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Methuen Town 01844
3 Winchester Street
$381,500
● House - Off Market

3 Winchester Street

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$900,398
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

NEW CONSTRUCTION IN THE MARSH SCHOOL DISTRICT. FOUR BDMRS, , 2.5 BATHS, IST FLOOR MASTER SUITE.FIREPLACED FAMILY ROOM. 2 CAR ATT. GARAGE. FARMER'S PORCH. ALL ON A NICE LEVEL LOT.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$160
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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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 #30634167)

Price History

Date / Event Date Event Price
Sep 26, 2003 Sold
Premium
Sold
Aug 7, 2002 Listed by Century 21 McLennan & Company $399,900
Listed by Century 21 McLennan & Company

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,528
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,280
  • Total Building Area: 2,187
  • Gross Building Area: 5,700
  • Building Area: 2,187
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,187
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • 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: 7593
  • Parcel: METH M:00318 B:00165A L:00074
  • Block: 165A
  • Lot: 74
  • Municipality: METHUEN
  • Latitude: 42.6979
  • Longitude: -71.2264

    Address

  • Full Address: 3 Winchester Ave
  • Address - House Number: 3
  • Address - Street Name: Winchester
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 2233
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $706,100

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 753,604
  • High Value: 869,066
  • Low Value: 638,142

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $603,500
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $418,000

    Sales

  • Current Sale Recording Date: Sep 26, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 84457
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

52

Average Home Size

2157 ft²

Average Home Age

54.7 years

Currently For Sale

73 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# 30634167

Frequently Asked Questions

When was property at 3 Winchester Street built and last sold?
The property at 3 Winchester Street was built in 2002 and last sold on Jan 1, 1970 for $381,500.
How much is this home worth?
The estimated value of the home located at 3 Winchester Street is $0.
What are some comparable homes to 3 Winchester Street?
There are currently no comparable homes to 3 Winchester Street.
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