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Methuen Town 01844
2 Hudson Street
$282,000
● House - Off Market

2 Hudson Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,560 Ft²
$407,925
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

GREAT OPPORTUNITY!  Solid 3 bedroom Bungalow with lots of potential!  Features include 28 x 11 fireplaced family room, 3 season porch, large dining room with built in shelves, first floor master bedroom leads to eat-in kitchen and large bathroom; two more bedrooms on 2nd floor. Other features include cedar closet, lots of storage, newer roof and heating system, 2 car garage and nice yard!  Hurry, this home won't last!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$176
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1930

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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: 5 months ago (MLSPIN #72467813)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Apr 30, 2019 Sold
Premium
Sold
Mar 20, 2019 Listed by RE/MAX Partners $274,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,716
  • Total Building Area: 1,560
  • Gross Building Area: 3,372
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000407
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 13855
  • Parcel: METH M:00616 B:00155 L:00020
  • Block: 155
  • Lot: 20
  • Municipality: METHUEN
  • Latitude: 42.7064
  • Longitude: -71.1934

    Address

  • Full Address: 2 Hudson St
  • Address - House Number: 2
  • Address - Street Name: Hudson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 4224
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 497,367
  • High Value: 587,783
  • Low Value: 406,952

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,200
  • Assessed Land Value: $186,500
  • Assessed Improvements Value: $177,700

    Sales

  • Current Sale Contract Date: Aug 28, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190830005070
  • Previous Sale Recording Date: Apr 30, 2019
  • Previous Sale Contract Date: Apr 11, 2019
  • Previous Sale Amount: $282,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2190 ft²

Average Home Age

60.7 years

Currently For Sale

75 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: 5 months ago
Data Source: MLS PIN, MLS# 72467813

Frequently Asked Questions

When was property at 2 Hudson Street built and last sold?
The property at 2 Hudson Street was built in 1930 and last sold on Aug 28, 2019 for $380,000.
How much is this home worth?
The estimated value of the home located at 2 Hudson Street is $290,880.
What are some comparable homes to 2 Hudson Street?
There are currently no comparable homes to 2 Hudson Street.
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