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Methuen Town 01844
22 Albion St
$460,000
● House - Off Market

22 Albion St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,441 Ft²
$534,950
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Showings begin Saturday at OPEN HOUSE from 11:30-1:00PM.  Bring the checkbook!! You're going to love this beautifully decorated home with gorgeous fireplaced living room, newer kitchen with new stainless steel appliances, quartz countertop and farmers sink.  Hardwood floors grace the entire home plus beautiful screened in porch just off the living room and custom plantation shutters found in many rooms throughout. Most of the upgrades have been done with young vinyl sided exterior, thermopane windows and roof.  Mudroom off the kitchen leads to a spacious deck that overlooks a lovely yard with fire pit and area to kick back. Walk up attic for additional storage or future expnsion.  Attached oversized garage with newer driveway completes the home.
Unit Size
1,441 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$305
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1925

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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 years ago (MLSPIN #72793231)

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold
Premium
Sold
Mar 4, 2021 Listed by Compass $439,900
Listed by Compass

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 702
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,370
  • Total Building Area: 1,441
  • Gross Building Area: 3,466
  • Building Area: 1,441
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,441
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • 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: RC

Geography

  • Account Number: 6340
  • Parcel: METH M:00814 B:00084 L:00009
  • Block: 84
  • Lot: 9
  • Municipality: METHUEN
  • Latitude: 42.7313
  • Longitude: -71.1599

    Address

  • Full Address: 22 Albion St
  • Address - House Number: 22
  • Address - Street Name: Albion
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 5155
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $443,000

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 500,524
  • High Value: 591,514
  • Low Value: 409,535

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,600
  • Assessed Land Value: $161,700
  • Assessed Improvements Value: $216,900

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13610
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

2184 ft²

Average Home Age

58.6 years

Currently For Sale

75 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: 5 years ago
Data Source: MLS PIN, MLS# 72793231

Frequently Asked Questions

When was property at 22 Albion Street built and last sold?
The property at 22 Albion Street was built in 1925 and last sold on Apr 23, 2021 for $460,000.
How much is this home worth?
The estimated value of the home located at 22 Albion Street is $0.
What are some comparable homes to 22 Albion Street?
There are currently no comparable homes to 22 Albion Street.
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