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Methuen Town 01844
3 Brewster Terrace
$262,000
● House - Off Market

3 Brewster Terrace

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,262 Ft²
$476,141
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

1,262 square foot house on a 6,000 square footage lot. has a total of 5 rooms with a basement. It includes 2 bedrooms with room to put third and 1 bath new kitchen with all new appliances cute starter home with a garage and a paved driveway with a fenced in back yard. Includes a pool in the backyard. On a quiet side street close to shops and schools. Close to route 28 and route 213 as well.
Unit Size
1,262 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$237
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1955

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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 #72134926)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by www.EntryOnly.com $399,900
Listed by www.EntryOnly.com
Sep 18, 2017 Sold
Premium
Sold
Jun 8, 2017 Sold
Premium
Sold
Mar 23, 2017 Listed by www.EntryOnly.com $299,000
Listed by www.EntryOnly.com

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,262
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,262
  • Gross Building Area: 2,620
  • Building Area: 1,262
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,262
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 252400

Zoning

  • Zoning: RG

Geography

  • Account Number: 2198
  • Parcel: METH M:00714 B:00030 L:00005
  • Block: 30
  • Lot: 5
  • Municipality: METHUEN
  • Latitude: 42.7252
  • Longitude: -71.1737

    Address

  • Full Address: 3 Brewster Ter
  • Address - House Number: 3
  • Address - Street Name: Brewster
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C022
  • 4-Digit Zip Code: 4403
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $412,800

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 476,417
  • High Value: 563,024
  • Low Value: 389,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,800
  • Assessed Land Value: $158,400
  • Assessed Improvements Value: $194,400

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27912
  • Previous Sale Recording Date: Sep 18, 2017
  • Previous Sale Amount: $262,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72134926

Frequently Asked Questions

When was property at 3 Brewster Terrace built and last sold?
The property at 3 Brewster Terrace was built in 1955 and last sold on Aug 20, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 3 Brewster Terrace is $404,153.
What are some comparable homes to 3 Brewster Terrace?
There are currently no comparable homes to 3 Brewster Terrace.
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