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Methuen Town 01844
17 Winthrop Ave
$506,000
● House - Off Market

17 Winthrop Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,762 Ft²
$463,481
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Beautifully maintained,  Colonial home with an extended floor plan. Early American feel as you enjoy the hardwood floors, the built-ins, natural woodwork, lovely wood burning fireplace in elegant living room and don't miss the home office as well! This home as been lovingly cared for, maintenance free siding, nice yard, and garage. Don't miss out on this incredible opportunity, in a much sought-after neighborhood. All offers due by Tuesday, 3/22 at 5 p.m
Unit Size
1,762 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$261
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1920

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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 #72953817)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by Coco, Early & Associates $459,900
Listed by Coco, Early & Associates

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,142
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,762
  • Gross Building Area: 3,020
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 6066
  • Parcel: METH M:00614 B:00147 L:00025
  • Block: 147
  • Lot: 25
  • Municipality: METHUEN
  • Latitude: 42.7178
  • Longitude: -71.1981

    Address

  • Full Address: 17 Winthrop Ave
  • Address - House Number: 17
  • Address - Street Name: Winthrop
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 2842
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $476,100

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 555,429
  • High Value: 678,032
  • Low Value: 432,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,900
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $250,900

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12641
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:

$599,500

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2233 ft²

Average Home Age

56 years

Currently For Sale

75 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# 72953817

Frequently Asked Questions

When was property at 17 Winthrop Avenue built and last sold?
The property at 17 Winthrop Avenue was built in 1920 and last sold on May 27, 2022 for $506,000.
How much is this home worth?
The estimated value of the home located at 17 Winthrop Avenue is $475,063.
What are some comparable homes to 17 Winthrop Avenue?
There are currently no comparable homes to 17 Winthrop Avenue.
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