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Methuen Town 01844
15 Edgewood Ter
$428,000
● House - Off Market

15 Edgewood Ter

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,562 Ft²
$586,516
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Welcome Home! This beautiful 4 bedroom 3 bathroom home is TURN KEY...First floor master bedroom with hardwood floors, walk in closet, and en suite master bath. Hardwood floors throughout open concept kitchen/dining that flows into the spacious living room with beamed cathedral ceilings. Outside you will find a perfect sized yard for entertaining with plenty of off street parking for guests. Showings begin immediately, DON'T WAIT! Take advantage of near all time low interest rates while you can! Subject to seller's securing suitable housing.
Unit Size
2,562 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$162
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1915

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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 months ago (MLSPIN #72635029)

Price History

Date / Event Date Event Price
May 8, 2020 Sold
Premium
Sold
Mar 18, 2020 Listed by Keller Williams Coastal Realty $415,000
Listed by Keller Williams Coastal Realty
Jan 6, 2014 Sold
Premium
Sold
Jul 9, 2013 Listed by Keller Williams Coastal Realty $309,900
Listed by Keller Williams Coastal Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,386
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,562
  • Gross Building Area: 3,752
  • Building Area: 2,562
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,562
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 252201

Zoning

  • Zoning: RG

Geography

  • Account Number: 7230
  • Parcel: METH M:00514 B:00140 L:00032
  • Block: 140
  • Lot: 32
  • Municipality: METHUEN
  • Latitude: 42.7202
  • Longitude: -71.2008

    Address

  • Full Address: 15 Edgewood Ter
  • Address - House Number: 15
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2403
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $559,400

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 594,410
  • High Value: 702,467
  • Low Value: 486,353

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $478,100
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $310,100

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10812
  • Previous Sale Recording Date: Jan 06, 2014
  • Previous Sale Amount: $300,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2206 ft²

Average Home Age

55.2 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: 5 months ago
Data Source: MLS PIN, MLS# 72635029

Frequently Asked Questions

When was property at 15 Edgewood Terrace built and last sold?
The property at 15 Edgewood Terrace was built in 1915 and last sold on Apr 29, 2020 for $428,000.
How much is this home worth?
The estimated value of the home located at 15 Edgewood Terrace is $434,356.
What are some comparable homes to 15 Edgewood Terrace?
There are currently no comparable homes to 15 Edgewood Terrace.
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