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Methuen Town 01844
236 Oak Street
$244,000
● House - Off Market

236 Oak Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,262 Ft²
$457,753
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Welcome Home! When you enter into this 3 bedroom ranch, you will enter into a breezeway with beautiful skylights and a sliding door that will take you outside to a new patio and a huge yard with 2 sheds! The kitchen has been updated with granite counters, new cabinets and a stainless steal refrigerator and dishwasher. A bay window and fireplace are located in the living room, just off the kitchen. A laundry room, a second bathroom with a Jacuzzi tub and a bonus room are all located in the partially finished basement.  Hurry this one won't last!
Unit Size
1,262 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$194
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1956

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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 #71632087)

Price History

Date / Event Date Event Price
Jun 3, 2014 Sold
Premium
Sold
Feb 9, 2014 Listed by Solomon Real Estate $244,900
Listed by Solomon Real Estate
Mar 15, 1999 Sold
Premium
Sold
Sep 4, 1998 Listed by Solomon Real Estate $159,900
Listed by Solomon Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 21,702
  • Total Building Area: 2,081
  • Gross Building Area: 2,952
  • Building Area: 2,081
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,081
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000498
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 1575
  • Parcel: METH M:01012 B:00082 L:00010C
  • Block: 82
  • Lot: 10C
  • Municipality: METHUEN
  • Latitude: 42.7361
  • Longitude: -71.1449

    Address

  • Full Address: 236 Oak St
  • Address - House Number: 236
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 5203
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,500

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 523,304
  • High Value: 615,810
  • Low Value: 430,798

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,800
  • Assessed Land Value: $179,700
  • Assessed Improvements Value: $230,100

    Sales

  • Current Sale Recording Date: Jun 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11334
  • Previous Sale Recording Date: Mar 15, 1999
  • Previous Sale Amount: $155,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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: 4 months ago
Data Source: MLS PIN, MLS# 71632087

Frequently Asked Questions

When was property at 236 Oak Street built and last sold?
The property at 236 Oak Street was built in 1956 and last sold on Jan 1, 1970 for $243,500.
How much is this home worth?
The estimated value of the home located at 236 Oak Street is $252,791.
What are some comparable homes to 236 Oak Street?
There are currently no comparable homes to 236 Oak Street.
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