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Methuen Town 01844
1 Sunset Ave.
$263,500
● House - Off Market

1 Sunset Ave.

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,960 Ft²
$496,809
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Attractive expanded Methuen Cape, located close to the Holy Family Hospital. This well-maintained, 3 bedroom, two bath home has hardwood floors throughout. The enormous (22'x16') living room has a charming fireplace & could actually be subdivided into two rooms. The second level has a unique design with potential to be reconfigured in include an additional room. The large lot is level for outside entertainment and the property has a detached garage with electric door opener. Ideally located near schools, shopping, and highway access.
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$143
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1900

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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 #71924167)

Price History

Date / Event Date Event Price
Jan 13, 2017 Sold
Premium
Sold
Oct 11, 2016 Listed by Realty ONE Group Nest $235,000
Listed by Realty ONE Group Nest
Large, level lot on a cul de sac in Groveland, located in a three lot subdivision.
Dec 21, 2015 Sold
Premium
Sold
Oct 26, 2015 Listed by Coldwell Banker Residential Brokerage - Andover $279,900
Listed by Coldwell Banker Residential Brokerage - Andover
Nov 3, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,156
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,627
  • Total Building Area: 1,960
  • Gross Building Area: 3,368
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000221
  • 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: 252501

Zoning

  • Zoning: RG

Geography

  • Account Number: 6506
  • Parcel: METH M:00816 B:00047 L:00004
  • Block: 47
  • Lot: 4
  • Municipality: METHUEN
  • Latitude: 42.7232
  • Longitude: -71.1659

    Address

  • Full Address: 1 Sunset Ave
  • Address - House Number: 1
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C045
  • 4-Digit Zip Code: 4933
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,700

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 533,498
  • High Value: 630,482
  • Low Value: 436,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,900
  • Assessed Land Value: $153,200
  • Assessed Improvements Value: $245,700

    Sales

  • Current Sale Recording Date: Dec 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33140
  • Previous Sale Recording Date: Nov 03, 1994
  • Previous Sale Amount: $28,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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# 71924167

Frequently Asked Questions

When was property at 1 Sunset Avenue built and last sold?
The property at 1 Sunset Avenue was built in 1900 and last sold on Jan 1, 1970 for $263,500.
How much is this home worth?
The estimated value of the home located at 1 Sunset Avenue is $241,795.
What are some comparable homes to 1 Sunset Avenue?
There are currently no comparable homes to 1 Sunset Avenue.
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