: RD

Geography

  • Account Number: 4318
  • Parcel: METH M:00516 B:00152 L:00023Z
  • Block: 152
  • Lot: 23Z
  • Municipality: METHUEN
  • Latitude: 42.7113
  • Longitude: -71.2089

    Address

  • Full Address: 6 Sandra Ln
  • Address - House Number: 6
  • Address - Street Name: Sandra
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 2720
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 525,240
  • High Value: 620,723
  • Low Value: 429,757

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,200
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $249,200

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12775
  • Previous Sale Recording Date: Jul 01, 2015
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: O
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

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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: 4 months ago
Data Source: MLS PIN, MLS# 71833959

Frequently Asked Questions

When was property at 6 Sandra Lane built and last sold?
The property at 6 Sandra Lane was built in 1960 and last sold on Apr 16, 2021 for $491,000.
How much is this home worth?
The estimated value of the home located at 6 Sandra Lane is $441,713.
What are some comparable homes to 6 Sandra Lane?
There are currently no comparable homes to 6 Sandra Lane.
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