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Methuen Town 01844
22 Alton Road
$320,000
● House - Off Market

22 Alton Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,080 Ft²
$432,946
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Offer Deadline changed to 5pm tonight Sunday, Jan 11th.  Best of both worlds, convenient location minutes to restaurants and highway yet located on dead end street with an over sized yard. Large enough for a family and just enough space for down sizer. Charming 3 bedroom, 1-1/2 bath Cape with versatile floor plan, new heating system, updated bathrooms, all hardwood floors, new exterior shutters and freshly painted. Nice deck off porch/mudroom with entry to kitchen. Start the New Year in a new home!
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$278
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1947

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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: 4 months ago (MLSPIN #72606093)

Price History

Date / Event Date Event Price
Feb 21, 2020 Sold
Premium
Sold
Jan 9, 2020 Listed by William Raveis R.E. & Home Services $299,900
Listed by William Raveis R.E. & Home Services
Jun 18, 2009 Sold
Premium
Sold
May 1, 2009 Listed by William Raveis R.E. & Home Services $215,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,848
  • Total Building Area: 1,080
  • Gross Building Area: 2,306
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: P&E FAMILY TRUST
  • Land Acres: 0000000272
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 6805
  • Parcel: METH M:01111 B:00108 L:00166
  • Block: 108
  • Lot: 166
  • Municipality: METHUEN
  • Latitude: 42.7348
  • Longitude: -71.1377

    Address

  • Full Address: 22 Alton Rd
  • Address - House Number: 22
  • Address - Street Name: Alton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 5624
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $434,700

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 461,229
  • High Value: 547,693
  • Low Value: 374,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,500
  • Assessed Land Value: $172,400
  • Assessed Improvements Value: $199,100

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4351
  • Previous Sale Recording Date: Jun 18, 2009
  • Previous Sale Amount: $215,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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: 4 months ago
Data Source: MLS PIN, MLS# 72606093

Frequently Asked Questions

When was property at 22 Alton Road built and last sold?
The property at 22 Alton Road was built in 1947 and last sold on Feb 12, 2020 for $320,000.
How much is this home worth?
The estimated value of the home located at 22 Alton Road is $304,076.
What are some comparable homes to 22 Alton Road?
There are currently no comparable homes to 22 Alton Road.
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