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Methuen Town 01844
21 Madison St
$285,000
● House - Off Market

21 Madison St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,506 Ft²
$405,690
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Nice starter home in West Methuen area, that has been in the family for over 55 years.  This home features; 6 rooms, 3 bedroom (possibly 4), 1 bathroom and enclosed porch. Private fenced in back yard with a detached 2 car garage and additional off street parking.  This home is super clean and being sold "as is" , see listing agent for more details.   Needs some updates/cosmetics. Newer boiler & hotwater tank.    Great commuter location to route 93, 110, 113, 213 & 495!
Unit Size
1,506 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$183
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1910

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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 #72474891)

Price History

Date / Event Date Event Price
May 20, 2019 Sold
Premium
Sold
Apr 2, 2019 Listed by Century 21 North East $275,000
Listed by Century 21 North East

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 721
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,506
  • Gross Building Area: 2,814
  • Building Area: 1,506
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,506
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 752
  • Parcel: METH M:00618 B:00160 L:00069
  • Block: 160
  • Lot: 69
  • Municipality: METHUEN
  • Latitude: 42.702
  • Longitude: -71.1929

    Address

  • Full Address: 21 Madison St
  • Address - House Number: 21
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4869
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 476,508
  • High Value: 551,774
  • Low Value: 401,241

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,700
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $213,700

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10854
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

53

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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# 72474891

Frequently Asked Questions

When was property at 21 Madison Street built and last sold?
The property at 21 Madison Street was built in 1910 and last sold on May 10, 2019 for $285,000.
How much is this home worth?
The estimated value of the home located at 21 Madison Street is $290,275.
What are some comparable homes to 21 Madison Street?
There are currently no comparable homes to 21 Madison Street.
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