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Methuen Town 01844
32 Brook St
$389,900
● House - Off Market

32 Brook St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,078 Ft²
$570,723
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Meticulous, turn-key 3 bedroom ranch with central air-conditioning, gas fireplace, hardwood floors, newer heating system, newer roof and electrical panel. Large master bedroom with 2 double closets and ceiling fan. Spacious deck made with composite material and gas line for grill use.  Large lower level basement with walkout to back yard is finished with exception of ceiling. 2 Car garage.  Conveniently located in Holy Family Hospital area.  (See attached list of updates).
Unit Size
2,078 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$188
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1955

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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 #72557357)

Price History

Date / Event Date Event Price
Nov 21, 2019 Sold
Premium
Sold
Sep 2, 2019 Listed by McKeon / Corcoran Real Estate $389,900
Listed by McKeon / Corcoran Real Estate
Nov 30, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 1,484
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,244
  • Total Building Area: 2,078
  • Gross Building Area: 5,528
  • Building Area: 2,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,078
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000327
  • 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: 252501

Zoning

  • Zoning: RD

Geography

  • Account Number: 1672
  • Parcel: METH M:00814 B:00095 L:00005B
  • Block: 95
  • Lot: 5B
  • Municipality: METHUEN
  • Latitude: 42.7284
  • Longitude: -71.1646

    Address

  • Full Address: 32 Brook St
  • Address - House Number: 32
  • Address - Street Name: Brook
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C045
  • 4-Digit Zip Code: 4950
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 551,234
  • High Value: 638,304
  • Low Value: 464,164

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,300
  • Assessed Land Value: $178,200
  • Assessed Improvements Value: $245,100

    Sales

  • Current Sale Contract Date: Nov 20, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29472
  • Previous Sale Recording Date: Nov 30, 1990
  • Previous Sale Amount: $148,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72557357

Frequently Asked Questions

When was property at 32 Brook Street built and last sold?
The property at 32 Brook Street was built in 1955 and last sold on Nov 20, 2019 for $389,900.
How much is this home worth?
The estimated value of the home located at 32 Brook Street is $410,782.
What are some comparable homes to 32 Brook Street?
There are currently no comparable homes to 32 Brook Street.
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