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Methuen Town 01844
20 Jefferson Rd
$380,000
● House - Off Market

20 Jefferson Rd

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$536,403
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Great Opportunity!! Classic 8 room Colonial located in a well establish cul-de-sac neighborhood! This home offers 4 spacious bedrooms on the second floor, a full bath and a pull down attic for plenty of storage. The first level includes eat-in kitchen w/maple cabinets and granite counter tops, a formal dining room, full bath, family room, plus a possible 5th bedroom currently used as an office. Recent improvements includes a new roof and HVAC heating system done in 2018 and updated windows. Other amenities: CA, nicely landscaped 1/3 acre lot with fenced in area.  Property is conveniently located minutes from "The Loop" restaurants and shopping, Easy Access to Routes 113, 213/495 interchange, and 93
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$215
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1981

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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 #72500045)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
May 15, 2019 Listed by RE/MAX Partners $364,900
Listed by RE/MAX Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,826
  • Total Building Area: 1,700
  • Gross Building Area: 2,733
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • 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: 252502

Zoning

  • Zoning: RD

Geography

  • Account Number: 3516
  • Parcel: METH M:00812 B:00041 L:00100L
  • Block: 41
  • Lot: 100L
  • Municipality: METHUEN
  • Latitude: 42.738
  • Longitude: -71.1717

    Address

  • Full Address: 20 Jefferson Rd
  • Address - House Number: 20
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C018
  • 4-Digit Zip Code: 7145
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482,700

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 545,637
  • High Value: 644,828
  • Low Value: 446,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,600
  • Assessed Land Value: $177,200
  • Assessed Improvements Value: $235,400

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14536
  • Previous Sale Recording Date: Mar 27, 2007
  • 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72500045

Frequently Asked Questions

When was property at 20 Jefferson Road built and last sold?
The property at 20 Jefferson Road was built in 1981 and last sold on Jun 21, 2019 for $380,000.
How much is this home worth?
The estimated value of the home located at 20 Jefferson Road is $378,102.
What are some comparable homes to 20 Jefferson Road?
There are currently no comparable homes to 20 Jefferson Road.
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