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Methuen Town 01844
10 Schley St.
$500,000
● House - Off Market

10 Schley St.

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,373 Ft²
$453,503
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This expansive Ranch has so much potential! Great starter home with lots of space, one level living siituated on a good size fenced in lot makes it the perfect family home. Features include an open floor plan, hardwood floors throughout, fireplaced living room, good size kitchen, dining room, mudroom or den, 3 good size bedrooms, 1 1/2 baths, central air,  finished lower level for additional space, 2 car garage, fenced in yard with back patio for barbecues and close to highways... With your special touches you can make this massive home into a gem.
Unit Size
2,373 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$190
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1960

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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 #72958461)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Mar 28, 2022 Listed by RE/MAX Insight $450,000
Listed by RE/MAX Insight
Aug 7, 2018 Sold
Premium
Sold
May 16, 2018 Listed by RE/MAX Insight $329,000
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 1,582
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,600
  • Total Building Area: 2,373
  • Gross Building Area: 4,092
  • Building Area: 2,373
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,373
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000266
  • 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: 780
  • Parcel: METH M:01014 B:0109AN L:00048
  • Block: 109AN
  • Lot: 48
  • Municipality: METHUEN
  • Latitude: 42.7231
  • Longitude: -71.1399

    Address

  • Full Address: 10 Schley St
  • Address - House Number: 10
  • Address - Street Name: Schley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 7723
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 545,708
  • High Value: 644,911
  • Low Value: 446,504

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,400
  • Assessed Land Value: $154,700
  • Assessed Improvements Value: $243,700

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12827
  • Previous Sale Recording Date: Aug 07, 2018
  • Previous Sale Amount: $345,000
  • 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

54.7 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72958461

Frequently Asked Questions

When was property at 10 Schley Street built and last sold?
The property at 10 Schley Street was built in 1960 and last sold on May 31, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 10 Schley Street is $468,923.
What are some comparable homes to 10 Schley Street?
There are currently no comparable homes to 10 Schley Street.
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