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Methuen Town 01844
1 Cedar Circle
$430,000
● House - Off Market

1 Cedar Circle

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,332 Ft²
$540,584
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Move right into this great 3 or 4 bedroom cape situated on private lot on hidden cul-de-sac.  First floor boasts large  living room  with loads of light open to great eat in kitchen as well as 2 good sized bedrooms and full bath. Let's not forget the great sun room with cathedral ceiling and skylights that leads to the deck overlooking private oasis with gorgeous landscaping.  2nd floor features 2 large bedrooms and 3/4 bath.  Gleaming hard wood floors, 2 car garage, central air on 1st floor and so much more won't last.  Close to highways and NH for tax free shopping
Unit Size
1,332 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$300
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1967

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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 #72700542)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Jul 29, 2020 Listed by Keller Williams Realty $399,900
Listed by Keller Williams Realty
Aug 2, 2013 Sold
Premium
Sold
Jun 17, 2013 Listed by Keller Williams Realty $267,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,821
  • Total Building Area: 1,332
  • Gross Building Area: 3,076
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000363
  • 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: 252201

Zoning

  • Zoning: RD

Geography

  • Account Number: 14543
  • Parcel: METH M:00514 B:00147 L:00045G
  • Block: 147
  • Lot: 45G
  • Municipality: METHUEN
  • Latitude: 42.7175
  • Longitude: -71.2008

    Address

  • Full Address: 1 Cedar Cir
  • Address - House Number: 1
  • Address - Street Name: Cedar
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 2833
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $501,200

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 521,026
  • High Value: 615,742
  • Low Value: 426,309

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,400
  • Assessed Land Value: $182,000
  • Assessed Improvements Value: $246,400

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24936
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Amount: $268,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72700542

Frequently Asked Questions

When was property at 1 Cedar Circle built and last sold?
The property at 1 Cedar Circle was built in 1967 and last sold on Sep 8, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 1 Cedar Circle is $404,839.
What are some comparable homes to 1 Cedar Circle?
There are currently no comparable homes to 1 Cedar Circle.
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