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Methuen Town 01844
120 Bay State Rd
$280,000
● House - Off Market

120 Bay State Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,045 Ft²
$496,753
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Great split-entry home on a corner lot in a quiet neighborhood. Large living room with hardwood floors has huge window to let the light in. Slider from kitchen leads to deck and backyard. Hardwood floors in all three bedrooms. Finished lower level is home to generously sized family room, laundry room and ¾ bath. Don't wait, schedule your showing today!
Unit Size
2,045 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$137
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #71877228)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Oct 7, 2021 Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate $485,000
Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate
Sep 30, 2015 Sold
Premium
Sold
Jul 22, 2015 Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate $279,900
Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate
Nov 23, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 2,045
  • Gross Building Area: 2,614
  • Building Area: 2,045
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,045
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 305
  • Parcel: METH M:01113 B:0109AB L:00001B
  • Block: 109AB
  • Lot: 1B
  • Municipality: METHUEN
  • Latitude: 42.7259
  • Longitude: -71.1346

    Address

  • Full Address: 120 Bay State Rd
  • Address - House Number: 120
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 6008
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $502,200

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 565,451
  • High Value: 662,275
  • Low Value: 468,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $429,200
  • Assessed Land Value: $146,900
  • Assessed Improvements Value: $282,300

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38187
  • Previous Sale Recording Date: Sep 30, 2015
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: O
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

53

Average Home Size

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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# 71877228

Frequently Asked Questions

When was property at 120 Bay State Road built and last sold?
The property at 120 Bay State Road was built in 1988 and last sold on Nov 19, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 120 Bay State Road is $492,837.
What are some comparable homes to 120 Bay State Road?
There are currently no comparable homes to 120 Bay State Road.
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