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Methuen Town 01844
31 Milk St
Photo of 31 Milk St

19

Map

Photo of 31 Milk St
Photo of 31 Milk St
$529,900
↓ $20K (3.7%)
● House - For Sale

31 Milk St

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,276 Ft²
Upcoming Open House
2PM - 3PM, Sat, Nov 7 -
Book now
$3,006
Est. Monthly

About This Property

Discover this beautifully maintained home in a peaceful and highly desirable Methuen neighborhood near the Loop. Featuring a spacious living area, a bright, well-appointed kitchen, a garage, a private yard, and two full bathrooms, also offers comfortable rooms designed for everyday living and relaxation. Potential third bedroom in the basement. Ideally located near shopping, dining, and entertainment, this property combines comfort and convenience. A wonderful opportunity you won't want to miss.
Unit Size
1,276 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$415
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1910

Listed By

Luis Sanchez Martinez
LAER Realty Partners

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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 days ago (MLSPIN #73592530)

Price History

Date / Event Date Event Price
Nov 1, 2026 Price Decreased $529,900
↓ $20K (3.7%)
Price Decreased
Oct 19, 2026 Listed by LAER Realty Partners $550,000
Listed by LAER Realty Partners
Feb 14, 2020 Sold
Premium
Sold
Sep 18, 2019 Listed by LAER Realty Partners $319,900
Listed by LAER Realty Partners
Mar 30, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Garage Door Opener, Paved, Off Street, Driveway, Paved
Garage Spaces: 1
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 2
Interior Features: Internet Available - Broadband
Appliances: Gas Water Heater, Dishwasher, Refrigerator, Washer/Dryer
Flooring Type: Wood, Tile
Laundry Features: In Basement, Lighting - Overhead
Rooms: 6
Basement: Full, Walk-Out Access, Concrete
Exterior Details
Square Footage: 1276
Security Features: Security System
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1910
Building Area Total: 1276
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4495
Water Source: Public
Financial Details
Tax Assessed Value: $466,100
Tax Annual Amount: $4,847
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • 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: 819
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,495
  • Total Building Area: 1,276
  • Gross Building Area: 2,561
  • Building Area: 1,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 12282
  • Parcel: METH M:00914 B:00099 L:00091
  • Block: 99
  • Lot: 91
  • Municipality: METHUEN
  • Latitude: 42.7298
  • Longitude: -71.1568

    Address

  • Full Address: 31 Milk St
  • Address - House Number: 31
  • Address - Street Name: Milk
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 5180
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,300

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 460,838
  • High Value: 547,229
  • Low Value: 374,448

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,200
  • Assessed Land Value: $154,800
  • Assessed Improvements Value: $204,400

    Sales

  • Current Sale Contract Date: Oct 15, 2019
  • Current Sale Recording Date: Feb 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3754
  • Previous Sale Recording Date: Mar 30, 2004
  • Previous Sale Amount: $242,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2214 ft²

Average Home Age

58.1 years

Currently For Sale

65 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 days ago
Data Source: MLS PIN, MLS# 73592530

Frequently Asked Questions

When was property at 31 Milk Street built and last sold?
The property at 31 Milk Street was built in 1910 and last sold on Oct 15, 2019 for $327,000.
How much is this home worth?
The estimated value of the home located at 31 Milk Street is $525,410.
What are some comparable homes to 31 Milk Street?
There are currently no comparable homes to 31 Milk Street.
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