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Methuen Town 01844
21 Buco Ave
$235,000
● House - Off Market

21 Buco Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,190 Ft²
$408,015
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

What a fantastic buy for the first time buyer! Solid Ranch has been well cared for on a tree lined, dead end street.  This home features hardwood floors, eat in kitchen, fireplace, updated bath, newer furnace, newer roof, recently painted interior and brand new Electric panel!  Full walk out basement with high ceilings could be finished for additional living space.  Enjoy one car garage attached with garage door opener and big backyard . Minutes to schools and commuter routes makes this an excellent opportunity to own such a great home in a desirable location!
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$193
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #71882325)

Price History

Date / Event Date Event Price
Jul 2, 2021 Sold
Premium
Sold
May 18, 2021 Listed by Coco, Early & Associates $434,500
Listed by Coco, Early & Associates
Sep 29, 2015 Sold
Premium
Sold
Jul 31, 2015 Listed by Coco, Early & Associates $229,900
Listed by Coco, Early & Associates
Jul 28, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 1,190
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,688
  • Total Building Area: 1,190
  • Gross Building Area: 2,808
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 252501

Zoning

  • Zoning: RD

Geography

  • Account Number: 1564
  • Parcel: METH M:01014 B:00104 L:00078C
  • Block: 104
  • Lot: 78C
  • Municipality: METHUEN
  • Latitude: 42.7242
  • Longitude: -71.1438

    Address

  • Full Address: 21 Buco Ave
  • Address - House Number: 21
  • Address - Street Name: Buco
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5911
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,300

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 473,356
  • High Value: 559,406
  • Low Value: 387,305

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,100
  • Assessed Land Value: $162,500
  • Assessed Improvements Value: $203,600

    Sales

  • Current Sale Contract Date: Jul 02, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22339
  • Previous Sale Recording Date: Sep 29, 2015
  • Previous Sale Amount: $235,000
  • 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

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: 5 months ago
Data Source: MLS PIN, MLS# 71882325

Frequently Asked Questions

When was property at 21 Buco Avenue built and last sold?
The property at 21 Buco Avenue was built in 1956 and last sold on Jul 2, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 21 Buco Avenue is $428,844.
What are some comparable homes to 21 Buco Avenue?
There are currently no comparable homes to 21 Buco Avenue.
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