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Methuen Town 01844
18 Russ Street
$196,300
● House - Off Market

18 Russ Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,749 Ft²
$436,460
RealtyHop Estimate
129.84%
Since Dec 1, 2011
National-US
Primary Model

About This Property

Storybook Cape being offered on quiet tree lined street..Open concept three bedroom cape style home with hardwood throughout.  Large fireplaced LR/FR open to formal DR and large EIK.  This home offers large private yard which you can enjoy from your covered porch.  One car garage with newer garage door.  Some replacement windows and great opportunity in lower level to finish.  Quaint, cute and loads of potential...
Unit Size
1,749 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$109
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1940

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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: 6 months ago (MLSPIN #71240390)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 5, 2021 Listed by RE/MAX Partners $449,900
Listed by RE/MAX Partners
Nov 18, 2011 Sold
Premium
Sold
May 31, 2011 Listed by RE/MAX Partners $189,900
Listed by RE/MAX Partners
Jan 2, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,183
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,039
  • Total Building Area: 2,045
  • Gross Building Area: 3,440
  • Building Area: 2,045
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,045
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR OAKS PARK
  • Land Acres: 0000000208
  • 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: 252501

Zoning

  • Zoning: RC

Geography

  • Account Number: 11738
  • Parcel: METH M:00914 B:00098 L:00093
  • Block: 98
  • Lot: 93
  • Municipality: METHUEN
  • Latitude: 42.7255
  • Longitude: -71.153

    Address

  • Full Address: 18 Russ St
  • Address - House Number: 18
  • Address - Street Name: Russ
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C023
  • 4-Digit Zip Code: 5952
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,800

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 574,003
  • High Value: 708,590
  • Low Value: 439,417

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,700
  • Assessed Land Value: $165,700
  • Assessed Improvements Value: $229,000

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29218
  • Previous Sale Recording Date: Nov 18, 2011
  • Previous Sale Amount: $196,300
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

2129 ft²

Average Home Age

55.9 years

Currently For Sale

71 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: 6 months ago
Data Source: MLS PIN, MLS# 71240390

Frequently Asked Questions

When was property at 18 Russ Street built and last sold?
The property at 18 Russ Street was built in 1940 and last sold on Aug 31, 2021 for $490,000.
How much is this home worth?
The estimated value of the home located at 18 Russ Street is $456,239.
What are some comparable homes to 18 Russ Street?
There are currently no comparable homes to 18 Russ Street.
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