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Methuen Town 01844
109 Harris St
$530,000
● House - Off Market

109 Harris St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,595 Ft²
$525,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Newly renovated with an expansive kitchen design! The covered front porch welcomes you into this chic home with an open floorplan. The current owners have created a new and larger kitchen (2020) including a peninsula, quartz counters, pendant lighting, beverage fridge, stainless steel appliances and vinyl plank flooring throughout the main level. With additional recent updates from 2012 including new windows, siding, roof, doors and insulation, this home has many of the big ticket items checked off your list. You'll love the stone patio with hot tub, perfect for the upcoming chilly nights, and you'll fall in love with the quiet neighborhood and tranquil conservation land that abuts the property. The solar panels are paid off, so simply sit back and enjoy the credits on your National Grid bill throughout the year!
Unit Size
1,595 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$329
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1940

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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 #73159437)

Price History

Date / Event Date Event Price
Nov 29, 2023 Sold
Premium
Sold
Oct 10, 2023 In contract -
In contract
Sep 14, 2023 Listed by Compass $525,000
Listed by Compass
May 29, 2019 Sold
Premium
Sold
Apr 4, 2019 Listed by Compass $359,000
Listed by Compass
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 810
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,558
  • Gross Building Area: 2,476
  • Building Area: 1,558
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,558
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 252202

Zoning

  • Zoning: RR

Geography

  • Account Number: 2505
  • Parcel: METH M:00214 B:00128 L:00096
  • Block: 128
  • Lot: 96
  • Municipality: METHUEN
  • Latitude: 42.7295
  • Longitude: -71.2419

    Address

  • Full Address: 109 Harris St
  • Address - House Number: 109
  • Address - Street Name: Harris
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1009
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 540,433
  • High Value: 583,618
  • Low Value: 497,248

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,900
  • Assessed Land Value: $163,800
  • Assessed Improvements Value: $222,100

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19635
  • Previous Sale Recording Date: May 29, 2019
  • Previous Sale Contract Date: May 29, 2019
  • Previous Sale Amount: $359,000
  • 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

53

Average Home Size

2195 ft²

Average Home Age

58.9 years

Currently For Sale

70 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

Unit for rent at 58 Brady, Salem, 03079

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73159437

Frequently Asked Questions

When was property at 109 Harris Street built and last sold?
The property at 109 Harris Street was built in 1940 and last sold on Nov 28, 2023 for $530,000.
How much is this home worth?
The estimated value of the home located at 109 Harris Street is $529,915.
What are some comparable homes to 109 Harris Street?
There are currently no comparable homes to 109 Harris Street.
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