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Methuen Town 01844
22 Benefit Street
Photo of 22 Benefit Street
Sold on Jan 31, 2005

1

Map

$382,900
● House - Off Market

22 Benefit Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,732 Ft²
$728,900
RealtyHop Estimate
91.87%
Since Feb 1, 2005
National-US
Primary Model

About This Property

Immaculate Colonial on quiet side street. Fenced in yard, wrap around farmers porch plus deck. New tiled kitchen with breakfast bar, 1.5 baths w/new tile, beautiful hardwood floors in living room & dining room. Three nice sized bedrooms, finished media room in basement with recessed lighting and wired for surround sound. Bonus exercise room with walk out in basement. Nothing to do but move in!
Unit Size
1,732 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$219
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1994

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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 #70126457)

Price History

Date / Event Date Event Price
Jan 31, 2005 Sold
Premium
Sold
Dec 14, 2004 Listed $379,900
Listed
Jul 30, 2003 Sold
Premium
Sold
Mar 20, 2003 Listed $324,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,049
  • Total Building Area: 1,500
  • Gross Building Area: 2,935
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 252202

Zoning

  • Zoning: RD

Geography

  • Account Number: 2591
  • Parcel: METH M:00412 B:00126B L:00250
  • Block: 126B
  • Lot: 250
  • Municipality: METHUEN
  • Latitude: 42.7346
  • Longitude: -71.22

    Address

  • Full Address: 22 Benefit St
  • Address - House Number: 22
  • Address - Street Name: Benefit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1504
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $524,300

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 553,362
  • High Value: 650,823
  • Low Value: 455,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $448,100
  • Assessed Land Value: $168,100
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Recording Date: Jan 31, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 15132
  • Previous Sale Recording Date: Jul 30, 2003
  • Previous Sale Amount: $324,900
  • Previous Sale Document Type: 48
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

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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

Unit for rent at 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70126457

Frequently Asked Questions

When was property at 22 Benefit Street built and last sold?
The property at 22 Benefit Street was built in 1994 and last sold on Jan 1, 1970 for $382,900.
How much is this home worth?
The estimated value of the home located at 22 Benefit Street is $389,327.
What are some comparable homes to 22 Benefit Street?
There are currently no comparable homes to 22 Benefit Street.
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