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Methuen Town 01844
11 Byron Avenue
$425,000
● House - Off Market

11 Byron Avenue

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,025 Ft²
$407,343
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this adorable ranch home. This 2 bedroom, 1 bath ranch has hardwood floors throughout with a vintage bathroom.  The kitchen is open to a large dining room.  The two bedrooms are quite spacious and have good sized closets.  The living room is large and has an entry from both the kitchen and dining room.  There is a walk up attic that lends itself to plenty of storage. The basement is wide open and hosts the washer and dryer. You will enjoy a one car garage with direct entry into the mudroom/breezeway.  The lot is lovely with a large yard both front and back.  Make your appointment today!  Open house Wednesday from 4-6 PM.
Unit Size
1,025 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$400
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1953

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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: 4 months ago (MLSPIN #73133908)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Jul 14, 2023 In contract -
In contract
Jul 10, 2023 Listed by Keller Williams Gateway Realty $409,900
Listed by Keller Williams Gateway Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,025
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,251
  • Total Building Area: 1,025
  • Gross Building Area: 2,498
  • Building Area: 1,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,025
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 10654
  • Parcel: METH M:00618 B:00159B L:00062
  • Block: 159B
  • Lot: 62
  • Municipality: METHUEN
  • Latitude: 42.6996
  • Longitude: -71.1895

    Address

  • Full Address: 11 Byron Ave
  • Address - House Number: 11
  • Address - Street Name: Byron
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4862
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,500

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 426,104
  • High Value: 507,540
  • Low Value: 344,668

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,600
  • Assessed Land Value: $154,200
  • Assessed Improvements Value: $186,400

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15292
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

52

Average Home Size

2235 ft²

Average Home Age

55.5 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73133908

Frequently Asked Questions

When was property at 11 Byron Avenue built and last sold?
The property at 11 Byron Avenue was built in 1953 and last sold on Sep 15, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 11 Byron Avenue is $413,710.
What are some comparable homes to 11 Byron Avenue?
There are currently no comparable homes to 11 Byron Avenue.
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