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Methuen Town 01844
63 Bridle Path Lane
$275,000
● House - Off Market

63 Bridle Path Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,407 Ft²
$709,550
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

ORIGINAL OWNER HOME BOASTS NEW WINDOWS,SIDING,ROOF,GUTTERS, RECENT 16X12 DECK,A/G POOL, OVERSIZED PRIVATE LOT IN DESIRABLE MARSH SCHOOL DISTRICT, COMMUTERS DREAM! 20 MIN FRM BOSTON-ROUGH PLUMBING AND FIXTURES IN LL FOR BATH
Unit Size
1,407 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$201
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1983

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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 #30590561)

Price History

Date / Event Date Event Price
Jun 17, 2002 Sold
Premium
Sold
Mar 23, 2002 Listed by Maria Smith Real Estate $282,500
Listed by Maria Smith Real Estate

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • 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: 19
  • Exterior Walls Type: 19
  • 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: 1,092
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 26,480
  • Total Building Area: 1,674
  • Gross Building Area: 2,604
  • Building Area: 1,674
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,674
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000608
  • 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: RB

Geography

  • Account Number: 13469
  • Parcel: METH M:00312 B:00126A L:00111
  • Block: 126A
  • Lot: 111
  • Municipality: METHUEN
  • Latitude: 42.734
  • Longitude: -71.2296

    Address

  • Full Address: 63 Bridle Path Ln
  • Address - House Number: 63
  • Address - Street Name: Bridle Path
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1572
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $543,000

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 597,616
  • High Value: 702,871
  • Low Value: 492,361

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,100
  • Assessed Land Value: $198,900
  • Assessed Improvements Value: $265,200

    Sales

  • Current Sale Recording Date: Jun 17, 2002
  • Current Sale Price:
    Premium
  • Current 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 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# 30590561

Frequently Asked Questions

When was property at 63 Bridle Path Lane built and last sold?
The property at 63 Bridle Path Lane was built in 1983 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 63 Bridle Path Lane is $294,608.
What are some comparable homes to 63 Bridle Path Lane?
There are currently no comparable homes to 63 Bridle Path Lane.
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