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Methuen Town 01844
99 Lawrence
$250,000
● House - Off Market

99 Lawrence

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
982 Ft²
$384,978
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Great starter home or the perfect alternative to a condo or rental! Just under 1,000 sf of living space, hardwood flooring throughout, office and attached garage. Lots of updates throughout, including a new roof, central air condition system, central vacuum, security system, new stove and cooktop in kitchen, french drain and ejector pump  for driveway and garage, freshly painted porch with new floor and ceiling. Plenty of storage space in the attic and in the basement where you will find high ceilings with lots of potential for additional finished space. A charming well maintained home with room for improvements to make this home your own! Conveniently located near Route 28 and Route 93.
Unit Size
982 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$260
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #72416017)

Price History

Date / Event Date Event Price
Jun 10, 2021 Sold
Premium
Sold
May 8, 2021 No longer available -
No longer available
Apr 30, 2021 Listed by Garabedian Group, LLC $325,000
Listed by Garabedian Group, LLC
Feb 22, 2019 Sold
Premium
Sold
Oct 25, 2018 Listed by Garabedian Group, LLC $255,000
Listed by Garabedian Group, LLC

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 1
  • 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: 982
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,399
  • Total Building Area: 982
  • Gross Building Area: 2,159
  • Building Area: 982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 982
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUNE MASS
  • Land Acres: 0000000147
  • 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: 252400

Zoning

  • Zoning: RG

Geography

  • Account Number: 7706
  • Parcel: METH M:00714 B:00037 L:00001A
  • Block: 37
  • Lot: 1A
  • Municipality: METHUEN
  • Latitude: 42.724
  • Longitude: -71.1765

    Address

  • Full Address: 99 Lawrence St
  • Address - House Number: 99
  • Address - Street Name: Lawrence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C020
  • 4-Digit Zip Code: 4448
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,900

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 419,362
  • High Value: 497,977
  • Low Value: 340,746

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,300
  • Assessed Land Value: $152,700
  • Assessed Improvements Value: $174,600

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19197
  • Previous Sale Recording Date: Feb 22, 2019
  • Previous Sale Contract Date: Feb 21, 2019
  • Previous Sale Amount: $250,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

54.7 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: 5 months ago
Data Source: MLS PIN, MLS# 72416017

Frequently Asked Questions

When was property at 99 Lawrence Street built and last sold?
The property at 99 Lawrence Street was built in 1950 and last sold on Jun 10, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 99 Lawrence Street is $327,809.
What are some comparable homes to 99 Lawrence Street?
There are currently no comparable homes to 99 Lawrence Street.
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