Investment Potential for 6 Loring Rd

The property has a current estimated value of $396,342, which is 24% below the zip median. Projected long-term rental income is $58,200 annually ($4,850 per month) with a 96% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$396K

($379K - $415K)

24% below zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 01844.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$58,200 per year($4,850 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

96%in 01844 zip code

View Rental Potential

Owners & Occupancy for 6 Loring Rd

This property is owned by Rita M Dinicola. Owner contact information includes 3 phone numbers and 2 email addresses.

Occupancy

*****

View Occupancy

Number of Owners

2

Number of Residents

4

Property Owners

Rita M Dinicola, age **

Residence	***********
Landline	(978) 689-9382
Distance from Property	**********
Email Address	*******@comcast.netView Email

Property Ownership Information

Property Tax Amount

$4,231 in 2024

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	*********** age 54
Resident 2	*************** age 66
Resident 3	***************** age 66
Resident 4	****************** age 43

Property Details for 6 Loring Rd

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

75 years

15 years older than zip median

Property Details

Property Sq Ft

Living Area

1,121 sq ft

38% below market

Lot Size

4,792 sq ft

62% below market

Price Per Sq Ft

Living Area

$354 / sq ft

20% above market

Lot Size Area

$83 / sq ft

95% above market

Property Information

Property condition, age, exterior, etc. for 6 Loring R…

Land & Location Information

Longitude: -71.139882 Latitude: 42.724675 Parcel Number (APN): METH-001014-000109-AR000001A…

Mortgage & Equity Information

Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details

Recommended Properties in 01844

Discover more single family homes near 6 Loring Rd in Methuen, Massachusetts. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Good value per sqft
$512K - $552K
Est. Value
9 Newbury Ave, Methuen, MA 01844
3 beds · 1 baths · 2,326 sq ft · Built: 1979
Owner Age 55 - 65
$645K - $696K
Est. Value
26 Lisa Ln, Methuen, MA 01844
4 beds · 3 baths · 2,122 sq ft · Last Sold: $140,000 in 1995 · Built: 1982
Owned for More Than 50 Years
$371K - $403K
Est. Value
3 Snow Ave, Methuen, MA 01844
3 beds · 1 baths · 977 sq ft · Built: 1930
Owner Age 45 - 55
$442K - $485K
Est. Value
9 Boylston St, Methuen, MA 01844
3 beds · 1 baths · 1,568 sq ft · Last Sold: $118,000 in 1987 · Built: 1900
Valued above Market Median
$705K - $770K
Est. Value
9 Crestshire Ln, Methuen, MA 01844
4 beds · 2 baths · 2,765 sq ft · Last Sold: $694,000 in 2024 · Built: 1975
High Demand Long-Term Rental
$442K - $485K
Est. Value
91 East St, Methuen, MA 01844
3 beds · 1 baths · 1,284 sq ft · Last Sold: $295,000 in 2017 · Built: 1950
Owned for 25 - 50 Years
$464K - $506K
Est. Value
24 Pinewood Rd, Methuen, MA 01844
4 beds · 1 baths · 2,264 sq ft · Built: 1949
High Demand Long-Term Rental
$424K - $461K
Est. Value
9 Sunset Ave, Methuen, MA 01844
3 beds · 1 baths · 1,747 sq ft · Last Sold: $268,000 in 2014 · Built: 1950
High Demand Long-Term Rental
$595K - $659K
Est. Value
5 Sunny Ave, Methuen, MA 01844
5 beds · 2 baths · 2,155 sq ft · Built: 1900
High Demand Long-Term Rental
$408K - $454K
Est. Value
910 Riverside Dr, Methuen, MA 01844
4 beds · 1 baths · 1,344 sq ft · Built: 1947
Large Lot Advantage
$539K - $593K
Est. Value
2 W Bedford St, Methuen, MA 01844
3 beds · 1 baths · 2,115 sq ft · Last Sold: $327,000 in 2015 · Built: 1970
Owned for 25 - 50 Years
$462K - $504K
Est. Value
11 Hudson St, Methuen, MA 01844
4 beds · 2 baths · 1,760 sq ft · Last Sold: $141,000 in 1989 · Built: 1930
Large Lot Advantage
$674K - $736K
Est. Value
6 Yvonne Ln, Methuen, MA 01844
4 beds · 2 baths · 2,544 sq ft · Last Sold: $425,000 in 2011 · Built: 1997
Owner Age 35 - 45
$511K - $559K
Est. Value
31 Oakmeadow Ln, Methuen, MA 01844
3 beds · 1 baths · 2,013 sq ft · Built: 1968
Owner Age 45 - 55
$497K - $551K
Est. Value
16 Bruce St, Methuen, MA 01844
3 beds · 1 baths · 1,401 sq ft · Built: 1940
Large Lot Advantage
$603K - $660K
Est. Value
32 Comet Rd, Methuen, MA 01844
4 beds · 2 baths · 2,805 sq ft · Last Sold: $384,241 in 2017 · Built: 1915
High Demand Long-Term Rental
$469K - $514K
Est. Value
45 Woodland St, Methuen, MA 01844
4 beds · 1 baths · 2,094 sq ft · Last Sold: $240,000 in 2015 · Built: 1910
Owner Age 55 - 65
$667K - $739K
Est. Value
3 Ricks Way, Methuen, MA 01844
4 beds · 2 baths · 3,552 sq ft · Last Sold: $850,000 in 2022 · Built: 2013
Owner Age 35 - 45
$651K - $699K
Est. Value
19 Spring Valley Rd, Methuen, MA 01844
4 beds · 2 baths · 2,364 sq ft · Last Sold: $429,900 in 2016 · Built: 1985
High Demand Long-Term Rental
$414K - $462K
Est. Value
40 Palermo St, Methuen, MA 01844
3 beds · 1 baths · 1,432 sq ft · Last Sold: $400,000 in 2024 · Built: 1940

Market Benchmarks

Compare data for 6 Loring Rd in Essex County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$396,342

$522,458

-$126,116 (-24%)

$544,154

-$147,812 (-27%)

$******

$********

$******* (****%)

$768,844

-$236,293 (-31%)

YoY Price Change

—

Year Built

1950

1965

-15 years

1962

-12 years

Living Space

1,121 sq ft

1,808 sq ft

-687 (-38%)

1,570 sq ft

-449 (-29%)

$ Per Living Sq Ft

$354

$294

$60 (20%)

$345

$8 (2%)

Lot Size

4,792 sq ft

12,632 sq ft

-7840 (-62%)

15,246 sq ft

-10454 (-69%)

$ Per Lot Sq Ft

$83

$43

$40 (95%)

$37

$46 (124%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$29,572

$13,694 (46%)

Annual Revenue

$58,200

$45,000

$13,200 (29%)

$44,400

$13,800 (31%)

$*****

$**** (****%)

$15,325

-$391 (-3%)

Net Operating Income

$*****

$***** (****%)

$29,572

$13,694 (46%)

Cap Rate

****%

—

5.38%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	1
Year Built	1950
Building Sq Ft	1,121 sq ft
Lot Size	0 Acres
Living Space	1,121 sq ft
Basement	1,121 sq ft
Heating / Fuel	Forced Hot Water
Roof Covering	Asphalt Shingle
Pool	Yes
Fireplace	Yes

Loan Amount	$******
Origination Date	July 09, 2020
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	*************
Equity	View Equity

Cell Phone	(978) *-**View Cell Phone
Residence	***********
Landline	(978) 689-3223
Distance from Property	**********
Email Address	**************@gmail.comView Email

APN	METH-001014-000109-AR000001A
Census Tract	2526013022
Municipality	Methuen
County	Essex
Zoning	RD
Neighborhood	01844
Longitude / Latitude	-71.139882 / 42.724675
Lot Size	4,792 sq ft

6 Loring Rd Methuen, MA 01844

property value

$396,342

market valuation

$522,458

market valuation

$522,186

investment intelligence

Investment Potential for 6 Loring Rd

property appreciation

property value

$396K

($379K - $415K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 6 Loring Rd

Occupancy

Number of Owners

2

Number of Residents

4

Property Owners

Rita M Dinicola, age **

Daniel D Dinicola, age **

Property Ownership Information

Occupancy

Property Details for 6 Loring Rd

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

75 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 01844

$512K - $552K

Est. Value

9 Newbury Ave, Methuen, MA 01844

3 beds · 1 baths · 2,326 sq ft · Built: 1979

$645K - $696K

Est. Value

26 Lisa Ln, Methuen, MA 01844

4 beds · 3 baths · 2,122 sq ft · Last Sold: $140,000 in 1995 · Built: 1982

$371K - $403K

Est. Value

3 Snow Ave, Methuen, MA 01844

3 beds · 1 baths · 977 sq ft · Built: 1930

$442K - $485K

Est. Value

9 Boylston St, Methuen, MA 01844

3 beds · 1 baths · 1,568 sq ft · Last Sold: $118,000 in 1987 · Built: 1900

$705K - $770K

Est. Value

9 Crestshire Ln, Methuen, MA 01844

4 beds · 2 baths · 2,765 sq ft · Last Sold: $694,000 in 2024 · Built: 1975

$442K - $485K

Est. Value

91 East St, Methuen, MA 01844

3 beds · 1 baths · 1,284 sq ft · Last Sold: $295,000 in 2017 · Built: 1950

$464K - $506K

Est. Value

24 Pinewood Rd, Methuen, MA 01844

4 beds · 1 baths · 2,264 sq ft · Built: 1949

$424K - $461K

Est. Value

9 Sunset Ave, Methuen, MA 01844

3 beds · 1 baths · 1,747 sq ft · Last Sold: $268,000 in 2014 · Built: 1950

$595K - $659K

Est. Value

5 Sunny Ave, Methuen, MA 01844

5 beds · 2 baths · 2,155 sq ft · Built: 1900