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Methuen Town 01844
30 Dracut St
$235,000
● House - Off Market

30 Dracut St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
816 Ft²
$367,456
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Located just 5 minutes from the highway (Rt. 93) This ranch is full of potential! With 5 total rooms: three bedrooms and one bathroom.  This 816 sqft. home sits on over three acres of land. You will have convenient access to New Hampshire and the tax-free shopping! This is a great property settled in a very desirable location in West-Methuen.  See Firm Remarks and disclosures.
Unit Size
816 Ft²
Days on Market
-
Land Size
3.36 acres
Price per sqft
$319
Property Type
House
Property Taxes
$311
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: 4 months ago (MLSPIN #72591048)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 11, 2020 Sold
Premium
Sold
Nov 11, 2019 Listed by LAER Realty Partners $260,000
Listed by LAER Realty 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: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 90,605
  • Total Building Area: 816
  • Gross Building Area: 1,632
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 816
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002080
  • 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: 252202

Zoning

  • Zoning: RR

Geography

  • Account Number: 2267
  • Parcel: METH M:00114 B:00128 L:00014A
  • Block: 128
  • Lot: 14A
  • Municipality: METHUEN
  • Latitude: 42.7221
  • Longitude: -71.2507

    Address

  • Full Address: 30 Dracut St
  • Address - House Number: 30
  • Address - Street Name: Dracut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1302
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,800

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 394,628
  • High Value: 463,246
  • Low Value: 326,011

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,800
  • Assessed Land Value: $242,300
  • Assessed Improvements Value: $122,500

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9734
  • Previous Sale Recording Date: May 11, 2020
  • Previous Sale Contract Date: May 08, 2020
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: O
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

53

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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 months ago
Data Source: MLS PIN, MLS# 72591048

Frequently Asked Questions

When was property at 30 Dracut Street built and last sold?
The property at 30 Dracut Street was built in 1960 and last sold on Jun 23, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 30 Dracut Street is $261,389.
What are some comparable homes to 30 Dracut Street?
There are currently no comparable homes to 30 Dracut Street.
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