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Methuen Town 01844
27 Dexter St
$525,000
● House - Off Market

27 Dexter St

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,376 Ft²
$499,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Stunning ranch offering a unique and modern flair that is so often hard to find.  Want that dream kitchen?  We have 10' of quartz that will be your home base for day to day living, and entertaining.  This great floor plan features a charming fireplaced living room, and a large family room w/ a toasty pellet stove.  Both bedrooms are generous in size, and a large lower level offers many options for future expansion, whether that's more bedrooms, office, in-law, or rec room.  Updates include a new roof in '20, replacement windows, hot water heater, and carefree vinyl siding.  A cute back yard offers perfect privacy for that cook out or fire pit hang.  Location is prime, just 2 minutes to highways, shopping, and dining at The Loop!  Offers will be reviewed at 5:00 pm on Tuesday Sept 26.
Unit Size
1,376 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$363
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1962

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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 #73162045)

Price History

Date / Event Date Event Price
Nov 13, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 21, 2023 Listed by Century 21 McLennan & Company $499,900
Listed by Century 21 McLennan & Company
Jan 15, 2015 Sold
Premium
Sold
Oct 10, 2014 Listed by Century 21 McLennan & Company $229,900
Listed by Century 21 McLennan & Company
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,112
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,806
  • Total Building Area: 1,376
  • Gross Building Area: 2,579
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,376
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 6470
  • Parcel: METH M:01014 B:00108 L:00092
  • Block: 108
  • Lot: 92
  • Municipality: METHUEN
  • Latitude: 42.7274
  • Longitude: -71.1434

    Address

  • Full Address: 27 Dexter St
  • Address - House Number: 27
  • Address - Street Name: Dexter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5549
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,500

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 518,557
  • High Value: 559,994
  • Low Value: 477,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,400
  • Assessed Land Value: $162,700
  • Assessed Improvements Value: $202,700

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129309
  • Previous Sale Recording Date: Jan 15, 2015
  • Previous Sale Amount: $228,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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# 73162045

Frequently Asked Questions

When was property at 27 Dexter Street built and last sold?
The property at 27 Dexter Street was built in 1962 and last sold on Nov 13, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 27 Dexter Street is $492,033.
What are some comparable homes to 27 Dexter Street?
There are currently no comparable homes to 27 Dexter Street.
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