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Methuen Town 01844
62 Anderson Drive
$430,000
● House - Off Market

62 Anderson Drive

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,931 Ft²
$568,346
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Make this special one family loved home your very own! This split level is located at the bottom of the neighborhood on a level lot with mature landscape. This 3 bedroom home has hardwood throughout the top floor (under carpets as well), kitchen is updated with granite and newer cabinets. A separate dining room and full bath  finish out the top floor.  The lower level features a wood burning fireplace and a large open living area with slider to fenced in back yard. The  bathroom/laundry room with extra pantry space completes the 1st floor. Additional updates include new Trek decking, new garage doors and newer front and back doors. This home needs updating to bring it back to it's prime. One year warranty included. Make an appointment today!
Unit Size
1,931 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$212
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1970

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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 #72667034)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
Jun 3, 2020 Listed by LAER Realty Partners $409,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,287
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,931
  • Gross Building Area: 2,774
  • Building Area: 1,931
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,931
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: 7240
  • Parcel: METH M:01012 B:00108 L:00457G
  • Block: 108
  • Lot: 457G
  • Municipality: METHUEN
  • Latitude: 42.7428
  • Longitude: -71.1449

    Address

  • Full Address: 62 Anderson Dr
  • Address - House Number: 62
  • Address - Street Name: Anderson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 7410
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 530,046
  • High Value: 613,769
  • Low Value: 446,323

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,900
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $237,900

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18723
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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 years

Currently For Sale

74 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# 72667034

Frequently Asked Questions

When was property at 62 Anderson Drive built and last sold?
The property at 62 Anderson Drive was built in 1970 and last sold on Jul 23, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 62 Anderson Drive is $428,019.
What are some comparable homes to 62 Anderson Drive?
There are currently no comparable homes to 62 Anderson Drive.
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