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Methuen Town 01844
3 Duma Rd
$600,000
● House - Off Market

3 Duma Rd

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,977 Ft²
$604,570
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Beautiful, OVERSIZED, four bedroom, three bath, Cape. This charming home boasts a sprawling, updated, kitchen, equipped with granite countertops, stainless steel appliances with an abundance of cabinet space. The kitchen flows into the generous size family room which steps out to a large deck making it the ideal space for hosting family and friends. The first floor also includes a dining room, living room, and a spacious bedroom and full bath. Upstairs you'll find three more generous size bedrooms, one of which is a large primary suite with a walk-in closet, jet tub, and walk in shower. This home also offers mini splits throughout, an irrigation system, attached garage, and a spacious heated basement. Located approximately a mile from route 213 and New Hampshire boarder, this property is great for commuters.
Unit Size
2,977 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$202
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #72964452)

Price History

Date / Event Date Event Price
May 24, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by Broad Sound Real Estate, LLC $599,900
Listed by Broad Sound Real Estate, LLC
Jan 29, 2016 Sold
Premium
Sold
Oct 24, 2015 Listed by Broad Sound Real Estate, LLC $377,000
Listed by Broad Sound Real Estate, LLC
Nov 15, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,289
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,977
  • Gross Building Area: 5,444
  • Building Area: 2,977
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,977
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STOWERS ASSOC
  • Land Acres: 0000000230
  • 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: RD

Geography

  • Account Number: 529
  • Parcel: METH M:00712 B:00059 L:00042C
  • Block: 59
  • Lot: 42C
  • Municipality: METHUEN
  • Latitude: 42.7348
  • Longitude: -71.1801

    Address

  • Full Address: 3 Duma Rd
  • Address - House Number: 3
  • Address - Street Name: Duma
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C018
  • 4-Digit Zip Code: 3113
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $595,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 670,478
  • High Value: 788,566
  • Low Value: 552,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,000
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $341,000

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127182
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Amount: $370,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

55.2 years

Currently For Sale

74 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: 5 months ago
Data Source: MLS PIN, MLS# 72964452

Frequently Asked Questions

When was property at 3 Duma Road built and last sold?
The property at 3 Duma Road was built in 1963 and last sold on May 23, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 3 Duma Road is $613,729.
What are some comparable homes to 3 Duma Road?
There are currently no comparable homes to 3 Duma Road.
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