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Methuen Town 01844
281 Oak St
Photo of 281 Oak St
Sold on May 10, 2010

1

Map

$177,000
● House - Off Market

281 Oak St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,144 Ft²
$378,373
RealtyHop Estimate
110.32%
Since Jun 1, 2010
National-US
Primary Model

About This Property

Pleasant Valley Ranch with Fam Rm & MBR addition. Lots of potential here, great location for shopping and commuting. Previous freeze damage cited, may want to have Buyers qualified for rehab loan. Please allow 3-5 days for response from lender concerning offers.
Unit Size
2,144 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$84
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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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 #71038606)

Price History

Date / Event Date Event Price
May 12, 2010 Sold
Premium
Sold
Apr 7, 2010 Sold
Premium
Sold
Feb 25, 2010 Listed $179,900
Listed
Oct 23, 1997 Sold
Premium
Sold
Sep 8, 1997 Listed $154,900
Listed
RE/MAX PRESENTS...THIS IS A MUST SEE HOME WONDERFUL FOR THE LRGE FAMILY,IN-LAW ETC. OFFERS A 3 BEDROOM RANCH W/FP & AN ADDITION W/MAST. BR, FAM. RM & TWO FINISHED ROOM ON THE LL. GREAT LOCATION.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,604
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 3,378
  • Gross Building Area: 4,884
  • Building Area: 3,378
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,378
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000344
  • 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: RC

Geography

  • Account Number: 9406
  • Parcel: METH M:01012 B:00108 L:00008A
  • Block: 108
  • Lot: 8A
  • Municipality: METHUEN
  • Latitude: 42.7381
  • Longitude: -71.145

    Address

  • Full Address: 281 Oak St
  • Address - House Number: 281
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 5223
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $518,700

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 728,476
  • High Value: 881,080
  • Low Value: 575,873

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,300
  • Assessed Land Value: $165,000
  • Assessed Improvements Value: $278,300

    Sales

  • Current Sale Recording Date: May 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11755
  • Previous Sale Recording Date: Apr 07, 2010
  • Previous Sale Amount: $272,179
  • Previous Sale Document Type: 34
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

53

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# 71038606

Frequently Asked Questions

When was property at 281 Oak Street built and last sold?
The property at 281 Oak Street was built in 1969 and last sold on Jan 1, 1970 for $182,000.
How much is this home worth?
The estimated value of the home located at 281 Oak Street is $216,668.
What are some comparable homes to 281 Oak Street?
There are currently no comparable homes to 281 Oak Street.
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