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Methuen Town 01844
1 Firenze St.
$570,000
● House - Off Market

1 Firenze St.

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,343 Ft²
$570,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome to your new home! Don't hesitate to explore this charming, impeccably cared-for 3-bedroom colonial, conveniently situated just minutes from Rt.213 and Rt.495. Step onto the inviting front porch as it leads you into the open foyer, which transitions into the living room featuring a cozy fireplace. Delight in the kitchen, complete with ample cabinetry, and the adjacent dining area, perfect for hosting your gatherings. Unwind on the wraparound deck, offering a view of the well-maintained, fenced-in yard. Explore this finished basement, showcasing a versatile open area that combines an office space, family room, and a dedicated children's play zone.
Unit Size
2,343 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$243
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
2008

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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 #73164154)

Price History

Date / Event Date Event Price
Nov 17, 2023 Sold
Premium
Sold
Oct 9, 2023 In contract -
In contract
Sep 27, 2023 Listed by Century 21 North East $570,000
Listed by Century 21 North East
Oct 12, 2018 Sold
Premium
Sold
Aug 17, 2018 Listed by Century 21 North East $359,900
Listed by Century 21 North East
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 771
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,399
  • Total Building Area: 1,572
  • Gross Building Area: 3,347
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 14041
  • Parcel: METH M:01109 B:00078E L:00027
  • Block: 78E
  • Lot: 27
  • Municipality: METHUEN
  • Latitude: 42.7464
  • Longitude: -71.1303

    Address

  • Full Address: 1 Firenze St
  • Address - House Number: 1
  • Address - Street Name: Firenze
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C031
  • 4-Digit Zip Code: 5818
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $510,700

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 578,330
  • High Value: 624,544
  • Low Value: 532,117

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,500
  • Assessed Land Value: $152,700
  • Assessed Improvements Value: $283,800

    Sales

  • Current Sale Contract Date: Nov 12, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129342
  • Previous Sale Recording Date: Oct 12, 2018
  • Previous Sale Amount: $359,900
  • Previous Sale Document Type: 54
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

55.2 years

Currently For Sale

74 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# 73164154

Frequently Asked Questions

When was property at 1 Firenze Street built and last sold?
The property at 1 Firenze Street was built in 2008 and last sold on Nov 12, 2023 for $570,000.
How much is this home worth?
The estimated value of the home located at 1 Firenze Street is $581,560.
What are some comparable homes to 1 Firenze Street?
There are currently no comparable homes to 1 Firenze Street.
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