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Methuen Town 01844
11 Edgewood Ter
$230,000
● House - Off Market

11 Edgewood Ter

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,507 Ft²
$363,365
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Nestled on a quiet side street at end of a shared driveway. Endless possibilities as the property sit on a private.34-acre lot. Opportunity is here and now to make this 1500 sq. ft Colonial shine with your custom make-over. Fireplaced family room, dining room, office space, large kitchen, plus 4 bedrooms. Laundry area and mud room on first floor. Vinyl siding, rear and side yard for family summer entertainment. Easy access to major highways, shopping, and the Loop. This is a Fannie Mae HomePath property.
Unit Size
1,507 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$159
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1915

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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 #72357028)

Price History

Date / Event Date Event Price
Oct 31, 2018 Sold
Premium
Sold
Oct 4, 2018 No longer available -
No longer available
Sep 15, 2018 Price Decreased $239,900
↓ $15K (5.9%)
Price Decreased
Sep 8, 2018 Price Decreased $254,900
↓ $10K (3.8%)
Price Decreased
Aug 13, 2018 Price Decreased $264,900
↓ $15K (5.4%)
Price Decreased
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 676
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,507
  • Gross Building Area: 2,682
  • Building Area: 1,507
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,507
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 252201

Zoning

  • Zoning: RG

Geography

  • Account Number: 2651
  • Parcel: METH M:00514 B:00140 L:00034
  • Block: 140
  • Lot: 34
  • Municipality: METHUEN
  • Latitude: 42.7201
  • Longitude: -71.2011

    Address

  • Full Address: 11 Edgewood Ter
  • Address - House Number: 11
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2403
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $444,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 474,445
  • High Value: 549,386
  • Low Value: 399,504

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,900
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $217,900

    Sales

  • Current Sale Recording Date: Oct 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26695
  • Previous Sale Recording Date: Oct 26, 1998
  • Previous Sale Amount: $107,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

55.2 years

Currently For Sale

74 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# 72357028

Frequently Asked Questions

When was property at 11 Edgewood Terrace built and last sold?
The property at 11 Edgewood Terrace was built in 1915 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 11 Edgewood Terrace is $249,672.
What are some comparable homes to 11 Edgewood Terrace?
There are currently no comparable homes to 11 Edgewood Terrace.
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