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Methuen Town 01844
12 Glen Ave
$360,000
● House - Off Market

12 Glen Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,819 Ft²
$2,213
Est. Monthly

About This Property

Introducing 12 Glen Avenue, in the heart of Methuen, MA. This fixer-upper presents a fantastic opportunity for those seeking a project to transform into their future home or as an investment. Featuring 3 bedrooms, 1 bathrooms, and approximately 1819 square feet of space, along with a contemporary layout and curb appeal, a solid foundation exists for a variety of possibilities. Situated in a desirable neighborhood with access to a range of amenities, including shops, restaurants, parks, and schools, please schedule your showing today or in the meantime check out the attached virtual reality 3D tour.
Unit Size
1,819 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$206
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1930

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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 #73154759)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Nov 6, 2023 In contract -
In contract
Oct 19, 2023 Price Decreased $374,900
↓ $25K (6.3%)
Price Decreased
Sep 22, 2023 Price Increased $399,900
↑ $25K (6.7%)
Price Increased
Sep 1, 2023 Listed by Block Capital Realty LLC $374,900
Listed by Block Capital Realty LLC
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 15
  • Exterior Walls Type: 18
  • 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: 732
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,999
  • Total Building Area: 1,819
  • Gross Building Area: 2,920
  • Building Area: 1,819
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,819
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 692
  • Parcel: METH M:00618 B:00160 L:00004
  • Block: 160
  • Lot: 4
  • Municipality: METHUEN
  • Latitude: 42.7034
  • Longitude: -71.1948

    Address

  • Full Address: 12 Glen Ave
  • Address - House Number: 12
  • Address - Street Name: Glen
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4812
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 473,653
  • High Value: 558,789
  • Low Value: 388,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,900
  • Assessed Land Value: $170,400
  • Assessed Improvements Value: $210,500

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21320
  • Previous Sale Recording Date: Dec 22, 2023
  • Previous Sale Contract Date: Dec 08, 2023
  • Previous Sale Amount: $294,190
  • 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

2157 ft²

Average Home Age

54.7 years

Currently For Sale

73 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# 73154759

Frequently Asked Questions

When was property at 12 Glen Avenue built and last sold?
The property at 12 Glen Avenue was built in 1930 and last sold on Dec 14, 2023 for $360,000.
How much is this home worth?
The estimated value of the home located at 12 Glen Avenue is $380,328.
What are some comparable homes to 12 Glen Avenue?
There are currently no comparable homes to 12 Glen Avenue.
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