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Methuen Town 01844
174 Edgewood Ave
$434,000
● House - Off Market

174 Edgewood Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,029 Ft²
$644,306
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

8-year young Colonial on quiet dead-end street offering over 2,000 sqft of open concept living space.  Home has 6 rooms, 3 bedrooms, 2.5 baths, and the doors are either hardwood or tile. Kitchen has stainless steel appliances and granite counters along with island.  Large Living Room has gas fireplace with blower and lots of windows.  Master Bedroom has vaulted ceilings, ceiling fan, huge walk-in closet and tiled bath.  Two other generous Bedrooms, central air, 2-car garage, and walk-up attic for future expansion or just for great storage.
Unit Size
2,029 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$217
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
2011

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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 #72545519)

Price History

Date / Event Date Event Price
Oct 30, 2019 Sold
Premium
Sold
Aug 6, 2019 Listed by RE/MAX Main St. Associates $439,900
Listed by RE/MAX Main St. Associates
Aug 27, 2012 Sold
Premium
Sold
Dec 9, 2011 Listed by RE/MAX Main St. Associates $319,000
Listed by RE/MAX Main St. Associates
Apr 29, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 964
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,052
  • Total Building Area: 2,468
  • Gross Building Area: 3,986
  • Building Area: 2,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,468
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MJC DEV CORP
  • Land Acres: 0000000369
  • 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: 14553
  • Parcel: METH M:00514 B:00140 L:00044
  • Block: 140
  • Lot: 44
  • Municipality: METHUEN
  • Latitude: 42.7202
  • Longitude: -71.2048

    Address

  • Full Address: 174 Edgewood Ave
  • Address - House Number: 174
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2461
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $610,600

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 637,044
  • High Value: 740,257
  • Low Value: 533,831

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $521,900
  • Assessed Land Value: $164,300
  • Assessed Improvements Value: $357,600

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Oct 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27075
  • Previous Sale Recording Date: Aug 27, 2012
  • Previous Sale Amount: $312,500
  • 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

53

Average Home Size

2190 ft²

Average Home Age

60.7 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72545519

Frequently Asked Questions

When was property at 174 Edgewood Avenue built and last sold?
The property at 174 Edgewood Avenue was built in 2011 and last sold on Oct 30, 2019 for $434,000.
How much is this home worth?
The estimated value of the home located at 174 Edgewood Avenue is $452,174.
What are some comparable homes to 174 Edgewood Avenue?
There are currently no comparable homes to 174 Edgewood Avenue.
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