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Methuen Town 01844
25 Marjorie Street
$469,900
● House - Off Market

25 Marjorie Street

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,024 Ft²
$745,386
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

PHASE II!!  Welcome to Brookmeadow Estates, Methuen's newest neighborhood of single family homes.  Located in coveted west Methuen, this new neighborhood will have easy access to route 93 and 495 and roughly 35mins to Boston. Built by a long time and highly reputable builder, buyers will be able to choose from our different models and builder's selections for finishes. All homes will be 4 bedrooms, 2.5 baths with 2 car garages on lot sizes from a half acre to over an acre.  Come visit our model home on lot #7 to see finishes and selections, phase two is being released now for reservations!!  GPS 24 Marjorie Street
Unit Size
2,024 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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: 5 months ago (MLSPIN #72223269)

Price History

Date / Event Date Event Price
Nov 27, 2017 Sold
Premium
Sold
Sep 5, 2017 Listed by Coldwell Banker Residential Brokerage - Beverly $469,900
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,088
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,852
  • Total Building Area: 2,176
  • Gross Building Area: 4,416
  • Building Area: 2,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000639
  • 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: 18479
  • Parcel: METH M:00418 B:00164 L:00006E
  • Block: 164
  • Lot: 6E
  • Municipality: METHUEN
  • Latitude: 42.704
  • Longitude: -71.2189

    Address

  • Full Address: 25 Marjorie St
  • Address - House Number: 25
  • Address - Street Name: Marjorie
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 2323
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $692,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 689,811
  • High Value: 798,770
  • Low Value: 580,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,900
  • Assessed Land Value: $210,800
  • Assessed Improvements Value: $381,100

    Sales

  • Current Sale Recording Date: Nov 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30887
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72223269

Frequently Asked Questions

When was property at 25 Marjorie Street built and last sold?
The property at 25 Marjorie Street was built in 2017 and last sold on Jan 1, 1970 for $469,900.
How much is this home worth?
The estimated value of the home located at 25 Marjorie Street is $483,970.
What are some comparable homes to 25 Marjorie Street?
There are currently no comparable homes to 25 Marjorie Street.
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