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Methuen Town 01844
23 Savin Avenue
$272,000
● House - Off Market

23 Savin Avenue

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,233 Ft²
$487,935
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Move right in and enjoy the holidays in this newly updated ranch!  Welcoming open concept kitchen/dining area is complete with recessed lighting and beautiful double sided fireplace.  The open and airy floor plan is perfect for entertaining.  Hardwood floors and raised hearth fireplace in living room, hardwood floors in spacious master bedroom, updated tiled bathrooms, freshly painted throughout.  In-law potential in newly finished lower level includes family room, bedroom, full bath with soaking tub and laundry room.  New roof, fenced in yard, vinyl siding and attached garage.  Very conveniently located to major highways and shopping.
Unit Size
2,233 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$123
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1964

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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 months ago (MLSPIN #71923817)

Price History

Date / Event Date Event Price
Dec 18, 2015 Sold
Premium
Sold
Oct 25, 2015 Listed by Coco, Early & Associates $274,900
Listed by Coco, Early & Associates
Aug 6, 2015 Sold
Premium
Sold
May 6, 2015 Listed by Coco, Early & Associates $190,500
Listed by Coco, Early & Associates
Apr 7, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,276
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,802
  • Total Building Area: 2,233
  • Gross Building Area: 3,227
  • Building Area: 2,233
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,233
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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: 252501

Zoning

  • Zoning: RD

Geography

  • Account Number: 11029
  • Parcel: METH M:01014 B:00104 L:00019
  • Block: 104
  • Lot: 19
  • Municipality: METHUEN
  • Latitude: 42.7226
  • Longitude: -71.1437

    Address

  • Full Address: 23 Savin Ave
  • Address - House Number: 23
  • Address - Street Name: Savin
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5931
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,200

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 518,083
  • High Value: 609,666
  • Low Value: 426,501

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,600
  • Assessed Land Value: $162,700
  • Assessed Improvements Value: $246,900

    Sales

  • Current Sale Recording Date: Dec 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33042
  • Previous Sale Recording Date: Aug 06, 2015
  • Previous Sale Amount: $166,950
  • Previous Sale Document Type: O
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71923817

Frequently Asked Questions

When was property at 23 Savin Avenue built and last sold?
The property at 23 Savin Avenue was built in 1964 and last sold on Jan 1, 1970 for $272,000.
How much is this home worth?
The estimated value of the home located at 23 Savin Avenue is $297,625.
What are some comparable homes to 23 Savin Avenue?
There are currently no comparable homes to 23 Savin Avenue.
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