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Methuen Town 01844
8 Cochrane Circle
Photo of 8 Cochrane Circle
Sold on Jun 30, 2010

1

Map

$279,900
● House - Off Market

8 Cochrane Circle

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,630 Ft²
$589,256
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

Charming brick front ranch located in desirable neighborhood close to highways and shopping.  Features spacious fireplaced living room, 3 bedrooms, 2 full baths, partially finished lower level.  2 car garage, newer roof and heating system.  Situated on a level lot.
Unit Size
1,630 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$172
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1970

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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: 2 years ago (MLSPIN #71076642)

Price History

Date / Event Date Event Price
Jun 30, 2010 Sold
Premium
Sold
May 6, 2010 Listed $279,900
Listed
Oct 27, 2000 Sold
Premium
Sold
Sep 6, 2000 Listed $214,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,502
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,449
  • Total Building Area: 1,630
  • Gross Building Area: 3,615
  • Building Area: 1,630
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,630
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COCHRANE PARK
  • Land Acres: 0000000286
  • 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: 11975
  • Parcel: METH M:00712 B:00059 L:00039A
  • Block: 59
  • Lot: 39A
  • Municipality: METHUEN
  • Latitude: 42.7336
  • Longitude: -71.1825

    Address

  • Full Address: 8 Cochrane Cir
  • Address - House Number: 8
  • Address - Street Name: Cochrane
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C018
  • 4-Digit Zip Code: 3112
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $502,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 547,089
  • High Value: 633,504
  • Low Value: 460,674

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $429,100
  • Assessed Land Value: $173,900
  • Assessed Improvements Value: $255,200

    Sales

  • Current Sale Recording Date: Jun 30, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16494
  • Previous Sale Recording Date: Oct 27, 2000
  • Previous Sale Amount: $209,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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: 2 years ago
Data Source: MLS PIN, MLS# 71076642

Frequently Asked Questions

When was property at 8 Cochrane Circle built and last sold?
The property at 8 Cochrane Circle was built in 1970 and last sold on Jan 1, 1970 for $279,900.
How much is this home worth?
The estimated value of the home located at 8 Cochrane Circle is $294,520.
What are some comparable homes to 8 Cochrane Circle?
There are currently no comparable homes to 8 Cochrane Circle.
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