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Methuen Town 01844
7 Lois St
Photo of 7 Lois St
Sold on May 29, 2009

1

Map

$255,000
● House - Off Market

7 Lois St

Methuen, MA 01844
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,888 Ft²
$536,932
RealtyHop Estimate
107.39%
Since Jun 1, 2009
National-US
Primary Model

About This Property

West Methuen -This home totally remodeled last 5yrs in & out. Marsh School. Bring the family!Has 1st flor separate In-Law 3rms, 1bath. Separate heat, electric all updated!! Main house also all updated. Large Kitchen beautiful Oak cabinets, island, 4 bedrooms, 2baths, separate heat and electric, enclosed front porch, Large level lot, garage, plenty of off street parking! A lot for $$$. Great time for first time buyer to take advantage of $8,000 tax credit!!Generator ready!Want quick sale!
Unit Size
1,888 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$137
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1900

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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 #70896530)

Price History

Date / Event Date Event Price
May 29, 2009 Sold
Premium
Sold
Apr 1, 2009 Listed $258,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,384
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,438
  • Total Building Area: 1,888
  • Gross Building Area: 3,871
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000308
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 14801
  • Parcel: METH M:00418 B:00164 L:00054
  • Block: 164
  • Lot: 54
  • Municipality: METHUEN
  • Latitude: 42.7035
  • Longitude: -71.2171

    Address

  • Full Address: 7 Lois St
  • Address - House Number: 7
  • Address - Street Name: Lois
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 2321
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $505,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 550,704
  • High Value: 637,690
  • Low Value: 463,718

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,600
  • Assessed Land Value: $176,300
  • Assessed Improvements Value: $255,300

    Sales

  • Current Sale Recording Date: May 29, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14760
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

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70896530

Frequently Asked Questions

When was property at 7 Lois Street built and last sold?
The property at 7 Lois Street was built in 1900 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 7 Lois Street is $261,381.
What are some comparable homes to 7 Lois Street?
There are currently no comparable homes to 7 Lois Street.
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