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Methuen Town 01844
62 Bumpy Lane
Photo of 62 Bumpy Lane
Sold on Nov 18, 2005

1

Map

$675,000
● House - Off Market

62 Bumpy Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,935 Ft²
$1,207,251
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

Fantastic views from this "House and Garden" custom built property, overlooking Forest Lake. 180' of water frontage, beautiful landscaping, deck, screened porch for wonderful outside entertaining. No amenity spared in this stuning open concept ranch. Square footage does not include full walk out lower level. complete with fireplace and bath,and loads of storage and plenty of room for further expanssion. All room sizes approx.
Unit Size
2,935 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$238
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1994

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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 #70193822)

Price History

Date / Event Date Event Price
Nov 18, 2005 Sold
Premium
Sold
May 18, 2005 Listed $699,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 3,067
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,102
  • Total Building Area: 4,925
  • Gross Building Area: 10,392
  • Building Area: 4,925
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,925
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANK AUFIERO SCALE 01
  • Land Acres: 0000000393
  • 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: 252202

Zoning

  • Zoning: RR

Geography

  • Account Number: 12000
  • Parcel: METH M:00112 B:00128 L:00005
  • Block: 128
  • Lot: 5
  • Municipality: METHUEN
  • Latitude: 42.7284
  • Longitude: -71.2491

    Address

  • Full Address: 62 Bumpy Ln
  • Address - House Number: 62
  • Address - Street Name: Bumpy
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1322
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $932,500

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,036,125
  • High Value: 1,197,445
  • Low Value: 874,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $797,000
  • Assessed Land Value: $192,800
  • Assessed Improvements Value: $604,200

    Sales

  • Current Sale Recording Date: May 12, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9403
  • Previous Sale Recording Date: Nov 18, 2005
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: 27
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

Unit for rent at 4 Arbor, Pelham, 03076

$3,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,772 ft²
4 Arbor, Pelham, 03076 Listing by DawnMarie McCarthy
Unit for rent at 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70193822

Frequently Asked Questions

When was property at 62 Bumpy Lane built and last sold?
The property at 62 Bumpy Lane was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 62 Bumpy Lane is $720,960.
What are some comparable homes to 62 Bumpy Lane?
There are currently no comparable homes to 62 Bumpy Lane.
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