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Methuen Town 01844
22 Ormonde Rd
$548,000
● House - Off Market

22 Ormonde Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,631 Ft²
$578,888
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Spacious split level house w/ open floor concept, cathedral ceiling & recessed lights. Freshly painted through out. NEW light fixtures. Large LR w/ picture window & wood burning fireplace. Formal DR w/ box windows. Main kitchen w/ corner island, stove & dishwasher. Bonus/family room w/ new laminate flooring, pellet stove & exterior access. Primary bedroom w/ full bathroom. 2 other bedrooms w/ good sized closets. Full main bath w/ tub & shower. Wood flooring throughout main level. In law option in lower level. 2nd kitchen w/ stove & SS refrigerator, bonus/guest room w/ walk in closet & oversized family room & office. Laundry/utilities room.1 car garage. 2019 boiler. Newer 2017 hot water tank, oil tank, windows & roof. Big, corner lot w/ above ground pol, fenced in yard, newer fence & shed. Great commuter location w/ easy access to rts 93/213/28. Pelham/Hampshire sts close by. Merrimack Valley Golf Club, Central Catholic HS near by. Convenient to shopping, restaurants & entertainment.
Unit Size
2,631 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$213
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1987

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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 #73009218)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by Keller Williams Boston MetroWest $559,900
Listed by Keller Williams Boston MetroWest
Dec 15, 2004 Sold
Premium
Sold
Jun 8, 2004 Listed by Keller Williams Boston MetroWest $359,900
Listed by Keller Williams Boston MetroWest
Jun 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,498
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,349
  • Total Building Area: 2,631
  • Gross Building Area: 3,440
  • Building Area: 2,631
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,631
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000283
  • 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: 11061
  • Parcel: METH M:00412 B:00126B L:00132
  • Block: 126B
  • Lot: 132
  • Municipality: METHUEN
  • Latitude: 42.7353
  • Longitude: -71.2137

    Address

  • Full Address: 22 Ormonde Rd
  • Address - House Number: 22
  • Address - Street Name: Ormonde
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1621
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $619,500

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 638,134
  • High Value: 737,601
  • Low Value: 538,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $529,500
  • Assessed Land Value: $173,600
  • Assessed Improvements Value: $355,900

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19344
  • Previous Sale Recording Date: Dec 15, 2004
  • Previous Sale Amount: $355,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 years

Currently For Sale

74 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 14 Tiffany, Salem, 03079

$1,625 /mo

  • 1 Bed
  • 1 Bath
  • 777 ft²
14 Tiffany #2, Salem, 03079 Listing by Heather Colbert
Unit for rent at 12 Tiffany, Salem, 03079

$1,675 /mo

  • 1 Bed
  • 1 Bath
  • 780 ft²
12 Tiffany #3, Salem, 03079 Listing by Alanna Brush
Unit for rent at 11 Lancelot, Salem, 03079

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 676 ft²
11 Lancelot #7, Salem, 03079 Listing by Tina Lisa

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73009218

Frequently Asked Questions

When was property at 22 Ormonde Road built and last sold?
The property at 22 Ormonde Road was built in 1987 and last sold on Aug 15, 2022 for $548,000.
How much is this home worth?
The estimated value of the home located at 22 Ormonde Road is $567,732.
What are some comparable homes to 22 Ormonde Road?
There are currently no comparable homes to 22 Ormonde Road.
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