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Methuen Town 01844
3 Harvard Ave
$310,000
● House - Off Market

3 Harvard Ave

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,224 Ft²
$530,531
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Come see this beautifully updated 4BR and 1.5 Bath home located on a spacious level lot in one of Methuen's finest neighborhoods. Nicely renovated cape-style home features a beautiful kitchen with granite counters, tile backsplash and stainless steel appliances. Large detached garage with loft has plenty room for storage or a workshop. Newly refinished hardwood floors gleam throughout the first floor. Newer windows, newer siding and new roof make this home a solid property.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$257
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1960

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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 #72069036)

Price History

Date / Event Date Event Price
Nov 21, 2016 Sold
Premium
Sold
Sep 16, 2016 Listed by Gabriel Realty Group $314,900
Listed by Gabriel Realty Group
Jun 10, 2016 Sold
Premium
Sold
Apr 22, 2016 Listed by Gabriel Realty Group $250,000
Listed by Gabriel Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 816
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,028
  • Total Building Area: 1,224
  • Gross Building Area: 2,460
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: 252202

Zoning

  • Zoning: RB

Geography

  • Account Number: 5573
  • Parcel: METH M:00412 B:00126A L:00069B
  • Block: 126A
  • Lot: 69B
  • Municipality: METHUEN
  • Latitude: 42.7294
  • Longitude: -71.2189

    Address

  • Full Address: 3 Harvard Ave
  • Address - House Number: 3
  • Address - Street Name: Harvard
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1515
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,800

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 519,565
  • High Value: 614,016
  • Low Value: 425,114

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410,100
  • Assessed Land Value: $180,100
  • Assessed Improvements Value: $230,000

    Sales

  • Current Sale Recording Date: Nov 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31011
  • Previous Sale Recording Date: Jun 10, 2016
  • Previous Sale Amount: $215,000
  • 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

Unit for rent at 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72069036

Frequently Asked Questions

When was property at 3 Harvard Avenue built and last sold?
The property at 3 Harvard Avenue was built in 1960 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 3 Harvard Avenue is $320,239.
What are some comparable homes to 3 Harvard Avenue?
There are currently no comparable homes to 3 Harvard Avenue.
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