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Methuen Town 01844
141 Bay State Road
$229,000
● House - Off Market

141 Bay State Road

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,798 Ft²
$556,192
RealtyHop Estimate
131.84%
Since Feb 1, 2012
National-US
Primary Model

About This Property

GREAT HOME in lovely neighborhood setting. Spacious corner lot with mature landscaping, multi level back deck and crystal clear above ground pool.  Inside is a light and bright kitchen with plenty of cabinet space, tile flooring, breakfast bar and attached dining room.  Family room offers gleaming hardwood floors, wall AC unit and plenty of sunshine through the picture window. Three bedrooms upstairs with direct access to the bath from the master. LL with additional bedroom and living space!
Unit Size
1,798 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$133
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1985

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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: 6 months ago (MLSPIN #71264490)

Price History

Date / Event Date Event Price
Jan 31, 2012 Sold
Premium
Sold
Jul 21, 2011 Listed by Coco, Early & Associates $239,900
Listed by Coco, Early & Associates
Sep 25, 2000 Sold
Premium
Sold
May 18, 2000 Listed by Coco, Early & Associates $219,900
Listed by Coco, Early & Associates
Apr 25, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,100
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,010
  • Total Building Area: 1,798
  • Gross Building Area: 2,684
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MODERN REALTY TRUST
  • Land Acres: 0000000230
  • 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: 10775
  • Parcel: METH M:01113 B:0109AF L:00008
  • Block: 109AF
  • Lot: 8
  • Municipality: METHUEN
  • Latitude: 42.7254
  • Longitude: -71.1344

    Address

  • Full Address: 141 Bay State Rd
  • Address - House Number: 141
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 6057
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $483,600

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 560,905
  • High Value: 659,695
  • Low Value: 462,116

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,300
  • Assessed Land Value: $151,200
  • Assessed Improvements Value: $262,100

    Sales

  • Current Sale Recording Date: Sep 25, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 25, 1988
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: 27
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

53

Average Home Size

2230 ft²

Average Home Age

57.5 years

Currently For Sale

65 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: 6 months ago
Data Source: MLS PIN, MLS# 71264490

Frequently Asked Questions

When was property at 141 Bay State Road built and last sold?
The property at 141 Bay State Road was built in 1985 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 141 Bay State Road is $252,807.
What are some comparable homes to 141 Bay State Road?
There are currently no comparable homes to 141 Bay State Road.
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