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Methuen Town 01844
3 Pearl St
Photo of 3 Pearl St
Sold on Aug 15, 2005

1

Map

$399,900
● House - Off Market

3 Pearl St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,960 Ft²
$699,493
RealtyHop Estimate
74.92%
Since Sep 1, 2005
National-US
Primary Model

About This Property

*Must be seen to be appreciated!!* New Construction in the Marsh School District!  This 3 BR, 3 bath Cape is loaded w/custom features. Cabinet packed kitchen w/granite counters, hardwood floors, inlaid breakfast bar and mahogany pantry area. LR room w/built-in TV cabinet, bookshelves, gas fireplace and hardwood floors.  DR room w/built-in china cabinets and hardwood floors.  Crown & dental moldings, wainscotting, sec. system, central vac., 4 zone heat, lots of closets and quality craftsmanship
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$204
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
2005

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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 #70226022)

Price History

Date / Event Date Event Price
Jun 11, 2021 Sold
Premium
Sold
Apr 22, 2021 Listed $550,000
Listed
Aug 16, 2005 Sold
Premium
Sold
Jul 14, 2005 Listed $399,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 936
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,260
  • Total Building Area: 1,880
  • Gross Building Area: 3,452
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 9929
  • Parcel: METH M:00312 B:00131 L:00023
  • Block: 131
  • Lot: 23
  • Municipality: METHUEN
  • Latitude: 42.7256
  • Longitude: -71.2306

    Address

  • Full Address: 3 Pearl St
  • Address - House Number: 3
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1403
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $571,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 597,391
  • High Value: 691,752
  • Low Value: 503,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,800
  • Assessed Land Value: $171,000
  • Assessed Improvements Value: $317,800

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19368
  • Previous Sale Recording Date: Aug 16, 2005
  • Previous Sale Amount: $399,900
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2186 ft²

Average Home Age

58.3 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

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: 6 months ago
Data Source: MLS PIN, MLS# 70226022

Frequently Asked Questions

When was property at 3 Pearl Street built and last sold?
The property at 3 Pearl Street was built in 2005 and last sold on Jun 11, 2021 for $580,000.
How much is this home worth?
The estimated value of the home located at 3 Pearl Street is $554,900.
What are some comparable homes to 3 Pearl Street?
There are currently no comparable homes to 3 Pearl Street.
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