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Methuen Town 01844
22 Riverview Ave
$505,000
● House - Off Market

22 Riverview Ave

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,321 Ft²
$636,170
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

West Methuen rare find  is this 4 bedroom 2.5 bath split entry on large level lot.  This home features light bright living room with loads of room for everyone.  Updated kitchen open to dining room that leads to sliders to private deck overlooking large back yard.   Home boasts 4 large bedrooms with wood floors, master features master bath and large closets.   Lower level has front to back family room, office and 1/2 bath with laundry.  Don't miss the 2 car garage that leads to unfinished workshop.  Young heat and hot water, shed and so much more on dead end street close to Major highways and Shopping
Unit Size
2,321 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$211
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1975

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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: 5 years ago (MLSPIN #72760394)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Nov 23, 2020 Listed by Shibilia Realty Group $489,900
Listed by Shibilia Realty Group

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,610
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,682
  • Total Building Area: 2,321
  • Gross Building Area: 3,447
  • Building Area: 2,321
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,321
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000521
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 10088
  • Parcel: METH M:00416 B:00129B L:00019D
  • Block: 129B
  • Lot: 19D
  • Municipality: METHUEN
  • Latitude: 42.7124
  • Longitude: -71.2212

    Address

  • Full Address: 22 Riverview Ave
  • Address - House Number: 22
  • Address - Street Name: Riverview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1910
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $595,200

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 635,766
  • High Value: 747,740
  • Low Value: 523,791

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $508,700
  • Assessed Land Value: $206,700
  • Assessed Improvements Value: $302,000

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3299
  • Previous Sale Recording Date: Jun 06, 2014
  • 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

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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# 72760394

Frequently Asked Questions

When was property at 22 Riverview Avenue built and last sold?
The property at 22 Riverview Avenue was built in 1975 and last sold on Jan 25, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 22 Riverview Avenue is $509,587.
What are some comparable homes to 22 Riverview Avenue?
There are currently no comparable homes to 22 Riverview Avenue.
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