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Methuen Town 01844
98 Rolling Ridge Lane
$328,000
● House - Off Market

98 Rolling Ridge Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,198 Ft²
$763,466
RealtyHop Estimate
106.40%
Since Jun 1, 2004
National-US
Primary Model

About This Property

Great 3 BR raised ranch plus 1/2 finished basement.  Walk out basement to well groomed private yard with fruit trees and flower beds.  Ceramic tile and Newpro WIndows among the many higher-quality features.  Recently sided.  On quiet street in desireable neighborhood.  Make Offer!
Unit Size
2,198 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$168
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1983

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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: 4 months ago (MLSPIN #70018074)

Price History

Date / Event Date Event Price
May 28, 2004 Sold
Premium
Sold
Apr 11, 2004 Listed by Alison Dotters Real Estate $369,900
Listed by Alison Dotters Real Estate

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,080
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,507
  • Total Building Area: 1,874
  • Gross Building Area: 2,747
  • Building Area: 1,874
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,874
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 8389
  • Parcel: METH M:00808 B:00077 L:00068T
  • Block: 77
  • Lot: 68T
  • Municipality: METHUEN
  • Latitude: 42.7607
  • Longitude: -71.1658

    Address

  • Full Address: 98 Rolling Ridge Ln
  • Address - House Number: 98
  • Address - Street Name: Rolling Ridge
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: R004
  • 4-Digit Zip Code: 2633
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $570,700

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 614,004
  • High Value: 719,141
  • Low Value: 508,867

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,800
  • Assessed Land Value: $206,300
  • Assessed Improvements Value: $281,500

    Sales

  • Current Sale Recording Date: May 28, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 23762
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

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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: 4 months ago
Data Source: MLS PIN, MLS# 70018074

Frequently Asked Questions

When was property at 98 Rolling Ridge Lane built and last sold?
The property at 98 Rolling Ridge Lane was built in 1983 and last sold on Jan 1, 1970 for $328,000.
How much is this home worth?
The estimated value of the home located at 98 Rolling Ridge Lane is $388,949.
What are some comparable homes to 98 Rolling Ridge Lane?
There are currently no comparable homes to 98 Rolling Ridge Lane.
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