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Methuen Town 01844
15 Arcadia St
$460,000
● House - Off Market

15 Arcadia St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,900 Ft²
$658,348
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

OFFER ACCEPTED! OPEN HOUSES ON 7/20 AND 7/21 ARE CANCELLED!       CHARMING COLONIAL | Lovingly maintained single family home with attached two car garage. Built in 2001, the main living level has hardwood floors throughout, an open kitchen with breakfast nook, dining room and living room with fireplace. Other features include central air conditioning, a finished basement and bonus den/office space. Upstairs are three spacious bedrooms and two full bathrooms. The back deck, perfect for entertaining, opens up to a large fenced in yard complete with sprinkler system. Storage is plentiful, plus room for more in the unfinished attic. Located moments to shopping and entertainment at The LOOP and convenient to I-93 and I-495, this property offers commuters easy access to Boston.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$155
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
2001

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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 years ago (MLSPIN #72534587)

Price History

Date / Event Date Event Price
Aug 14, 2019 Sold
Premium
Sold
Jul 15, 2019 Listed by Realty ONE Group Nest $449,000
Listed by Realty ONE Group Nest

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,435
  • Total Building Area: 1,964
  • Gross Building Area: 4,584
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • 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: 16447
  • Parcel: METH M:01111 B:00108 L:00367A
  • Block: 108
  • Lot: 367A
  • Municipality: METHUEN
  • Latitude: 42.742
  • Longitude: -71.1329

    Address

  • Full Address: 15 Arcadia St
  • Address - House Number: 15
  • Address - Street Name: Arcadia
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C031
  • 4-Digit Zip Code: 6507
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,800

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 621,416
  • High Value: 730,862
  • Low Value: 511,969

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,300
  • Assessed Land Value: $152,800
  • Assessed Improvements Value: $332,500

    Sales

  • Current Sale Contract Date: Aug 12, 2019
  • Current Sale Recording Date: Aug 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19309
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

$328

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2194 ft²

Average Home Age

55.5 years

Currently For Sale

71 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72534587

Frequently Asked Questions

When was property at 15 Arcadia Street built and last sold?
The property at 15 Arcadia Street was built in 2001 and last sold on Aug 12, 2019 for $460,000.
How much is this home worth?
The estimated value of the home located at 15 Arcadia Street is $0.
What are some comparable homes to 15 Arcadia Street?
There are currently no comparable homes to 15 Arcadia Street.
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