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Methuen Town 01844
19 Redgate Drive
$172,900
● House - Off Market

19 Redgate Drive

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,468 Ft²
$541,753
RealtyHop Estimate
213.33%
Since Nov 1, 1999
National-US
Primary Model

About This Property

WELL MAINTAINED L SHAPED RANCH SITUATED ON A LEVEL LOT ABUTTING CONSERVATION LAND.  KITCHEN LEADS TO 19X20 FAMILY ROOM W/SKYLIGHT, TONGUE GROVE CEILING + SLIDERS TO PATIO. NEW CARPETING + VINYL FLOORING THROUGHOUT.
Unit Size
1,468 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$118
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1972

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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 years ago (MLSPIN #30354674)

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold
Premium
Sold
Oct 29, 1999 Sold
Premium
Sold
Sep 14, 1999 Listed by Century 21 McLennan & Company $172,900
Listed by Century 21 McLennan & Company
Jan 22, 1987 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 1,448
  • Gross Building Area: 2,886
  • Building Area: 1,448
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,448
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONEGAL ROAD
  • Land Acres: 0000000248
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 11666
  • Parcel: METH M:00814 B:00080 L:00032H
  • Block: 80
  • Lot: 32H
  • Municipality: METHUEN
  • Latitude: 42.7358
  • Longitude: -71.1587

    Address

  • Full Address: 19 Redgate Dr
  • Address - House Number: 19
  • Address - Street Name: Redgate
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 4638
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 493,447
  • High Value: 571,389
  • Low Value: 415,505

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,100
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $209,100

    Sales

  • Current Sale Contract Date: Dec 18, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42149
  • Previous Sale Recording Date: Oct 29, 1999
  • Previous Sale Amount: $172,900
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

54.7 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 years ago
Data Source: MLS PIN, MLS# 30354674

Frequently Asked Questions

When was property at 19 Redgate Drive built and last sold?
The property at 19 Redgate Drive was built in 1972 and last sold on Dec 18, 2021 for $75,000.
How much is this home worth?
The estimated value of the home located at 19 Redgate Drive is $190,470.
What are some comparable homes to 19 Redgate Drive?
There are currently no comparable homes to 19 Redgate Drive.
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