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Methuen Town 01844
2 Perkins Rd.
$299,900
● House - Off Market

2 Perkins Rd.

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,620 Ft²
$454,598
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

NEW PRICE! This sun filled 3 bedroom home is a perfect gem of a cape on a child-safe dead-end street and it has been completely re-done in the past few years. New custom designer kitchen with granite counters and gourmet SS appliances. New bathrooms. Stone/Tile Floors. Harvey thermopane Windows. Sunny Deck. Mud Room. Wood floors. Recent Burnham boiler and new state of the art double-wall oil tank. Partially finished walk-out lower level with a family room (or office) done with quality and style. Adequate storage areas in basement as well. Washer & Dryer stay. Stone Patio w Fire Pit. And the fenced in yard is perfect for the kids and the pets. Close access to Rte 495. A showplace of a home.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$185
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1940

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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 #72283645)

Price History

Date / Event Date Event Price
Jun 22, 2018 Sold
Premium
Sold
Feb 20, 2018 Listed by JB Associates Realty $299,900
Listed by JB Associates Realty
Apr 29, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 12
  • 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: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,757
  • Total Building Area: 1,388
  • Gross Building Area: 2,453
  • Building Area: 1,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,388
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000109
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 3802
  • Parcel: METH M:01014 B:0109AS L:00004
  • Block: 109AS
  • Lot: 4
  • Municipality: METHUEN
  • Latitude: 42.724
  • Longitude: -71.1401

    Address

  • Full Address: 2 Perkins St
  • Address - House Number: 2
  • Address - Street Name: Perkins
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 7721
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,800

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 452,619
  • High Value: 537,469
  • Low Value: 367,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,300
  • Assessed Land Value: $155,400
  • Assessed Improvements Value: $182,900

    Sales

  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14559
  • Previous Sale Recording Date: Apr 29, 2013
  • Previous Sale Amount: $205,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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: 4 months ago
Data Source: MLS PIN, MLS# 72283645

Frequently Asked Questions

When was property at 2 Perkins Road built and last sold?
The property at 2 Perkins Road was built in 1940 and last sold on Jan 1, 1970 for $299,900.
How much is this home worth?
The estimated value of the home located at 2 Perkins Road is $315,317.
What are some comparable homes to 2 Perkins Road?
There are currently no comparable homes to 2 Perkins Road.
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