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Methuen Town 01844
3 Louise Ave
$255,000
● House - Off Market

3 Louise Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,134 Ft²
$475,043
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Turnkey Ranch in pristine condition on quiet street in desirable neighborhood! This home features a kitchen/dining combination and an attached living room with hardwood flooring and picture window. The 3 bedrooms are nicely sized and include wood floors and ample closet space. Recent updates include new tiled bath, new Anderson windows, new insulated garage door plus new insulated front and back doors. The lower level awaits your finishing touches and includes newer heating and hot water system. Outside you'll find maintenance free and energy efficient vinyl siding (the house has been wrapped with foam board as an extra layer of insulation) and a 1 car attached garage. Excellent opportunity to own a well cared for home in an attractive location.
Unit Size
1,134 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$229
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #71755113)

Price History

Date / Event Date Event Price
Mar 31, 2015 Sold
Premium
Sold
Oct 9, 2014 Listed by RE/MAX Partners $259,900
Listed by RE/MAX Partners
Aug 30, 1999 Sold
Premium
Sold
Jun 17, 1999 Listed by RE/MAX Partners $159,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,134
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,024
  • Total Building Area: 1,134
  • Gross Building Area: 2,592
  • Building Area: 1,134
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,134
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNRISE PK METHUEN
  • Land Acres: 0000000184
  • 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: 3076
  • Parcel: METH M:00616 B:00150 L:00057S
  • Block: 150
  • Lot: 57S
  • Municipality: METHUEN
  • Latitude: 42.7128
  • Longitude: -71.1957

    Address

  • Full Address: 3 Louise Ave
  • Address - House Number: 3
  • Address - Street Name: Louise
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3536
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 453,111
  • High Value: 524,682
  • Low Value: 381,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,300
  • Assessed Land Value: $146,900
  • Assessed Improvements Value: $202,400

    Sales

  • Current Sale Recording Date: Mar 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6988
  • Previous Sale Recording Date: Aug 30, 1999
  • Previous Sale Amount: $158,500
  • 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

$328

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2194 ft²

Average Home Age

55.5 years

Currently For Sale

71 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: 6 months ago
Data Source: MLS PIN, MLS# 71755113

Frequently Asked Questions

When was property at 3 Louise Avenue built and last sold?
The property at 3 Louise Avenue was built in 1960 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 3 Louise Avenue is $264,077.
What are some comparable homes to 3 Louise Avenue?
There are currently no comparable homes to 3 Louise Avenue.
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