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Methuen Town 01844
13 Capitol St
$385,000
● House - Off Market

13 Capitol St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,511 Ft²
$584,401
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Welcome to this delightful and well maintained home offering 2 levels of finished living space and offering 3 bedrooms, an updated kitchen, stainless appliances, and hardwood floors. There is a massive family room over a very large 2 car garage. Plenty of parking. The side/back yard is very low maintenance, private and fenced in the rear for 4 legged friends. There is a built in shed/storage area to the right of the garage. The lower level offers a large room, currently used as a workout room, a bedroom and a 3/4 bath making it ideal for a teenager, au pair or in-law space. Close to Methuen Center and minutes to Salem NH for shopping, this one won't last long. Quick close possible.
Unit Size
2,511 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$159
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1970

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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 #72535782)

Price History

Date / Event Date Event Price
Oct 18, 2019 Sold
Premium
Sold
Jul 17, 2019 Listed by Keller Williams Realty $399,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,488
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 2,511
  • Gross Building Area: 4,243
  • Building Area: 2,511
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,511
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 252201

Zoning

  • Zoning: RG

Geography

  • Account Number: 4683
  • Parcel: METH M:00514 B:00147 L:0043AA
  • Block: 147
  • Lot: 43AA
  • Municipality: METHUEN
  • Latitude: 42.7163
  • Longitude: -71.199

    Address

  • Full Address: 13 Capitol St
  • Address - House Number: 13
  • Address - Street Name: Capitol
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 2830
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $499,700

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 565,109
  • High Value: 667,839
  • Low Value: 462,378

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,100
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $265,100

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25926
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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

56.4 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: 4 months ago
Data Source: MLS PIN, MLS# 72535782

Frequently Asked Questions

When was property at 13 Capitol Street built and last sold?
The property at 13 Capitol Street was built in 1970 and last sold on Oct 18, 2019 for $385,000.
How much is this home worth?
The estimated value of the home located at 13 Capitol Street is $425,480.
What are some comparable homes to 13 Capitol Street?
There are currently no comparable homes to 13 Capitol Street.
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