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Methuen Town 01844
108 Renfrew Street
$239,000
● House - Off Market

108 Renfrew Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,619 Ft²
$415,990
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

APPROVED SHORT SALE SUBJECT TO 3RD PARTY APPROVAL OF BUYER.  Smart buyers take note of this spacious home with recent improvements making this an attractive purchase. Newly remodeled play room in LL, new kitchen floor and stair runner.  Roof (2006), Remodeled baths (2007), 19 new Hrvey Low E windows, exterior and interior paint furnace (2010).  Winter Water damage in LL required insurance company to redo LL playroom, fix dormer ceiling in Master Bedroom, replace bulk head door etc.  Conditional pass on Septic. Repair needed (buyer's responsibility), replace D box and elevate waste pipe that has settled cost (approximate $4000).
Unit Size
1,619 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$148
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1985

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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: 5 months ago (MLSPIN #71856307)

Price History

Date / Event Date Event Price
Mar 30, 2016 Sold
Premium
Sold
Jun 11, 2015 Listed by William Raveis R.E. & Home Services $239,000
Listed by William Raveis R.E. & Home Services
Apr 28, 1999 Sold
Premium
Sold
Dec 12, 1998 Listed $169,500
Listed
METICULOUS SPLIT GAMBREL WITH HUGE NASTER BEDROOM CATHERDRAL CEILING, SKYLIGHT. OUTSTANDING CONDITION AND TASTEFULLY DECORATED. 2 FULL BATHS, UNDERGROUND SPRINKLER SYSTEM AND PRIVATE LOCATION.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 2,190
  • Gross Building Area: 2,733
  • Building Area: 2,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,190
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 252602

Zoning

  • Zoning: RB

Geography

  • Account Number: 14200
  • Parcel: METH M:01107 B:00078D L:00028
  • Block: 78D
  • Lot: 28
  • Municipality: METHUEN
  • Latitude: 42.7566
  • Longitude: -71.1362

    Address

  • Full Address: 108 Renfrew St
  • Address - House Number: 108
  • Address - Street Name: Renfrew
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R001
  • 4-Digit Zip Code: 4711
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,300

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 516,319
  • High Value: 607,590
  • Low Value: 425,048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419,100
  • Assessed Land Value: $151,800
  • Assessed Improvements Value: $267,300

    Sales

  • Current Sale Recording Date: Jan 25, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1814
  • Previous Sale Recording Date: Mar 30, 2016
  • Previous Sale Amount: $239,000
  • 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

52

Average Home Size

2190 ft²

Average Home Age

54.1 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71856307

Frequently Asked Questions

When was property at 108 Renfrew Street built and last sold?
The property at 108 Renfrew Street was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 108 Renfrew Street is $255,824.
What are some comparable homes to 108 Renfrew Street?
There are currently no comparable homes to 108 Renfrew Street.
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