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Methuen Town 01844
3 Jade Street
$450,000
● House - Off Market

3 Jade Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,885 Ft²
$582,212
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Here is the one you've been waiting for! Beautifully maintained colonial on a large corner lot in a highly desirable West Methuen neighborhood and Marsh School district. First floor features large living room with hardwood, bay window, and pellet stove leading into dining room with hardwood. Kitchen features updated cabinets and breakfast bar. Fireplaced family room with hardwood floors leads to massive deck with trex and vinyl rails overlooking fenced in yard. Upstairs features generously sized bedrooms with a double closet in the master. Also a two-car, attached garage, newer windows, and a picture perfect yard, this one checks all the boxes!
Unit Size
1,885 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$223
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1973

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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 #72649608)

Price History

Date / Event Date Event Price
Jul 13, 2020 Sold
Premium
Sold
Apr 30, 2020 Listed by Century 21 McLennan & Company $419,900
Listed by Century 21 McLennan & Company
Mar 4, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Total Building Area: 1,885
  • Gross Building Area: 4,319
  • Building Area: 1,885
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,885
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTWOOD ACRES
  • Land Acres: 0000000482
  • 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: 252201

Zoning

  • Zoning: RA

Geography

  • Account Number: 9370
  • Parcel: METH M:00314 B:00131 L:00014Q
  • Block: 131
  • Lot: 14Q
  • Municipality: METHUEN
  • Latitude: 42.7246
  • Longitude: -71.2261

    Address

  • Full Address: 3 Jade St
  • Address - House Number: 3
  • Address - Street Name: Jade
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1418
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $534,000

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 612,438
  • High Value: 756,036
  • Low Value: 468,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,400
  • Assessed Land Value: $194,400
  • Assessed Improvements Value: $262,000

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17428
  • Previous Sale Recording Date: Mar 04, 1992
  • Previous Sale Amount: $135,000
  • 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

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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# 72649608

Frequently Asked Questions

When was property at 3 Jade Street built and last sold?
The property at 3 Jade Street was built in 1973 and last sold on Jul 10, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 3 Jade Street is $437,442.
What are some comparable homes to 3 Jade Street?
There are currently no comparable homes to 3 Jade Street.
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