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Methuen Town 01844
28 Sycamore Road
$615,000
● House - Off Market

28 Sycamore Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,917 Ft²
$618,289
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Welcome to 28 Sycamore Rd! This home is ready for new owners. Conveniently located near route 495, The Loop, shopping centers, and minutes from the NH border. When you walk into this home there are many different updates including flooring, a tiled fireplace, kitchen, and fresh paint. The large kitchen opens up to the living room with cathedral ceilings making it a great entertaining space.  The lower level provides additional recreation, exercise, or family room space.  Three zones to control your heat and AC accordingly to your desired comfort. when you step outside from the kitchen slider, you'll be overlooking your fenced-in backyard from the deck. schedule a showing and come take a tour of a home that can eventually be your dream home.
Unit Size
1,917 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$313
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1978

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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 #73081031)

Price History

Date / Event Date Event Price
Mar 24, 2023 Sold
Premium
Sold
Feb 28, 2023 In contract -
In contract
Feb 22, 2023 Listed by Keller Williams Realty $599,999
Listed by Keller Williams Realty
Oct 26, 2022 Withdrawn -
Withdrawn
Oct 17, 2022 Price Decreased $639,000
↓ $26K (3.9%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,913
  • Gross Building Area: 3,241
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: 252502

Zoning

  • Zoning: RD

Geography

  • Account Number: 6546
  • Parcel: METH M:00812 B:00041 L:00101H
  • Block: 41
  • Lot: 101H
  • Municipality: METHUEN
  • Latitude: 42.7367
  • Longitude: -71.1698

    Address

  • Full Address: 28 Sycamore Rd
  • Address - House Number: 28
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C018
  • 4-Digit Zip Code: 7119
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $545,900

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 650,299
  • High Value: 702,263
  • Low Value: 598,334

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,600
  • Assessed Land Value: $172,800
  • Assessed Improvements Value: $293,800

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Mar 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4205
  • Previous Sale Recording Date: Apr 30, 2021
  • Previous Sale Contract Date: Apr 30, 2021
  • Previous Sale Amount: $520,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

56.4 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: 4 months ago
Data Source: MLS PIN, MLS# 73081031

Frequently Asked Questions

When was property at 28 Sycamore Road built and last sold?
The property at 28 Sycamore Road was built in 1978 and last sold on Mar 24, 2023 for $615,000.
How much is this home worth?
The estimated value of the home located at 28 Sycamore Road is $592,041.
What are some comparable homes to 28 Sycamore Road?
There are currently no comparable homes to 28 Sycamore Road.
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