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Methuen Town 01844
3 Westwind Drive
$295,000
● House - Off Market

3 Westwind Drive

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,804 Ft²
$802,036
RealtyHop Estimate
171.97%
Since Jul 1, 2001
National-US
Primary Model

About This Property

SIX YR YNG GARRISON IN ESTATISH WEST METHUEN NGHBRHD.22X11 GORGEOUS KIT.W/LIGHT WD CAB;BRKFST BAR,1ST FL LNDRY,NICELY FIN. BSMNT,LIGHT CARPET,LIGHT PINE 1/2 WALL,MAST.BR PRIV.BA WALKIN CLOSET,WALKUP ATTIC,FORMAL DR,LR W/BRICK FP.SLIDERS *
Unit Size
1,804 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$163
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1995

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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 years ago (MLSPIN #30498325)

Price History

Date / Event Date Event Price
Jun 15, 2001 Sold
Premium
Sold
Apr 26, 2001 Listed $294,900
Listed
May 30, 1995 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,999
  • Total Building Area: 2,334
  • Gross Building Area: 3,204
  • Building Area: 2,334
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,334
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 10324
  • Parcel: METH M:00315 B:00129B L:00015G
  • Block: 129B
  • Lot: 15G
  • Municipality: METHUEN
  • Latitude: 42.711
  • Longitude: -71.2272

    Address

  • Full Address: 3 Westwind Dr
  • Address - House Number: 3
  • Address - Street Name: Westwind
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R002
  • 4-Digit Zip Code: 1959
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $652,200

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 687,586
  • High Value: 805,322
  • Low Value: 569,849

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,400
  • Assessed Land Value: $212,500
  • Assessed Improvements Value: $344,900

    Sales

  • Current Sale Recording Date: Jun 15, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 30, 1995
  • Previous Sale Amount: $175,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30498325

Frequently Asked Questions

When was property at 3 Westwind Drive built and last sold?
The property at 3 Westwind Drive was built in 1995 and last sold on Jan 1, 1970 for $294,500.
How much is this home worth?
The estimated value of the home located at 3 Westwind Drive is $0.
What are some comparable homes to 3 Westwind Drive?
There are currently no comparable homes to 3 Westwind Drive.
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