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Methuen Town 01844
7 Champy Ln
Photo of 7 Champy Ln
Sold on Mar 31, 2010

1

Map

$295,000
● House - Off Market

7 Champy Ln

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,752 Ft²
$702,960
RealtyHop Estimate
113.67%
Since Apr 1, 2010
National-US
Primary Model

About This Property

THIS IS WORTH A LOOK!  This custom ranch is in very good condition with spacious bedrooms, 3 & 1/2 baths, hardwood floors, large deck off the family room overlooking huge back yard, 3 fireplaces, large kitchen, 1st floor laundry, 2 car heated garage, central air.  Finished lower level has walk out and a cedar closet in the bedroom.  Short sale - lender approval needed.
Unit Size
2,752 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$120
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1966

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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: 5 months ago (MLSPIN #70990505)

Price History

Date / Event Date Event Price
Mar 31, 2010 Sold
Premium
Sold
Oct 16, 2009 Listed $329,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 2,081
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,068
  • Total Building Area: 2,705
  • Gross Building Area: 5,503
  • Building Area: 2,705
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,705
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000621
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 13754
  • Parcel: METH M:00814 B:00082A L:00002E
  • Block: 82A
  • Lot: 2E
  • Municipality: METHUEN
  • Latitude: 42.7333
  • Longitude: -71.1591

    Address

  • Full Address: 7 Champy Ln
  • Address - House Number: 7
  • Address - Street Name: Champy
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 4603
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $615,400

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 652,438
  • High Value: 762,897
  • Low Value: 541,979

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,000
  • Assessed Land Value: $217,700
  • Assessed Improvements Value: $308,300

    Sales

  • Current Sale Recording Date: Mar 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8254
  • Previous Sale Recording Date: Oct 06, 2006
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2190 ft²

Average Home Age

60.7 years

Currently For Sale

75 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70990505

Frequently Asked Questions

When was property at 7 Champy Lane built and last sold?
The property at 7 Champy Lane was built in 1966 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 7 Champy Lane is $359,603.
What are some comparable homes to 7 Champy Lane?
There are currently no comparable homes to 7 Champy Lane.
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