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Methuen Town 01844
2 Chalet Dr
$380,000
● House - Off Market

2 Chalet Dr

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,275 Ft²
$511,740
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

This property is priced to sell!  Large Ranch style home offering 3 bedrooms, 1 1/2 baths, and lots of amenities - finished lower level, enclosed sun room, rear deck, patio, fenced yard, inground pool, central air conditioning, attached garage, large lot offering usable yard areas, irrigation, backup generator, detached storage shed with electricity - come take a look. Smart buyers will bring decorating ideas to add personal touches for instant equity in this sought after location.  First showings will be at the open house Sunday - 3/15 From 12-2 PM and commuter open house Monday - 3/16 from  5-6 PM
Unit Size
2,275 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$158
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1970

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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 #72630530)

Price History

Date / Event Date Event Price
Apr 27, 2020 Sold
Premium
Sold
Mar 9, 2020 Listed by Reliance Realty $359,900
Listed by Reliance Realty
Dec 30, 2015 Sold
Premium
Sold
Sep 9, 2015 Listed by Reliance Realty $369,900
Listed by Reliance Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,300
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 23,988
  • Total Building Area: 2,275
  • Gross Building Area: 3,660
  • Building Area: 2,275
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,275
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000551
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 2884
  • Parcel: METH M:00416 B:00154 L:00008A
  • Block: 154
  • Lot: 8A
  • Municipality: METHUEN
  • Latitude: 42.7106
  • Longitude: -71.2127

    Address

  • Full Address: 2 Chalet Dr
  • Address - House Number: 2
  • Address - Street Name: Chalet
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 2302
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $604,000

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 605,549
  • High Value: 715,631
  • Low Value: 495,467

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $516,200
  • Assessed Land Value: $201,600
  • Assessed Improvements Value: $314,600

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9604
  • Previous Sale Recording Date: Dec 30, 2015
  • Previous Sale Amount: $367,900
  • Previous Sale Document Type: O
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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

56.4 years

Currently For Sale

74 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# 72630530

Frequently Asked Questions

When was property at 2 Chalet Drive built and last sold?
The property at 2 Chalet Drive was built in 1970 and last sold on Apr 23, 2020 for $380,000.
How much is this home worth?
The estimated value of the home located at 2 Chalet Drive is $385,824.
What are some comparable homes to 2 Chalet Drive?
There are currently no comparable homes to 2 Chalet Drive.
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