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Methuen Town 01844
161 Maple St
$290,000
● House - Off Market

161 Maple St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,425 Ft²
$494,165
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Welcome home!  Situated on a nearly 1 acre wooded lot, this charming 3br, 1ba split with partially finished lower level and many recent updates including new roof and gutters, upgraded electric, new rear slider and fixtures is now available! Other notable features include central air, beamed ceilings, hardwood flooring throughout first floor, and plenty of storage space!  All appliances including the pellet stove are included in sale.  Home is less than 1/2 mi to the Salem, NH line and tax-free shopping!  Convenient to Rts 213/93/495/28.  Letter of full lead compliance is on file and is attached to listing documents.  For a full rundown of recent updates, see attached document.
Unit Size
1,425 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$210
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1966

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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: 4 months ago (MLSPIN #72109814)

Price History

Date / Event Date Event Price
Mar 28, 2017 Sold
Premium
Sold
Jan 18, 2017 Listed by Real Living Schruender Real Estate $299,900
Listed by Real Living Schruender Real Estate
Feb 19, 2015 Sold
Premium
Sold
Dec 3, 2014 Listed by Real Living Schruender Real Estate $229,900
Listed by Real Living Schruender Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 950
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,143
  • Total Building Area: 1,425
  • Gross Building Area: 2,160
  • Building Area: 1,425
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,425
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000899
  • 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: RR

Geography

  • Account Number: 9856
  • Parcel: METH M:00708 B:00070 L:00002B
  • Block: 70
  • Lot: 2B
  • Municipality: METHUEN
  • Latitude: 42.7655
  • Longitude: -71.1794

    Address

  • Full Address: 161 Maple St
  • Address - House Number: 161
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1224
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,500

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 530,383
  • High Value: 624,140
  • Low Value: 436,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416,700
  • Assessed Land Value: $214,200
  • Assessed Improvements Value: $202,500

    Sales

  • Current Sale Recording Date: Mar 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7626
  • Previous Sale Recording Date: Feb 19, 2015
  • Previous Sale Amount: $215,000
  • 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

$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

Unit for rent at 387 Main, Salem, 03079

$2,400 /mo

  • 1 Bed
  • 1,000 ft²
387 Main #1, Salem, 03079 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72109814

Frequently Asked Questions

When was property at 161 Maple Street built and last sold?
The property at 161 Maple Street was built in 1966 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 161 Maple Street is $308,549.
What are some comparable homes to 161 Maple Street?
There are currently no comparable homes to 161 Maple Street.
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