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Methuen Town 01844
198 Berkeley St
$245,000
● House - Off Market

198 Berkeley St

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$430,822
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

You'll love this oversized and charming, ranch style home with 1,248 sq ft of generous living space, comfortable living areas include a bright a spacious family room with desirable wood burning fireplace, an elegant dining room with full wall built-in and a recently remodeled kitchen with fabulous design and cabinetry.  There's additional expansion possibilities within the walk up attic and full basement. Situated in a friendly community and just thirty minutes from Boston.  Come see it at your first showing opportunity, Open House Sunday 12/6  1:00-3:00.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$196
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1950

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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 #71938093)

Price History

Date / Event Date Event Price
Feb 4, 2016 Sold
Premium
Sold
Dec 3, 2015 Listed by Keller Williams Realty $244,900
Listed by Keller Williams Realty
Aug 23, 2011 Sold
Premium
Sold
Apr 7, 2011 Listed by Keller Williams Realty $199,500
Listed by Keller Williams Realty
May 28, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 1,236
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,883
  • Total Building Area: 1,248
  • Gross Building Area: 3,820
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JAMES J SULLIVAN
  • Land Acres: 0000000112
  • 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: 14789
  • Parcel: METH M:00816 B:00045 L:00015
  • Block: 45
  • Lot: 15
  • Municipality: METHUEN
  • Latitude: 42.724
  • Longitude: -71.1659

    Address

  • Full Address: 198 Berkeley St
  • Address - House Number: 198
  • Address - Street Name: Berkeley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C045
  • 4-Digit Zip Code: 4946
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,600

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 472,146
  • High Value: 560,549
  • Low Value: 383,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,900
  • Assessed Land Value: $142,700
  • Assessed Improvements Value: $232,200

    Sales

  • Current Sale Recording Date: Feb 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2870
  • Previous Sale Recording Date: Aug 23, 2011
  • Previous Sale Amount: $190,000
  • 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

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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# 71938093

Frequently Asked Questions

When was property at 198 Berkeley Street built and last sold?
The property at 198 Berkeley Street was built in 1950 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 198 Berkeley Street is $256,128.
What are some comparable homes to 198 Berkeley Street?
There are currently no comparable homes to 198 Berkeley Street.
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