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Methuen Town 01844
3 Gloucester St
$350,000
● House - Off Market

3 Gloucester St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$491,834
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

WHAT A HOME!!!  Located in the East end of Methuen, this charming colonial has so much to offer. Features include a large Living Room with fireplace, Mahogany beams and beautiful hardwood floors; spacious Dining Room with large built-in, hardwood flooring and gorgeous window seat overlooking yard; cute Kitchen with recessed lighting, hardwood flooring and stainless steel appliances. Other features include 3 good-sized bedrooms all with hardwood flooring, 2 full bath, walk-up attic, and a Finished lower level that adds the possibilities of an entertainment room, or family room. Great fenced yard with a unique feeling of privacy set up away from the street. Easy access to Rte. 495, and very close to the Loop shopping area.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$210
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1930

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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 #72618432)

Price History

Date / Event Date Event Price
Apr 23, 2020 Sold
Premium
Sold
Feb 12, 2020 Listed by Century 21 North East $345,900
Listed by Century 21 North East
Sep 8, 2006 Sold
Premium
Sold
Apr 7, 2006 Listed by Century 21 North East $259,900
Listed by Century 21 North East
Mar 5, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,966
  • Gross Building Area: 3,298
  • Building Area: 1,966
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,966
  • 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: RD

Geography

  • Account Number: 5490
  • Parcel: METH M:01014 B:00108 L:00095
  • Block: 108
  • Lot: 95
  • Municipality: METHUEN
  • Latitude: 42.7265
  • Longitude: -71.1427

    Address

  • Full Address: 3 Gloucester St
  • Address - House Number: 3
  • Address - Street Name: Gloucester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5428
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $456,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 518,959
  • High Value: 612,239
  • Low Value: 425,679

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,200
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $234,200

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9398
  • Previous Sale Recording Date: Sep 08, 2006
  • Previous Sale Amount: $243,000
  • Previous Sale Document Type: 27
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

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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# 72618432

Frequently Asked Questions

When was property at 3 Gloucester Street built and last sold?
The property at 3 Gloucester Street was built in 1930 and last sold on Apr 15, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 3 Gloucester Street is $356,801.
What are some comparable homes to 3 Gloucester Street?
There are currently no comparable homes to 3 Gloucester Street.
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