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Methuen Town 01844
11 Marvin
$275,000
● House - Off Market

11 Marvin

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,026 Ft²
$410,106
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Nestled on a wooded street this home is adorable and affordable. Perfect for the first time home buyer!! Curb appeal abounds with a beautiful screened-in porch attached to the front of the home to enjoy your morning coffee in... One level living, this home features a spacious eat-in kitchen with newer appliances and cabinets...Washer and dryer are located off the kitchen for easy access. Two bedrooms, living room and den(which could be used as a 3rd bedroom)  Recent improvements include windows, heating system, roof, and flooring. You will enjoy the peace and tranquility of the back yard on a hot summer night with your own fire pit, and surrounded by woods. Great alternative to condo living. Close proximity to highway for the commuters .
Unit Size
1,026 Ft²
Days on Market
-
Land Size
-
Price per sqft
$273
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1920

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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 #72532072)

Price History

Date / Event Date Event Price
Oct 9, 2019 Sold
Premium
Sold
Jul 10, 2019 Listed by RE/MAX Insight $280,000
Listed by RE/MAX Insight
Dec 31, 2010 Sold
Premium
Sold
Aug 6, 2010 Listed by Century 21 McLennan & Company $94,500
Listed by Century 21 McLennan & Company
Lender owned ranch on quiet dead end street. Sold "As Is". Needs some repairs.
Feb 26, 2009 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 527
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,637
  • Total Building Area: 896
  • Gross Building Area: 2,221
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 896
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNBERRY PARK
  • Land Acres: 0000000244
  • 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: 8825
  • Parcel: METH M:01109 B:00078D L:00013
  • Block: 78D
  • Lot: 13
  • Municipality: METHUEN
  • Latitude: 42.7557
  • Longitude: -71.1333

    Address

  • Full Address: 11 Marvin St
  • Address - House Number: 11
  • Address - Street Name: Marvin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R001
  • 4-Digit Zip Code: 4703
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $355,100

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 402,401
  • High Value: 473,535
  • Low Value: 331,268

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,500
  • Assessed Land Value: $162,500
  • Assessed Improvements Value: $141,000

    Sales

  • Current Sale Contract Date: Oct 09, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25015
  • Previous Sale Recording Date: Feb 26, 2009
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: 34
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

2184 ft²

Average Home Age

60.6 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# 72532072

Frequently Asked Questions

When was property at 11 Marvin Street built and last sold?
The property at 11 Marvin Street was built in 1920 and last sold on Oct 9, 2019 for $275,000.
How much is this home worth?
The estimated value of the home located at 11 Marvin Street is $287,428.
What are some comparable homes to 11 Marvin Street?
There are currently no comparable homes to 11 Marvin Street.
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