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Methuen Town 01844
1 Clayton Ave
$580,000
● House - Off Market

1 Clayton Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,488 Ft²
$571,818
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

OPEN HOUSE CANCELLED. Beautiful 3 bed, 2 bath Ranch with a finished basement is located at the end of a dead end road and close to 93. This home offers the privacy you've been looking for with a short drive to the highway! This meticulously maintained home has hardwood throughout the first floor in excellent condition. The eat-in kitchen features a breakfast bar with granite countertops and stainless steel appliances. Enjoy the quiet back yard in the summer, or stay warm in the winter next to the pellet stove in the family room. The large finished basement offers open space for entertaining, a home gym, or a great space for kids to play!  This home has everything you need - all you have to do is move in!
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$362
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1963

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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: 6 months ago (MLSPIN #73061094)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Premium
Sold
Dec 2, 2022 In contract -
In contract
Nov 28, 2022 Listed by Jill & Co. Realty Group $539,000
Listed by Jill & Co. Realty Group
Jun 1, 2018 Sold
Premium
Sold
May 3, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,200
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,272
  • Total Building Area: 2,208
  • Gross Building Area: 3,264
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • 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: 8424
  • Parcel: METH M:00416 B:00131 L:00108A
  • Block: 131
  • Lot: 108A
  • Municipality: METHUEN
  • Latitude: 42.713
  • Longitude: -71.2097

    Address

  • Full Address: 1 Clayton Ave
  • Address - House Number: 1
  • Address - Street Name: Clayton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 2709
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 563,642
  • High Value: 660,156
  • Low Value: 467,129

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,100
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $219,600

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29305
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Amount: $375,000
  • 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

54

Average Home Size

2162 ft²

Average Home Age

54.9 years

Currently For Sale

71 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: 6 months ago
Data Source: MLS PIN, MLS# 73061094

Frequently Asked Questions

When was property at 1 Clayton Avenue built and last sold?
The property at 1 Clayton Avenue was built in 1963 and last sold on Dec 30, 2022 for $580,000.
How much is this home worth?
The estimated value of the home located at 1 Clayton Avenue is $545,301.
What are some comparable homes to 1 Clayton Avenue?
There are currently no comparable homes to 1 Clayton Avenue.
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