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Methuen Town 01844
11 Monterey Drive
$261,900
● House - Off Market

11 Monterey Drive

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$652,422
RealtyHop Estimate
146.29%
Since Oct 1, 2002
National-US
Primary Model

About This Property

UPDATED RANCH ON QUIET SIDE ST,WITH 3 BDRMS,GLEAMING HDWD FLRS, FULLY APPL'D KITC, FR IN LL,FENCED IN YD,2 CAR GARAGE ADD'L FEATURES INCLD SPRINKLER SYS IN FRT YD, UPDATED ELEC, NEWER FURN REPLCMT WNDWS & MORE.SUBJ TO SLR FIND SUIT HOUSIN
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$255
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1966

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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 #30620139)

Price History

Date / Event Date Event Price
Oct 11, 2002 Sold
Premium
Sold
Jun 23, 2002 Listed by Coco, Early & Associates $264,900
Listed by Coco, Early & Associates
Jul 15, 1996 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 1,040
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,007
  • Total Building Area: 1,560
  • Gross Building Area: 2,080
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000299
  • 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: RD

Geography

  • Account Number: 3592
  • Parcel: METH M:00514 B:00147 L:00042Z
  • Block: 147
  • Lot: 42Z
  • Municipality: METHUEN
  • Latitude: 42.7174
  • Longitude: -71.2032

    Address

  • Full Address: 11 Monterey Dr
  • Address - House Number: 11
  • Address - Street Name: Monterey
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 2820
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 477,886
  • High Value: 553,370
  • Low Value: 402,402

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381,600
  • Assessed Land Value: $175,200
  • Assessed Improvements Value: $206,400

    Sales

  • Current Sale Recording Date: Oct 11, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 15, 1996
  • Previous Sale Amount: $123,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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# 30620139

Frequently Asked Questions

When was property at 11 Monterey Drive built and last sold?
The property at 11 Monterey Drive was built in 1966 and last sold on Jan 1, 1970 for $261,900.
How much is this home worth?
The estimated value of the home located at 11 Monterey Drive is $272,041.
What are some comparable homes to 11 Monterey Drive?
There are currently no comparable homes to 11 Monterey Drive.
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