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Methuen Town 01844
2 Currier Ave
$530,000
● House - Off Market

2 Currier Ave

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,949 Ft²
$2,957
Est. Monthly

About This Property

This is the one! Location with a flexible floor plan! This open concept contemporary style ranch features a potential in-law suite or the perfect work from home space on the first floor w/bath. Located one street over from the desirable CGS! Large open concept kitchen/dining area, 4 bedrooms, 2 baths, hardwood floors, and lower-level family room. New heating system, New Electrical Panel and a young roof. This home offers easy access to Rt. 213 and convenient to tax free Salem NH. Level lot with nice size outdoor space/deck and short distance to Merrimack Valley Golf Club.
Unit Size
1,949 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$269
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #73278156)

Price History

Date / Event Date Event Price
Sep 20, 2024 Sold
Premium
Sold
Sep 4, 2024 In contract -
In contract
Aug 30, 2024 Relisted $524,700
Relisted
Aug 30, 2024 Price Increased $524,800
↑ $100 (0%)
Price Increased
Aug 27, 2024 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,022
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,024
  • Total Building Area: 1,949
  • Gross Building Area: 3,246
  • Building Area: 1,949
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,949
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 2161
  • Parcel: METH M:00810 B:00068B L:00034
  • Block: 68B
  • Lot: 34
  • Municipality: METHUEN
  • Latitude: 42.7473
  • Longitude: -71.1725

    Address

  • Full Address: 2 Currier Ave
  • Address - House Number: 2
  • Address - Street Name: Currier
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C038
  • 4-Digit Zip Code: 2521
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $429,900

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 481,619
  • High Value: 569,122
  • Low Value: 394,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,400
  • Assessed Land Value: $151,900
  • Assessed Improvements Value: $215,500
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

52

Average Home Size

2207 ft²

Average Home Age

53.9 years

Currently For Sale

77 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73278156

Frequently Asked Questions

When was property at 2 Currier Avenue built and last sold?
The property at 2 Currier Avenue was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Currier Avenue is $534,244.
What are some comparable homes to 2 Currier Avenue?
There are currently no comparable homes to 2 Currier Avenue.
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