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Methuen Town 01844
3 Peaslee Ter
$260,000
● House - Off Market

3 Peaslee Ter

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,333 Ft²
$424,800
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Come see this well cared for home on a quiet, tree-lined street. A light and bright entryway entryway leads to an oversized living room with a fireplace/coal stove and picture window. The open kitchen is fully applianced, featuring built-in storage, updated counter tops, and a slider leading to the back deck. The first floor master bedroom is generously sized and features a half-bath. Upstairs boasts two generously sized bedrooms and a large full bathroom with tile shower and convenient built-in storage. The picturesque yard wraps around with plenty of space to play/roam. This home has been lovingly cared for by the same family for over 50 years, featuring a young roof, vinyl windows, gas heat, and a great floor-plan. This is a real gem begging for your finishing touches.
Unit Size
1,333 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$210
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1935

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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: 5 months ago (MLSPIN #72406668)

Price History

Date / Event Date Event Price
Nov 29, 2018 Sold
Premium
Sold
Oct 5, 2018 Listed by Century 21 McLennan & Company $279,900
Listed by Century 21 McLennan & Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 675
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,958
  • Total Building Area: 1,333
  • Gross Building Area: 2,360
  • Building Area: 1,333
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,333
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • 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: RG

Geography

  • Account Number: 14309
  • Parcel: METH M:00612 B:00124 L:00077
  • Block: 124
  • Lot: 77
  • Municipality: METHUEN
  • Latitude: 42.7267
  • Longitude: -71.1942

    Address

  • Full Address: 3 Peaslee Ter
  • Address - House Number: 3
  • Address - Street Name: Peaslee
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C032
  • 4-Digit Zip Code: 2948
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $422,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 466,991
  • High Value: 540,754
  • Low Value: 393,227

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,700
  • Assessed Land Value: $167,900
  • Assessed Improvements Value: $192,800

    Sales

  • Current Sale Recording Date: Nov 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28830
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

2213 ft²

Average Home Age

53.3 years

Currently For Sale

78 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: 5 months ago
Data Source: MLS PIN, MLS# 72406668

Frequently Asked Questions

When was property at 3 Peaslee Terrace built and last sold?
The property at 3 Peaslee Terrace was built in 1935 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 3 Peaslee Terrace is $289,524.
What are some comparable homes to 3 Peaslee Terrace?
There are currently no comparable homes to 3 Peaslee Terrace.
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