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Methuen Town 01844
8 Alderbrook
Photo of 8 Alderbrook
Sold on Aug 2, 2011

1

Map

$335,000
● House - Off Market

8 Alderbrook

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$775,511
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

This fabulous  home, built in 1995, features 3 bedrooms and master suite with master bath, Jacuzzi and walk-in closet on the second floor. Fireplace, formal dining room, open concept eat kitchen/family room with sliders to a private 3 season screened in porch which overlooks a private back yard, a beautiful patio, an above ground pool. Other Amenities Include an office, Young roof, heating system, new windows, an attached 2 car garage.  Don't miss this one time opportunity!$1,000 SELLING BONUS
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$159
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1995

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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: 3 months ago (MLSPIN #71159665)

Price History

Date / Event Date Event Price
Jul 28, 2017 Sold
Premium
Sold
Jun 1, 2017 Listed by Profile Realty, Inc. $419,900
Listed by Profile Realty, Inc.
Nov 20, 2015 Sold
Premium
Sold
Oct 5, 2015 Listed by Profile Realty, Inc. $369,900
Listed by Profile Realty, Inc.
Aug 2, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,774
  • Total Building Area: 1,958
  • Gross Building Area: 3,832
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEWOOD ESTATES
  • Land Acres: 0000000270
  • 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: RD

Geography

  • Account Number: 5012
  • Parcel: METH M:00914 B:00100 L:00050C
  • Block: 100
  • Lot: 50C
  • Municipality: METHUEN
  • Latitude: 42.7289
  • Longitude: -71.1504

    Address

  • Full Address: 8 Alderbrook Ln
  • Address - House Number: 8
  • Address - Street Name: Alderbrook
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C026
  • 4-Digit Zip Code: 5402
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $595,100

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 636,980
  • High Value: 746,052
  • Low Value: 527,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $508,600
  • Assessed Land Value: $179,400
  • Assessed Improvements Value: $329,200

    Sales

  • Current Sale Recording Date: Jul 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19263
  • Previous Sale Recording Date: Nov 20, 2015
  • Previous Sale Amount: $364,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2203 ft²

Average Home Age

52.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71159665

Frequently Asked Questions

When was property at 8 Alderbrook Lane built and last sold?
The property at 8 Alderbrook Lane was built in 1995 and last sold on Jan 1, 1970 for $445,000.
How much is this home worth?
The estimated value of the home located at 8 Alderbrook Lane is $434,242.
What are some comparable homes to 8 Alderbrook Lane?
There are currently no comparable homes to 8 Alderbrook Lane.
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