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Methuen Town 01844
160 Edgewood Ave
$335,000
● House - Off Market

160 Edgewood Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,251 Ft²
$483,094
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Totally remodeled! Newer roof,new heating system, siding,  hot water heater, landscape, walkways, walls and patios. This home features hardwood floors throughout, eat in kitchen with affixed island that can be removed, pantry, dining room, living room and a 4 season porch. Walk into your  private, serene backyard which is a nature lover's dream. Well manicured backyard with two tiered landscaping and patio. Enjoy the extended living space on your patios. Fabulous space for entertaining on those summer days/evenings!  Off street parking. Convenient to major highways, oceans and mountains.
Unit Size
1,251 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$263
Property Type
House
Property Taxes
$318
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: 6 months ago (MLSPIN #72538004)

Price History

Date / Event Date Event Price
Sep 20, 2019 Sold
Premium
Sold
Jul 22, 2019 Listed by Connie Doto Realty Group $329,615
Listed by Connie Doto Realty Group
Sep 27, 2001 Sold
Premium
Sold
Feb 20, 2001 Listed by Connie Doto Realty Group $149,900
Listed by Connie Doto Realty Group

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 675
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,397
  • Gross Building Area: 2,293
  • Building Area: 1,397
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,397
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 4317
  • Parcel: METH M:00514 B:00140 L:00041
  • Block: 140
  • Lot: 41
  • Municipality: METHUEN
  • Latitude: 42.7202
  • Longitude: -71.2039

    Address

  • Full Address: 160 Edgewood Ave
  • Address - House Number: 160
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2431
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,600

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 498,861
  • High Value: 592,379
  • Low Value: 405,342

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,600
  • Assessed Land Value: $182,400
  • Assessed Improvements Value: $223,200

    Sales

  • Current Sale Contract Date: Aug 23, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23048
  • Previous Sale Recording Date: Sep 27, 2001
  • Previous Sale Amount: $128,900
  • 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

2214 ft²

Average Home Age

58.1 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# 72538004

Frequently Asked Questions

When was property at 160 Edgewood Avenue built and last sold?
The property at 160 Edgewood Avenue was built in 1915 and last sold on Aug 23, 2019 for $335,000.
How much is this home worth?
The estimated value of the home located at 160 Edgewood Avenue is $330,127.
What are some comparable homes to 160 Edgewood Avenue?
There are currently no comparable homes to 160 Edgewood Avenue.
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