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Methuen Town 01844
2 Plumwood Drive
$310,000
● House - Off Market

2 Plumwood Drive

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$1,111,606
RealtyHop Estimate
236.95%
Since Nov 1, 1998
National-US
Primary Model

About This Property

SOUTHT AFTER ARROW WOODS ESTATES!SPECTACULAR CUSTOM RANCH W/ OVER 2,600SF PLUS ADDL 650SF READY FOR FINISHING TOUCHES. HOME OFFERS GREAT RM W/FIELDSTONE FP,GOURMET KITCHEN & WALK- IN PANTRY.MASTER BR SUITE&SO MUCH MORE.MUST SEE!! UNIQUE!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
1.85 acres
Price per sqft
$127
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1994

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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 #30233580)

Price History

Date / Event Date Event Price
Oct 30, 1998 Sold
Premium
Sold
Jun 16, 1998 Listed by Royal Realty, Inc. $329,900
Listed by Royal Realty, Inc.
Dec 21, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 2,870
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,586
  • Total Building Area: 2,895
  • Gross Building Area: 5,957
  • Building Area: 2,895
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,895
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001850
  • 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: RR

Geography

  • Account Number: 11736
  • Parcel: METH M:00216 B:00129C L:00094
  • Block: 129C
  • Lot: 94
  • Municipality: METHUEN
  • Latitude: 42.7206
  • Longitude: -71.2307

    Address

  • Full Address: 2 Plumwood Dr
  • Address - House Number: 2
  • Address - Street Name: Plumwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1427
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $821,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 841,323
  • High Value: 978,334
  • Low Value: 704,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $702,500
  • Assessed Land Value: $241,400
  • Assessed Improvements Value: $461,100

    Sales

  • Current Sale Recording Date: Dec 21, 1994
  • Current Sale Price:
    Premium
  • Current 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

52

Average Home Size

2157 ft²

Average Home Age

55.2 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 years ago
Data Source: MLS PIN, MLS# 30233580

Frequently Asked Questions

When was property at 2 Plumwood Drive built and last sold?
The property at 2 Plumwood Drive was built in 1994 and last sold on Jan 1, 1970 for $240,900.
How much is this home worth?
The estimated value of the home located at 2 Plumwood Drive is $0.
What are some comparable homes to 2 Plumwood Drive?
There are currently no comparable homes to 2 Plumwood Drive.
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