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Methuen Town 01844
182 Bay State Road
$600,000
● House - Off Market

182 Bay State Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,687 Ft²
$561,517
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Offers due August 8th by 7 pm.   Presenting 182 Bay State Road!  Sellers have recently updated the roof, furnace.  Vacation where you live as you enjoy your inground pool, fenced yard and koi pond.  Upstairs hosts a kitchen that opens up to the dining space and living room to make entertaining easy.  Three bedrooms and full bath complete the main level.  Venture downstairs to find a finished lower level complete with 3/4 updated bath.  Central, two car garage and large corner lot are only some of the wonderful features this home has to offer.  Welcome home!
Unit Size
1,687 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$320
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1983

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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: 4 months ago (MLSPIN #73021370)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Aug 4, 2022 Listed by Berkshire Hathaway HomeServices Verani Realty $539,900
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,100
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,321
  • Total Building Area: 1,687
  • Gross Building Area: 2,493
  • Building Area: 1,687
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,687
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 2939
  • Parcel: METH M:01113 B:0109AC L:00012
  • Block: 109AC
  • Lot: 12
  • Municipality: METHUEN
  • Latitude: 42.725
  • Longitude: -71.1325

    Address

  • Full Address: 182 Bay State Rd
  • Address - House Number: 182
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 6059
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $509,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 571,042
  • High Value: 674,850
  • Low Value: 467,233

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,100
  • Assessed Land Value: $154,100
  • Assessed Improvements Value: $281,000

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21875
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73021370

Frequently Asked Questions

When was property at 182 Bay State Road built and last sold?
The property at 182 Bay State Road was built in 1983 and last sold on Sep 16, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 182 Bay State Road is $551,403.
What are some comparable homes to 182 Bay State Road?
There are currently no comparable homes to 182 Bay State Road.
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