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Methuen Town 01844
11 Myrtle Street
$390,000
● House - Off Market

11 Myrtle Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,730 Ft²
$572,384
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Fabulous opportunity to live in West Methuen! Welcome home to this 3 bedroom split Entrance home. The home features generous sized bedrooms, open floor plan main living area featuring an eat-in kitchen, and a large living room with a fabulous picture window allowing lots of natural light. Enjoy sitting on the deck over looking the in ground pool and wooded back yard. There is hardwood flooring in most of the house & it  is hidden under the carpeting of the second bedroom. The lower level bedroom is very spacious and is perfect as a studio apt like living area.
Unit Size
1,730 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$234
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1963

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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 #72639412)

Price History

Date / Event Date Event Price
May 27, 2020 Sold
Premium
Sold
Mar 31, 2020 Listed by Coco, Early & Associates The Andovers $405,000
Listed by Coco, Early & Associates The Andovers

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,249
  • Total Building Area: 1,730
  • Gross Building Area: 2,344
  • Building Area: 1,730
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,730
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000924
  • 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: 252102

Zoning

  • Zoning: RR

Geography

  • Account Number: 8027
  • Parcel: METH M:00114 B:00129A L:00017C
  • Block: 129A
  • Lot: 17C
  • Municipality: METHUEN
  • Latitude: 42.7205
  • Longitude: -71.2469

    Address

  • Full Address: 11 Myrtle St
  • Address - House Number: 11
  • Address - Street Name: Myrtle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1307
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $542,600

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 573,519
  • High Value: 677,779
  • Low Value: 469,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $463,800
  • Assessed Land Value: $240,600
  • Assessed Improvements Value: $223,200

    Sales

  • Current Sale Contract Date: May 27, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12433
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72639412

Frequently Asked Questions

When was property at 11 Myrtle Street built and last sold?
The property at 11 Myrtle Street was built in 1963 and last sold on May 27, 2020 for $390,000.
How much is this home worth?
The estimated value of the home located at 11 Myrtle Street is $416,262.
What are some comparable homes to 11 Myrtle Street?
There are currently no comparable homes to 11 Myrtle Street.
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