$110,900
●
Condo -
Off Market
22F Constitution Way #F22
Methuen, MA 01844
2 Beds
1 Bath
822 Ft²
$297,833
RealtyHop Estimate
168.56%
Since Oct 1, 2001
National-US
Primary Model
About This Property
TOP FLOOR UNIT. METICULOUS WITH MANY UPGRADES. GARDEN
STYLE 2 BEDROOMS, CENTRAL AIR, VERY LOW CONDO FEE
Unit Size
822 Ft²
Days on Market
-
Land Size
-
Price per sqft
$135
Property Type
Condo
Property Taxes
$64
HOA Dues
$95
Year Built
-
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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 years ago (MLSPIN #30517990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2001 | Sold | ||
| Sold | |||
| Jun 25, 2001 | Listed | $110,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Width: 10
Length: 11
Area: 110
Level: First
Width: 10
Length: 14
Area: 140
Length: 19
Level: First
Area: 228
Width: 12
Level: First
Length: 14
Width: 13
Area: 182
Features: No
Full Bathrooms: 1
Appliances: Range, Electric Water Heater
Flooring Type: Vinyl, Carpet
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Colonial Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: 2050148
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 1111
Tax Assessed Value: $51,300
Tax Annual Amount: $772
Utilities Details
Cooling Type: Central Air
Heating Type: Electric Baseboard
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $95
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/24/2023
|
2 Bed
|
1 Bath
|
-
|
$269,900
2 Bed
1 Bath
|
-
-
|
Bob Barcelos
Century 21 McLennan & Company
| |
|
05/05/2021
|
2 Bed
|
1 Bath
|
822 ft²
|
$190,000
2 Bed
1 Bath
822 ft²
|
$195,000
+2.63%
07/30/2021
|
Leanne Wancheck
Cameron Real Estate Group
| |
|
02/19/2007
|
2 Bed
|
1 Bath
|
822 ft²
|
$158,000
2 Bed
1 Bath
822 ft²
|
$150,000
-5.06%
04/30/2007
|
Loraine Burns
Martel Real Estate
| |
|
06/01/2006
|
2 Bed
|
1 Bath
|
798 ft²
|
$148,900
2 Bed
1 Bath
798 ft²
|
$148,900
07/31/2006
|
Geri Sasso
McKeon / Corcoran Real Estate
| |
|
06/25/2001
|
2 Bed
|
1 Bath
|
822 ft²
|
$110,900
2 Bed
1 Bath
822 ft²
|
$110,900
09/21/2001
|
Melba Pallete
Century 21 Mclennan & Company
| |
|
03/27/2001
|
2 Bed
|
1 Bath
|
822 ft²
|
$104,900
2 Bed
1 Bath
822 ft²
|
$110,900
+5.72%
09/24/2001
|
Charles Coco
| |
|
02/01/2000
|
2 Bed
|
1 Bath
|
798 ft²
|
$68,900
2 Bed
1 Bath
798 ft²
|
$62,600
-9.14%
05/15/2000
|
Meredith Kattar
Coco, Early & Associates
| |
|
03/26/1998
|
2 Bed
|
1 Bath
|
822 ft²
|
$55,900
2 Bed
1 Bath
822 ft²
|
$54,500
-2.50%
05/29/1998
|
Robert Palmisano
Properties Unlimited
| |
|
05/10/1996
|
2 Bed
|
1 Bath
|
875 ft²
|
$39,900
2 Bed
1 Bath
875 ft²
|
$32,500
-18.55%
08/09/1996
|
Arthur Richter
Property Consultants
| |
|
08/28/1995
|
1 Bed
|
1 Bath
|
750 ft²
|
$34,900
1 Bed
1 Bath
750 ft²
|
$29,500
-15.47%
09/28/1995
|
Gus Titone
McKeon / Corcoran Real Estate
|
Building Info
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