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Methuen Town 01844
203 Hampstead Street
$395,000
● House - Off Market

203 Hampstead Street

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,680 Ft²
$658,942
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

New Year, New Price!  Welcome home to this sprawling four bedroom, freshly renovated ranch offering full in law! This home is fully updated! The main floor features a convenient mudroom, gleaming hardwood floors, stainless steel appliances and granite counter-tops. The living room has a cozy fireplace and impressive woodwork throughout and excellent access to your back deck. The first floor bathroom features a double vanity, granite counter-tops and tile floors. The over-sized basement is fully finished and features a fireplace, a bonus bedroom as well as an additional kitchen.  Large back yard, plenty of off street parking, and 2 car garage! Brand new septic just installed. This home is conveniently located with easy access to the highway as well as tax free NH shopping! Schedule a showing today!
Unit Size
2,680 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$149
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72071869)

Price History

Date / Event Date Event Price
Mar 3, 2017 Sold
Premium
Sold
Sep 22, 2016 Listed by Coco, Early & Associates $399,900
Listed by Coco, Early & Associates
Mar 10, 2016 Sold
Premium
Sold
Jul 11, 2015 Listed by Coco, Early & Associates $259,900
Listed by Coco, Early & Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,484
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,275
  • Total Building Area: 2,691
  • Gross Building Area: 3,632
  • Building Area: 2,691
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,691
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000488
  • 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: 252602

Zoning

  • Zoning: RR

Geography

  • Account Number: 14232
  • Parcel: METH M:00704 B:00072 L:00004C
  • Block: 72
  • Lot: 4C
  • Municipality: METHUEN
  • Latitude: 42.7839
  • Longitude: -71.1794

    Address

  • Full Address: 203 Hampstead St
  • Address - House Number: 203
  • Address - Street Name: Hampstead
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1235
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $632,600

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 677,161
  • High Value: 786,874
  • Low Value: 567,448

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,700
  • Assessed Land Value: $178,800
  • Assessed Improvements Value: $361,900

    Sales

  • Current Sale Recording Date: Mar 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5629
  • Previous Sale Recording Date: Mar 10, 2016
  • Previous Sale Amount: $210,000
  • 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

2157 ft²

Average Home Age

54.7 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

Unit for rent at 387 Main, Salem, 03079

$2,400 /mo

  • 1 Bed
  • 1,000 ft²
387 Main #1, Salem, 03079 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72071869

Frequently Asked Questions

When was property at 203 Hampstead Street built and last sold?
The property at 203 Hampstead Street was built in 1960 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 203 Hampstead Street is $423,583.
What are some comparable homes to 203 Hampstead Street?
There are currently no comparable homes to 203 Hampstead Street.
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