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Methuen Town 01844
3 Emsley Ter
$400,000
● House - Off Market

3 Emsley Ter

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$586,106
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

West Methuen, set in a gorgeous, quiet neighborhood right off of Rt 93!!  The larger cape features a perfect, brand new kitchen with light grey cabinets, new appliances,  and gorgeous/ durable quartz counter tops!  Flexible floor plans works well as a 3 or 4 bedroom layout.  The living room is large enough for all to gather.  A level back yard is private, and just a perfect space for family fun, and the pets!  Fresh paint outside, all newer replacement windows, hardwood floors, and more!  This home has value written ALL OVER IT!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$264
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1969

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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 #72545775)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed by Century 21 McLennan & Company $549,000
Listed by Century 21 McLennan & Company
Sep 30, 2019 Sold
Premium
Sold
Aug 6, 2019 Listed by Century 21 McLennan & Company $399,900
Listed by Century 21 McLennan & Company
Jul 13, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,350
  • Total Building Area: 1,512
  • Gross Building Area: 3,500
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • 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: 252300

Zoning

  • Zoning: RD

Geography

  • Account Number: 2384
  • Parcel: METH M:00614 B:00150 L:00056P
  • Block: 150
  • Lot: 56P
  • Municipality: METHUEN
  • Latitude: 42.7184
  • Longitude: -71.1938

    Address

  • Full Address: 3 Emsley Ter
  • Address - House Number: 3
  • Address - Street Name: Emsley
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3568
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $500,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 539,440
  • High Value: 634,448
  • Low Value: 444,431

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,000
  • Assessed Land Value: $168,800
  • Assessed Improvements Value: $259,200

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40758
  • Previous Sale Recording Date: Sep 30, 2019
  • Previous Sale Contract Date: Sep 30, 2019
  • Previous Sale Amount: $400,000
  • 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

53

Average Home Size

2221 ft²

Average Home Age

56.1 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: 4 months ago
Data Source: MLS PIN, MLS# 72545775

Frequently Asked Questions

When was property at 3 Emsley Terrace built and last sold?
The property at 3 Emsley Terrace was built in 1969 and last sold on Dec 15, 2021 for $531,000.
How much is this home worth?
The estimated value of the home located at 3 Emsley Terrace is $544,551.
What are some comparable homes to 3 Emsley Terrace?
There are currently no comparable homes to 3 Emsley Terrace.
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