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Methuen Town 01844
23 Ashland Avenue
$253,000
● House - Off Market

23 Ashland Avenue

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,256 Ft²
$393,235
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Pride in ownership! Don't miss this meticulously  maintained Colonial situated on a level lot in a lovely Methuen neighborhood. This home features three spacious bedrooms with cedar closets. A large bright and cheery over-sized  eat-in kitchen, first floor bath, a comfortable living room with built in book shelves, dental moulding through-out, and a first floor laundry room. There is a one garage and plenty for off street parking. Convenient to major highways and shopping. Marsh school district. A must see!
Unit Size
1,256 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$197
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1915

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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: 6 months ago (MLSPIN #72244896)

Price History

Date / Event Date Event Price
Dec 1, 2017 Sold
Premium
Sold
Oct 19, 2017 Listed by Century 21 McLennan & Company $247,900
Listed by Century 21 McLennan & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 728
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,256
  • Gross Building Area: 2,945
  • Building Area: 1,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOSEPH R HOWE
  • Land Acres: 0000000103
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 9049
  • Parcel: METH M:00614 B:00143 L:00021
  • Block: 143
  • Lot: 21
  • Municipality: METHUEN
  • Latitude: 42.7201
  • Longitude: -71.1895

    Address

  • Full Address: 23 Ashland Ave
  • Address - House Number: 23
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 7001
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406,100

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 445,631
  • High Value: 529,171
  • Low Value: 362,091

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,100
  • Assessed Land Value: $154,800
  • Assessed Improvements Value: $192,300

    Sales

  • Current Sale Recording Date: Dec 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31440
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

$328

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2194 ft²

Average Home Age

55.5 years

Currently For Sale

71 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72244896

Frequently Asked Questions

When was property at 23 Ashland Avenue built and last sold?
The property at 23 Ashland Avenue was built in 1915 and last sold on Jan 1, 1970 for $253,000.
How much is this home worth?
The estimated value of the home located at 23 Ashland Avenue is $259,290.
What are some comparable homes to 23 Ashland Avenue?
There are currently no comparable homes to 23 Ashland Avenue.
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