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Methuen Town 01844
28 Morrison Court
$170,000
● House - Off Market

28 Morrison Court

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$520,182
RealtyHop Estimate
206.17%
Since Mar 1, 2000
National-US
Primary Model

About This Property

METHUEN GAMBREL WITH FLEXIBLE FLOOR PLAN &  AN INCREDIBLE MASTER SUITE W/ CATHEDRAL CEILINGS,SKY LIGHT, MASTER BATH W/ JACUZZI AND MASSIVE WALK-IN CLOSET. FIRST FLOOR COULD ACCOMODATE BEDROOM/ LARGE LIVING ROOM SUITE. EASY TO SHOW.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$74
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #30374895)

Price History

Date / Event Date Event Price
Feb 25, 2000 Sold
Premium
Sold
Dec 16, 1999 Listed $169,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,075
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,439
  • Total Building Area: 2,442
  • Gross Building Area: 3,732
  • Building Area: 2,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • 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: 252400

Zoning

  • Zoning: CBD

Geography

  • Account Number: 8700
  • Parcel: METH M:00714 B:00010 L:00015E
  • Block: 10
  • Lot: 15E
  • Municipality: METHUEN
  • Latitude: 42.726
  • Longitude: -71.1828

    Address

  • Full Address: 28 Morrison Ct
  • Address - House Number: 28
  • Address - Street Name: Morrison
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Methuen
  • Carrier Code: C020
  • 4-Digit Zip Code: 3805
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528,300

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 600,466
  • High Value: 709,624
  • Low Value: 491,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $451,500
  • Assessed Land Value: $166,700
  • Assessed Improvements Value: $284,800

    Sales

  • Current Sale Recording Date: Feb 25, 2000
  • Current Sale Price:
    Premium
  • Current 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

55.2 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30374895

Frequently Asked Questions

When was property at 28 Morrison Court built and last sold?
The property at 28 Morrison Court was built in 1960 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 28 Morrison Court is $0.
What are some comparable homes to 28 Morrison Court?
There are currently no comparable homes to 28 Morrison Court.
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