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Methuen Town 01844
1 Shearson Dr
$425,000
● House - Off Market

1 Shearson Dr

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,446 Ft²
$772,502
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Don't miss the opportunity to live in this sought after Cul-De-Sac neighborhood in the CGS School district. Come and see this well maintained three bedroom home that offers an open-concept kitchen leading into the fireplaced family room with beautiful Cathedral ceilings. It has a bright living room, a formal dining, and a half bath and laundry room right off the kitchen. Enjoy your spacious deck overlooking your beautufully landscaped lot with granite stone retaining walls. Upstairs, you will find three great sized bedrooms, including a Master Suite with Bathroom and Walk-in Closet with custom shelving. The basement has the added potential to be finished for additional space with access to 2 stall garage. Convenient access to Rte 93, 213, 28 and tax-free Salem NH!
Unit Size
2,446 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$178
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1997

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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 #71865937)

Price History

Date / Event Date Event Price
Jul 31, 2015 Sold
Premium
Sold
Jun 29, 2015 Listed by LAER Realty Partners $435,000
Listed by LAER Realty Partners
Jun 28, 2000 Sold
Premium
Sold
Feb 28, 2000 Listed by LAER Realty Partners $310,500
Listed by LAER Realty Partners
Jan 9, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,420
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 2,446
  • Gross Building Area: 5,174
  • Building Area: 2,446
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,446
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE BRICKET HILL
  • Land Acres: 0000000918
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 6841
  • Parcel: METH M:00808 B:00075 L:00020C
  • Block: 75
  • Lot: 20C
  • Municipality: METHUEN
  • Latitude: 42.7634
  • Longitude: -71.1663

    Address

  • Full Address: 1 Shearson Dr
  • Address - House Number: 1
  • Address - Street Name: Shearson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R004
  • 4-Digit Zip Code: 2676
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $710,200

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 755,218
  • High Value: 884,536
  • Low Value: 625,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $607,000
  • Assessed Land Value: $230,000
  • Assessed Improvements Value: $377,000

    Sales

  • Current Sale Recording Date: Jul 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19184
  • Previous Sale Recording Date: Jun 28, 2000
  • Previous Sale Amount: $305,700
  • Previous Sale Document Type: 27
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

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71865937

Frequently Asked Questions

When was property at 1 Shearson Drive built and last sold?
The property at 1 Shearson Drive was built in 1997 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 1 Shearson Drive is $454,025.
What are some comparable homes to 1 Shearson Drive?
There are currently no comparable homes to 1 Shearson Drive.
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