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Methuen Town 01844
18 Weisner Pkwy
$450,000
● House - Off Market

18 Weisner Pkwy

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Ft²
$2,497
Est. Monthly

About This Property

Welcome to the newly remodeled 18 Weisner Parkway. A wealth of desirable features includes recently updated electrical systems, a new 2-zone forced hot water gas heating system with tankless hot water, and all-new Frigidaire Gallery stainless steel appliances, including a gas range with air fry. With a sunroom filled with Pella windows, you can bask in natural light year-round. Newly finished hardwood floors in the living room and bedrooms add a touch of elegance, while the freshly painted interior provides a pristine canvas for your personal style. The unfinished basement features an additional washer and dryer, as well as a bar, offering endless possibilities for customization. Welcome to a home where every detail has been thoughtfully perfected. Your dream begins here.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$489
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #73178324)

Price History

Date / Event Date Event Price
Dec 20, 2023 Sold
Premium
Sold
Nov 16, 2023 In contract -
In contract
Nov 8, 2023 Listed by Team Zingales Realty, LLC $439,990
Listed by Team Zingales Realty, LLC
Nov 3, 2008 Sold
Premium
Sold
Sep 5, 2008 Listed by Team Zingales Realty, LLC $199,900
Listed by Team Zingales Realty, LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 900
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,796
  • Total Building Area: 900
  • Gross Building Area: 2,163
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: RD

Geography

  • Account Number: 4124
  • Parcel: METH M:01014 B:00104 L:00121B
  • Block: 104
  • Lot: 121B
  • Municipality: METHUEN
  • Latitude: 42.7253
  • Longitude: -71.1477

    Address

  • Full Address: 18 Weisner Pkwy
  • Address - House Number: 18
  • Address - Street Name: Weisner
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Methuen
  • Carrier Code: C023
  • 4-Digit Zip Code: 5938
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $403,400

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 454,605
  • High Value: 490,931
  • Low Value: 418,278

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,800
  • Assessed Land Value: $155,500
  • Assessed Improvements Value: $189,300

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20979
  • Previous Sale Recording Date: Nov 03, 2008
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: 27
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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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: 4 months ago
Data Source: MLS PIN, MLS# 73178324

Frequently Asked Questions

When was property at 18 Weisner Parkway built and last sold?
The property at 18 Weisner Parkway was built in 1955 and last sold on Dec 20, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 18 Weisner Parkway is $430,622.
What are some comparable homes to 18 Weisner Parkway?
There are currently no comparable homes to 18 Weisner Parkway.
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