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Methuen Town 01844
31 Partridge Rd
$526,000
● House - Off Market

31 Partridge Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,717 Ft²
$498,636
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Move in ready Methuen home just waiting for it's new owners! Enter into the inviting, open floor plan with brand new carpeting on the entire top floor. The dining room slider opens to a covered porch overlooking a large fenced in yard with lots of room for outdoor activities. Kitchen has an eat in dinning nook and white cabinets with black appliances. All bedrooms are on the main floor with fresh carpet. Primary bedroom has a private half bath. Large family room on the lower level with a stone fireplace, built in bookshelf and a bar area. Large storage laundry utility room with exterior access. Water tank one year old, roof replaced in 2018, installed new garage door in 2020. Convenient neighborhood close to highways and the Loop! Schedule your showing today!
Unit Size
1,717 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$291
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #73128447)

Price History

Date / Event Date Event Price
Jul 26, 2023 Sold
Premium
Sold
Jun 28, 2023 In contract -
In contract
Jun 22, 2023 Listed by Classified Realty Group $500,000
Listed by Classified Realty Group

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 19
  • Exterior Walls Type: 18
  • 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: 1,094
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,071
  • Total Building Area: 1,717
  • Gross Building Area: 2,408
  • Building Area: 1,717
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,717
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 11757
  • Parcel: METH M:00912 B:00080 L:00032T
  • Block: 80
  • Lot: 32T
  • Municipality: METHUEN
  • Latitude: 42.7369
  • Longitude: -71.1607

    Address

  • Full Address: 31 Partridge Rd
  • Address - House Number: 31
  • Address - Street Name: Partridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 4626
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $478,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 524,912
  • High Value: 619,256
  • Low Value: 430,567

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,600
  • Assessed Land Value: $175,200
  • Assessed Improvements Value: $233,400

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11851
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

2190 ft²

Average Home Age

54.1 years

Currently For Sale

71 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# 73128447

Frequently Asked Questions

When was property at 31 Partridge Road built and last sold?
The property at 31 Partridge Road was built in 1974 and last sold on Jul 17, 2023 for $526,000.
How much is this home worth?
The estimated value of the home located at 31 Partridge Road is $509,862.
What are some comparable homes to 31 Partridge Road?
There are currently no comparable homes to 31 Partridge Road.
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