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Methuen Town 01844
2 Canobieola Road
Photo of 2 Canobieola Road
Sold on Jul 23, 2026

15

Map

Photo of 2 Canobieola Road
Photo of 2 Canobieola Road
$470,000
● House - Off Market

2 Canobieola Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$2,633
Est. Monthly

About This Property

Opportunity for sweat equity or investment! Unique flow & floor plan for an enlarged single level house with 2 living spaces on a flat corner lot with frontage along Canobieola Road, Tedesco Road, and Cross Street! Floor plans are included so you can begin to envision how you'd transform this space. House needs improvements but offers flexible space and .29 acre of flat land. 2 Canobieola is located in an established neighborhood with homes at all price points and quick access to Route 93 and minutes to everything Methuen and Southern New Hampshire have to offer!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$299
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1950

Payment Calculator

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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 #73518380)

Price History

Date / Event Date Event Price
Jul 23, 2026 Sold
Premium
Sold
May 21, 2026 In contract -
In contract
May 13, 2026 Listed by Classified Realty Group $449,000
Listed by Classified Realty Group
Sep 27, 2010 Sold
Premium
Sold
May 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,732
  • Total Building Area: 1,500
  • Gross Building Area: 3,332
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANOBIEOLA HEIGHTS
  • Land Acres: 0000000178
  • 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: 252202

Zoning

  • Zoning: RD

Geography

  • Account Number: 9157
  • Parcel: METH M:00410 B:00126B L:00012
  • Block: 126B
  • Lot: 12
  • Municipality: METHUEN
  • Latitude: 42.7389
  • Longitude: -71.2133

    Address

  • Full Address: 2 Canobieola Rd
  • Address - House Number: 2
  • Address - Street Name: Canobieola
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1607
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $473,600

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 553,435
  • High Value: 643,102
  • Low Value: 463,768

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,800
  • Assessed Land Value: $162,600
  • Assessed Improvements Value: $242,200

    Sales

  • Current Sale Recording Date: Sep 27, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 25263
  • Previous Sale Recording Date: May 30, 2003
  • Previous Sale Amount: $310,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2211 ft²

Average Home Age

57.2 years

Currently For Sale

70 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

Unit for rent at 14 Tiffany, Salem, 03079

$1,695 /mo

  • 1 Bed
  • 1 Bath
  • 777 ft²
14 Tiffany #2, Salem, 03079
Unit for rent at 11 Lancelot, Salem, 03079

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 676 ft²
11 Lancelot #7, Salem, 03079 Listing by Tina Lisa
Unit for rent at 9 Tiffany, Salem, 03079

$1,850 /mo

  • 1 Bed
  • 1 Bath
  • 780 ft²
9 Tiffany #1, Salem, 03079 Listing by Betsy Palardy

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73518380

Frequently Asked Questions

When was property at 2 Canobieola Road built and last sold?
The property at 2 Canobieola Road was built in 1950 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 2 Canobieola Road is $437,408.
What are some comparable homes to 2 Canobieola Road?
There are currently no comparable homes to 2 Canobieola Road.
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