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Methuen Town 01844
216 Washington St
$333,000
● House - Off Market

216 Washington St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$731,572
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

8 Room Colonial Home w/ 3 Bedrms & 2.5 Bath.   Eat-in Kitchen with bar, Spacious Family Room is complete w/Fireplace,cathedral ceiling and a sliders to a fabulous deck, formal dining room & spacious living room.  2nd Flr Boasts 3 Generous Bedrms Including a Spacious Master Suite w/ Walk-in Closet and balcony.  Huge Basement waiting for your finishing touch one room partially finished. 2-Car Garage, Beautiful Back Yard w/ Irrigation system.  Near The Loop & major highways.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$154
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1992

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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: 6 months ago (MLSPIN #71413173)

Price History

Date / Event Date Event Price
Oct 5, 2012 Sold
Premium
Sold
Jul 23, 2012 Listed by Coco, Early & Associates $339,000
Listed by Coco, Early & Associates
Aug 31, 1995 Sold
Premium
Sold
Jun 8, 1995 Listed by Coco, Early & Associates $189,900
Listed by Coco, Early & Associates

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,072
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,177
  • Total Building Area: 2,157
  • Gross Building Area: 4,563
  • Building Area: 2,157
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,157
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000945
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 6429
  • Parcel: METH M:00908 B:00077 L:00056E
  • Block: 77
  • Lot: 56E
  • Municipality: METHUEN
  • Latitude: 42.7565
  • Longitude: -71.1571

    Address

  • Full Address: 216 Washington St
  • Address - House Number: 216
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R015
  • 4-Digit Zip Code: 2630
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $649,100

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 697,003
  • High Value: 816,352
  • Low Value: 577,654

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,800
  • Assessed Land Value: $252,900
  • Assessed Improvements Value: $301,900

    Sales

  • Current Sale Recording Date: Oct 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Aug 31, 1995
  • Previous Sale Amount: $182,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2168 ft²

Average Home Age

56.3 years

Currently For Sale

66 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71413173

Frequently Asked Questions

When was property at 216 Washington Street built and last sold?
The property at 216 Washington Street was built in 1992 and last sold on Jan 1, 1970 for $333,000.
How much is this home worth?
The estimated value of the home located at 216 Washington Street is $356,908.
What are some comparable homes to 216 Washington Street?
There are currently no comparable homes to 216 Washington Street.
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