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Methuen Town 01844
12 Grandview Road
Photo of 12 Grandview Road
Sold on Apr 7, 2025

25

Map

Photo of 12 Grandview Road
Photo of 12 Grandview Road
$689,000
● House - Off Market

12 Grandview Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,332 Ft²
$3,962
Est. Monthly
3.87%
Cap Rate

About This Property

Charming 3-Bedroom Home on 2+ Acres in East Methuen! This lovely home is perfectly situated on two acres of land at the end of a cul-de-sac and offers privacy yet easy access to public amenities. This inviting 3-bedroom, 2.5-bath home features an open-concept eat-in kitchen with an island and an open-concept living room - ideal for entertaining. Upstairs, you'll find three spacious bedrooms with ample closet space, a full bath with a double vanity, the master suite with hardwood flooring, and a full bath, that includes a walk-in tiled shower with a Jacuzzi tub. The washer and dryer are also on the same level as the bedrooms. The lower level offers a fantastic space for entertaining, with a convenient half-bath nearby. The garage provides both interior and exterior access for ease and convenience.
Unit Size
2,332 Ft²
Days on Market
-
Land Size
2.42 acres
Price per sqft
$296
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1992

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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: 4 months ago (MLSPIN #73341230)

Price History

Date / Event Date Event Price
Apr 7, 2025 Sold
Premium
Sold
Mar 14, 2025 In contract -
In contract
Mar 12, 2025 Price Decreased $689,900
↓ $19K (2.7%)
Price Decreased
Mar 5, 2025 Listed $709,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,629
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 105,415
  • Total Building Area: 2,332
  • Gross Building Area: 3,887
  • Building Area: 2,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,332
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002420
  • 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: RR

Geography

  • Account Number: 4024
  • Parcel: METH M:01006 B:00078E L:00073G
  • Block: 78E
  • Lot: 73G
  • Municipality: METHUEN
  • Latitude: 42.767
  • Longitude: -71.1436

    Address

  • Full Address: 12 Grandview Rd
  • Address - House Number: 12
  • Address - Street Name: Grandview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: R001
  • 4-Digit Zip Code: 4147
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $653,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 717,108
  • High Value: 830,379
  • Low Value: 603,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $558,100
  • Assessed Land Value: $240,900
  • Assessed Improvements Value: $317,200
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

2235 ft²

Average Home Age

55.5 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: 4 months ago
Data Source: MLS PIN, MLS# 73341230

Frequently Asked Questions

When was property at 12 Grandview Road built and last sold?
The property at 12 Grandview Road was built in 1992 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12 Grandview Road is $0.
What are some comparable homes to 12 Grandview Road?
There are currently no comparable homes to 12 Grandview Road.
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