$160,000
●
Condo -
Off Market
18 Constitution Way #E
Methuen, MA 01844
2 Beds
1 Bath
822 Ft²
$156,028
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Most affordable home in town! Welcome to this spacious 2 bedroom
condo conveniently located in the center of the town. Surrounded by
many restaurants and shops. Plenty sunlight and very comfort
living. Just give some TLC and make this your first sweet home or
start collect the rent as your retirement income.
Unit Size
822 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
Condo
Property Taxes
$168
HOA Dues
$251
Year Built
-
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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 years ago (MLSPIN #72852416)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | In contract | - | |
| In contract | |||
| May 24, 2023 | Listed by Century 21 North East | $285,000 | |
| Listed by Century 21 North East | |||
| | |||
|
**Open House Cancelled**Welcome to 18 Constitution Way! This condo is in moving-ready condition and is located in a quiet location surrounded by many restaurants and shops. Whether you want to make it your first home or generate rental income for retirement, this condo offers flexibility and potential. It can be a wise investment or a great starter home. It features two spacious bedrooms with closets and one full bath with a brand-new sink—the renovated kitchen with new white cabinets, granite countertops, and stainless steel appliances. The spacious living room with plenty of sunlight and crown molding provides a comfortable and inviting space for relaxation and hosting guests. The fact that the condo is freshly painted and in a ready-to-move-in condition is a great advantage. It eliminates immediate renovations or repairs, allowing you to settle in quickly and effortlessly. The convenient access to Interstate 495 (I-495) and New Hampshire (NH) makes commuting and traveling easier.
| |||
| Mar 22, 2023 | Sold | ||
| Sold | |||
| Dec 31, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Utility Connections for Electric Range
Flooring Type: Vinyl, Carpet
Laundry Features: In Building
Rooms: 4
Basement: N
Exterior Details
Entry Level: 3
Security Features: Security Gate
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: MB
Parcel Number: M:01111 B:00108A L:00020E, 2050143
Water Source: Public
Financial Details
Tax Assessed Value: $152,600
Tax Annual Amount: $2,013
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $251
Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Public School
Pets Allowed: Yes
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/16/2025
|
2 Bed
|
1 Bath
|
798 ft²
|
$309,900
2 Bed
1 Bath
798 ft²
|
-
-
|
Fermin Group
Century 21 North East
| |
|
04/16/2024
|
1 Bed
|
1 Bath
|
698 ft²
|
$249,000
1 Bed
1 Bath
698 ft²
|
$249,000
06/27/2024
|
James Watt
Amaral & Associates RE
| |
|
05/24/2023
|
2 Bed
|
1 Bath
|
822 ft²
|
$285,000
2 Bed
1 Bath
822 ft²
|
$290,000
+1.75%
06/14/2023
|
Fermin Group
Century 21 North East
| |
|
10/28/2022
|
1 Bed
|
1 Bath
|
698 ft²
|
$220,000
1 Bed
1 Bath
698 ft²
|
$230,000
+4.55%
11/30/2022
|
Kevin Rich
eXp Realty
| |
|
06/06/2022
|
2 Bed
|
1 Bath
|
798 ft²
|
$260,000
2 Bed
1 Bath
798 ft²
|
$265,000
+1.92%
09/08/2022
|
Lisa Corr
Coldwell Banker Realty - Haverhill
| |
|
06/18/2021
|
2 Bed
|
1 Bath
|
822 ft²
|
$135,000
2 Bed
1 Bath
822 ft²
|
$160,000
+18.52%
07/21/2021
|
Yuki Wang
Compass
| |
|
05/04/2020
|
2 Bed
|
-
|
798 ft²
|
$150,000
2 Bed
-
798 ft²
|
$140,000
-6.67%
06/17/2020
|
Judy Sarafian
Coco, Early & Associates
| |
|
07/15/2019
|
2 Bed
|
1 Bath
|
822 ft²
|
$159,000
2 Bed
1 Bath
822 ft²
|
$164,000
+3.14%
08/30/2019
|
Madison Pyburn
BHHS Verani Realty Methuen
| |
|
09/16/2011
|
2 Bed
|
1 Bath
|
822 ft²
|
$89,900
2 Bed
1 Bath
822 ft²
|
$89,900
11/01/2011
|
Mark Dickinson
RE/MAX On The River, Inc.
| |
|
05/26/2004
|
1 Bed
|
1 Bath
|
698 ft²
|
$116,900
1 Bed
1 Bath
698 ft²
|
$113,900
-2.57%
08/27/2004
|
Amsi Morales Lopez
RE/MAX Prestige
| |
|
04/20/2000
|
1 Bed
|
1 Bath
|
584 ft²
|
$63,000
1 Bed
1 Bath
584 ft²
|
$61,000
-3.17%
07/27/2000
|
Paul Guselli
The Guselli Agency, Inc.
| |
|
04/01/1999
|
2 Bed
|
1 Bath
|
880 ft²
|
$64,900
2 Bed
1 Bath
880 ft²
|
$64,900
06/01/1999
|
Linda Early
Coco, Early & Associates
| |
|
03/26/1997
|
2 Bed
|
1 Bath
|
794 ft²
|
$46,900
2 Bed
1 Bath
794 ft²
|
$46,000
-1.92%
05/19/1997
|
Jean Giguere
Coco, Early & Associates
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017