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Methuen Town 01844
16 Argilla Rd
Photo of 16 Argilla Rd
Sold on Jun 13, 2025

29

Map

Photo of 16 Argilla Rd
Photo of 16 Argilla Rd
$740,000
● House - Off Market

16 Argilla Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,753 Ft²
$4,351
Est. Monthly
3.48%
Cap Rate

About This Property

***Buyer Denied Financing***   Discover this stunning custom-built ranch in Home Stead Acres, offering 157 feet of frontage overlooking the 8th hole at Merrimack Valley Golf Club. This spacious home features an elevator to the unfinished walk-out basement, perfect for future expansion. Enjoy hardwood and tile floors, a huge all-glass sunroom, and a cherry kitchen with granite countertops and stainless steel appliances. Modern central air and heat ensure year-round comfort. Built for accessibility, it offers wide doorways, flat thresholds, and no stairs. The manicured ¾-acre lot is beautiful, and the home is close to highways, shopping, dining, and the sought-after CGS School. Ideal for a large family or spacious one-level living. Don't miss out-schedule a tour today!
Unit Size
2,753 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$280
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1978

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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: 2 years ago (MLSPIN #73338880)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
Apr 17, 2025 In contract -
In contract
Apr 10, 2025 Relisted $769,900
Relisted
Mar 25, 2025 In contract -
In contract
Mar 17, 2025 Price Decreased $769,900
↓ $30K (3.8%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 2,360
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,971
  • Total Building Area: 2,753
  • Gross Building Area: 5,471
  • Building Area: 2,753
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,753
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000711
  • 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: 252602

Zoning

  • Zoning: RB

Geography

  • Account Number: 9187
  • Parcel: METH M:00708 B:00069 L:00025
  • Block: 69
  • Lot: 25
  • Municipality: METHUEN
  • Latitude: 42.758
  • Longitude: -71.1751

    Address

  • Full Address: 16 Argilla Rd
  • Address - House Number: 16
  • Address - Street Name: Argilla
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1704
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $654,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 733,059
  • High Value: 848,849
  • Low Value: 617,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $559,200
  • Assessed Land Value: $227,400
  • Assessed Improvements Value: $331,800
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

2221 ft²

Average Home Age

56.1 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73338880

Frequently Asked Questions

When was property at 16 Argilla Road built and last sold?
The property at 16 Argilla Road was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Argilla Road is $0.
What are some comparable homes to 16 Argilla Road?
There are currently no comparable homes to 16 Argilla Road.
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