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Methuen Town 01844
3 Balmoral Drive
$495,000
● House - Off Market

3 Balmoral Drive

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,728 Ft²
$782,463
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Completely remodeled Colonial in Desirable Homestead Acres. This home features plenty of upgrades throughout including newly remodeled kitchen with stainless steel appliances and granite counters, Hardwood floors throughout, Fireplaced family room, and a finished lower level game room. The property also features a nicely landscaped level lot with pool and sprinkler system.
Unit Size
2,728 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$176
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72125662)

Price History

Date / Event Date Event Price
Apr 13, 2017 Sold
Premium
Sold
Mar 2, 2017 Listed by Century 21 McLennan & Company $479,900
Listed by Century 21 McLennan & Company
Oct 24, 2013 Sold
Premium
Sold
Aug 30, 2013 Listed by Century 21 McLennan & Company $339,900
Listed by Century 21 McLennan & Company
Jun 26, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,184
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,264
  • Total Building Area: 2,728
  • Gross Building Area: 4,310
  • Building Area: 2,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000465
  • 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: 252602

Zoning

  • Zoning: RB

Geography

  • Account Number: 1743
  • Parcel: METH M:00708 B:00069 L:00010D
  • Block: 69
  • Lot: 10D
  • Municipality: METHUEN
  • Latitude: 42.7647
  • Longitude: -71.1795

    Address

  • Full Address: 3 Balmoral Dr
  • Address - House Number: 3
  • Address - Street Name: Balmoral
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1735
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $656,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $561,200
  • Assessed Land Value: $200,700
  • Assessed Improvements Value: $360,500

    Sales

  • Current Sale Recording Date: Apr 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9172
  • Previous Sale Recording Date: Oct 24, 2013
  • Previous Sale Amount: $339,000
  • 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

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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 months ago
Data Source: MLS PIN, MLS# 72125662

Frequently Asked Questions

When was property at 3 Balmoral Drive built and last sold?
The property at 3 Balmoral Drive was built in 1985 and last sold on Jan 1, 1970 for $495,000.
How much is this home worth?
The estimated value of the home located at 3 Balmoral Drive is $499,228.
What are some comparable homes to 3 Balmoral Drive?
There are currently no comparable homes to 3 Balmoral Drive.
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