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Methuen Town 01844
27 Capitol Street
$299,900
● House - Off Market

27 Capitol Street

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,238 Ft²
$454,598
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

If location matters, you won't want to miss this opportunity!  This adorable Cape in a great West Methuen neighborhood setting is perfect for first time buyers or downsizers.  First floor consists of living room and 2 bedrooms with hardwood floors, eat-in kitchen and full bath with new, easy care grouted vinyl tile. Two more bedrooms on the second floor.  Breezeway with skylight leads to spacious attached garage. Vinyl siding, replacement windows, newer heating system and roof!  This home is clean and neat, waiting for your personal touches!  Very conveniently located near major highways and shopping.  Call today!
Unit Size
1,238 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$242
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1965

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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 #72314692)

Price History

Date / Event Date Event Price
Jun 15, 2018 Sold
Premium
Sold
Apr 25, 2018 Listed by Coco, Early & Associates $299,900
Listed by Coco, Early & Associates

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 825
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 825
  • Gross Building Area: 2,986
  • Building Area: 825
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 825
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 252201

Zoning

  • Zoning: RD

Geography

  • Account Number: 8239
  • Parcel: METH M:00514 B:00147 L:00043D
  • Block: 147
  • Lot: 43D
  • Municipality: METHUEN
  • Latitude: 42.7165
  • Longitude: -71.2008

    Address

  • Full Address: 27 Capitol St
  • Address - House Number: 27
  • Address - Street Name: Capitol
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 2831
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $414,200

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 428,760
  • High Value: 509,137
  • Low Value: 348,383

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,000
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $186,000

    Sales

  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13847
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72314692

Frequently Asked Questions

When was property at 27 Capitol Street built and last sold?
The property at 27 Capitol Street was built in 1965 and last sold on Jan 1, 1970 for $299,900.
How much is this home worth?
The estimated value of the home located at 27 Capitol Street is $307,591.
What are some comparable homes to 27 Capitol Street?
There are currently no comparable homes to 27 Capitol Street.
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