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Middlesex
1116 Methuen St
$408,000
● House - Off Market

1116 Methuen St

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,000 Ft²
$780,485
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

A beautiful open concept move in ready home. Many recent renovations and updates make this perfect for the growing family. Four bedrooms, two full baths, large eat in kitchen with island bar, large open concept family room with cathedral ceiling, dining room, balcony office area, extra large basement, two car garage plus three additional spaces and a custom Gunite in ground pool all on a large 1.5 acre country lot. Approximately 3000 square feet of living space with a contemporary tri level design. This is a must see best value in a very desirable area!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$140
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1987

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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 #71671224)

Price History

Date / Event Date Event Price
Jun 18, 2014 Sold
Premium
Sold
Apr 28, 2014 Listed by Alliance Realty NE, LLC $419,900
Listed by Alliance Realty NE, LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 1,872
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 67,082
  • Total Building Area: 2,756
  • Gross Building Area: 6,040
  • Building Area: 2,756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,756
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001540
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dracut School District
  • School Tax School District: DRACUT SD
  • Census Tract: 314301

Zoning

  • Zoning: R1

Geography

  • Account Number: 397528
  • District: 79
  • Parcel: DRAC M:54 L:222
  • Lot: 222
  • Municipality: DRACUT
  • Latitude: 42.6675
  • Longitude: -71.2602

    Address

  • Full Address: 1116 Methuen St
  • Address - House Number: 1116
  • Address - Street Name: Methuen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C004
  • 4-Digit Zip Code: 5303
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $678,900

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 743,970
  • High Value: 863,833
  • Low Value: 624,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $649,700
  • Assessed Land Value: $225,200
  • Assessed Improvements Value: $424,500

    Sales

  • Current Sale Recording Date: Jun 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22394
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 Middlesex

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2709 ft²

Average Home Age

65.2 years

Currently For Sale

3095 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# 71671224

Frequently Asked Questions

When was property at 1116 Methuen Street built and last sold?
The property at 1116 Methuen Street was built in 1987 and last sold on Jan 1, 1970 for $408,000.
How much is this home worth?
The estimated value of the home located at 1116 Methuen Street is $468,399.
What are some comparable homes to 1116 Methuen Street?
There are currently no comparable homes to 1116 Methuen Street.
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