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Methuen Town 01844
29 Oak St
Photo of 29 Oak St
Sold on Jun 10, 2025

38

Map

Photo of 29 Oak St
Photo of 29 Oak St
$479,000
● House - Off Market

29 Oak St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,331 Ft²
$3,176
Est. Monthly
5.07%
Cap Rate

About This Property

New to Market, straight forward 6 rm, 3 bedroom Colonial on 1.99 acre lot in convenient location, located in desirable Methuen, MA. Approximately 1331+- square feet of living area. Looking for closet space? (4) generous sized walk-in closets, lots of knee wall storage on 2nd floor. Newer, 22 x 26, unattached 2-car garage. Home is vinyl sided and the architectural shingled roof is approximately 5-6 years old. Property has wetlands in the rear, classified as Zone X, therefore, flood insurance should not be required (see GIS map in photographs and Zone X Certification attached in documents). Convenient location and only 3 minutes to Route 495, close to the NH boarder. Include in any offer: Sale is subject to the Land Court Commissioner obtaining Land Court approval for the Sale. Sold in as is condition. Will not pass FHA/VA financing guidelines. Open House Sunday,  4-13-25, 1-2:30
Unit Size
1,331 Ft²
Days on Market
-
Land Size
1.99 acres
Price per sqft
$413
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1930

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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: 2 years ago (MLSPIN #73357355)

Price History

Date / Event Date Event Price
Jun 10, 2025 Sold
Premium
Sold
May 23, 2025 In contract -
In contract
Apr 9, 2025 Listed $550,000
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 768
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,684
  • Total Building Area: 1,331
  • Gross Building Area: 2,488
  • Building Area: 1,331
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,331
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001990
  • 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: 139
  • Parcel: METH M:01014 B:00108 L:00103
  • Block: 108
  • Lot: 103
  • Municipality: METHUEN
  • Latitude: 42.7271
  • Longitude: -71.143

    Address

  • Full Address: 29 Oak St
  • Address - House Number: 29
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5434
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $523,600

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 574,837
  • High Value: 646,936
  • Low Value: 502,737

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,500
  • Assessed Land Value: $252,200
  • Assessed Improvements Value: $195,300
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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73357355

Frequently Asked Questions

When was property at 29 Oak Street built and last sold?
The property at 29 Oak Street was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 29 Oak Street is $550,221.
What are some comparable homes to 29 Oak Street?
There are currently no comparable homes to 29 Oak Street.
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