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Methuen Town 01844
3 Arthur St
$441,500
● House - Off Market

3 Arthur St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$464,861
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

BUYER FINANCING FELL THROUGH. Just move right in! This lovely colonial style 3 bedroom, 2 full bath has been completely remodeled which includes cabinetry, appliances, quartz countertops, siding, floor, electrical 200 amp, plumbing, tankless combination boiler and water, fresh paint, exterior and interior doors. Washer and dryer hook up conveniently on the first floor. Also include a detached garage with off street parking for 5.  Location is close to the Loop-Connector which gives you easy access to routes 93 & 495.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$342
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1900

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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 #73058851)

Price History

Date / Event Date Event Price
Feb 28, 2023 Sold
Premium
Sold
Jan 13, 2023 In contract -
In contract
Dec 17, 2022 Relisted $444,900
Relisted
Dec 12, 2022 In contract -
In contract
Dec 7, 2022 Price Increased $454,900
↑ $10K (2.3%)
Price Increased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 827
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,205
  • Gross Building Area: 2,332
  • Building Area: 1,205
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,205
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: RC

Geography

  • Account Number: 2885
  • Parcel: METH M:00914 B:00100 L:00002
  • Block: 100
  • Lot: 2
  • Municipality: METHUEN
  • Latitude: 42.7269
  • Longitude: -71.1544

    Address

  • Full Address: 3 Arthur St
  • Address - House Number: 3
  • Address - Street Name: Arthur
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C026
  • 4-Digit Zip Code: 5114
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 450,473
  • High Value: 532,364
  • Low Value: 368,582

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,100
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $193,100

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2888
  • Previous Sale Recording Date: Feb 10, 2022
  • Previous Sale Contract Date: Jan 21, 2022
  • Previous Sale Amount: $290,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73058851

Frequently Asked Questions

When was property at 3 Arthur Street built and last sold?
The property at 3 Arthur Street was built in 1900 and last sold on Feb 28, 2023 for $441,500.
How much is this home worth?
The estimated value of the home located at 3 Arthur Street is $443,919.
What are some comparable homes to 3 Arthur Street?
There are currently no comparable homes to 3 Arthur Street.
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