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Methuen Town 01844
25 Grove St
$245,000
● House - Off Market

25 Grove St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$378,032
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

This charming 1915 Colonial awaits its perfect buyer with expertise to bring it back to its final Homestead.  Offering six rooms three bedrooms on the second floor w/hardwood floors.  The first floor offers a formal dining room with built ins, living room spacious eat-in-kitchen with a pantry closet, hardwoods. The upgrades includes  windows ,roof, furnace and  blown in insulation these are some of the treasures you will find here. The back yard welcomes plush greens well maintained for those family gatherings a one car garage as a bonus.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$156
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1915

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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 months ago (MLSPIN #72365929)

Price History

Date / Event Date Event Price
Sep 27, 2018 Sold
Premium
Sold
Jul 20, 2018 Listed by Coco, Early & Associates $249,900
Listed by Coco, Early & Associates

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 768
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,752
  • Gross Building Area: 2,376
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 4860
  • Parcel: METH M:00614 B:00136 L:00017
  • Block: 136
  • Lot: 17
  • Municipality: METHUEN
  • Latitude: 42.724
  • Longitude: -71.1913

    Address

  • Full Address: 25 Grove St
  • Address - House Number: 25
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C027
  • 4-Digit Zip Code: 3634
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393,500

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 457,471
  • High Value: 543,230
  • Low Value: 371,712

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,300
  • Assessed Land Value: $133,700
  • Assessed Improvements Value: $202,600

    Sales

  • Current Sale Recording Date: Sep 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23775
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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2193 ft²

Average Home Age

59.5 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72365929

Frequently Asked Questions

When was property at 25 Grove Street built and last sold?
The property at 25 Grove Street was built in 1915 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 25 Grove Street is $267,365.
What are some comparable homes to 25 Grove Street?
There are currently no comparable homes to 25 Grove Street.
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