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Methuen Town 01844
74 Lowell St
$493,000
● House - Off Market

74 Lowell St

Methuen, MA 01844
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,781 Ft²
$566,210
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

New to Market , Completely  remodeled Colonial offering ; New electricity, New plumbing , New Flooring , New Kitchen , New Bathrooms. This Gem offers 5 bedrooms 2 full bath and an elegant fireplace. The enclosed porch brings you to an open concept  living room with newly refaced fireplace & master bedroom with a walking closet the Newly remodeled kitchen offers a peninsula with quartz countertop self closing cabinets and much more. 2nd floor offers a wood floors with a full bathroom. Basement is completely remodeled with a 2 bedrooms and the newly installed laundry room. The walkout brings you to the good size back yard and parking for 4 vehicle. Come to our open House this coming Saturday from 12:00 pm to 2:00 Pm . Please adhere to the Covid 19 rules utilize mask at all time. No showing prior to the Open House.
Unit Size
1,781 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$275
Property Type
House
Property Taxes
$344
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 years ago (MLSPIN #72833449)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
May 18, 2021 Listed by Realty ONE Group Nest $489,900
Listed by Realty ONE Group Nest
Oct 21, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,102
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,781
  • Gross Building Area: 3,830
  • Building Area: 1,781
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,781
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000126
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 12020
  • Parcel: METH M:00614 B:00137 L:00010
  • Block: 137
  • Lot: 10
  • Municipality: METHUEN
  • Latitude: 42.7232
  • Longitude: -71.1933

    Address

  • Full Address: 74 Lowell St
  • Address - House Number: 74
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C027
  • 4-Digit Zip Code: 3672
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $538,000

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 586,625
  • High Value: 693,266
  • Low Value: 479,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,800
  • Assessed Land Value: $144,100
  • Assessed Improvements Value: $315,700

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125284
  • Previous Sale Recording Date: Oct 21, 2020
  • Previous Sale Contract Date: Oct 08, 2020
  • Previous Sale Amount: $298,000
  • Previous Sale Document Type: O
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

52

Average Home Size

2150 ft²

Average Home Age

54.9 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72833449

Frequently Asked Questions

When was property at 74 Lowell Street built and last sold?
The property at 74 Lowell Street was built in 1900 and last sold on Jul 9, 2021 for $493,000.
How much is this home worth?
The estimated value of the home located at 74 Lowell Street is $0.
What are some comparable homes to 74 Lowell Street?
There are currently no comparable homes to 74 Lowell Street.
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