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Methuen Town 01844
2 Meetinghouse Road
$224,900
● House - Off Market

2 Meetinghouse Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,728 Ft²
$713,684
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

CHARMING DUTCH GAMBREL SET ON A PRIVATE WELL LANDSCAPED LOT. GREAT AND COMFY ROOMS, SPAC BEDROOMS. MASTER HAS WALK-IN CLOSET & PRIV BTH. MANY DESIRABLE FEAT. IN THIS LOVELY HOME, 1ST FL LAUNDRY/DECK OVERLOOKS THE BACKYARD AREA.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$130
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1988

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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 years ago (MLSPIN #30317660)

Price History

Date / Event Date Event Price
Jul 7, 1999 Sold
Premium
Sold
May 5, 1999 Listed $224,900
Listed
Oct 26, 1994 Sold
Premium
Sold
Mar 30, 1989 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 25,034
  • Total Building Area: 1,824
  • Gross Building Area: 3,302
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY VIEW
  • Land Acres: 0000000575
  • 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: 9380
  • Parcel: METH M:00416 B:00129B L:00018
  • Block: 129B
  • Lot: 18
  • Municipality: METHUEN
  • Latitude: 42.709
  • Longitude: -71.2208

    Address

  • Full Address: 2 Meetinghouse Rd
  • Address - House Number: 2
  • Address - Street Name: Meetinghouse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 2371
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $654,100

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 693,942
  • High Value: 806,033
  • Low Value: 581,851

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $559,100
  • Assessed Land Value: $212,600
  • Assessed Improvements Value: $346,500

    Sales

  • Current Sale Recording Date: Oct 26, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 30, 1989
  • Previous Sale Amount: $181,000
  • 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

2195 ft²

Average Home Age

58.9 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30317660

Frequently Asked Questions

When was property at 2 Meetinghouse Road built and last sold?
The property at 2 Meetinghouse Road was built in 1988 and last sold on Jan 1, 1970 for $162,000.
How much is this home worth?
The estimated value of the home located at 2 Meetinghouse Road is $0.
What are some comparable homes to 2 Meetinghouse Road?
There are currently no comparable homes to 2 Meetinghouse Road.
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