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Methuen Town 01844
34 Arnold Street
$345,000
● House - Off Market

34 Arnold Street

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,356 Ft²
$457,422
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Just absolutely  adorable.  Come see this well kept cape with 2 huge bedrooms, 1.5 baths, updated windows, young roof, fabulous and funky back garden, completely fenced in yard for your furry friends and a beautiful sunroom with lots of light from the many windows.  Charm everywhere you look. Hardwood floors throughout except baths, tons of closet space, built-ins, partially finished basement with garage access. Mass save improvements. Economical gas heat, newer system and instant hot water heater. The new Methuen Rail Trail is steps away and this home is in the Marsh School District. For the price of a condo you can have your own home! Offers due Monday June 1st by 5pm.  Allow 24 hours for seller response.
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$243
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1927

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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 #72664064)

Price History

Date / Event Date Event Price
Jul 17, 2020 Sold
Premium
Sold
May 29, 2020 Listed by RE/MAX Partners $329,900
Listed by RE/MAX Partners
Dec 16, 2016 Sold
Premium
Sold
Oct 27, 2016 Listed by RE/MAX Partners $269,900
Listed by RE/MAX Partners
Jan 8, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 912
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,493
  • Gross Building Area: 2,544
  • Building Area: 1,493
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,493
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 10117A
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 4414
  • Parcel: METH M:00614 B:00139B L:00012
  • Block: 139B
  • Lot: 12
  • Municipality: METHUEN
  • Latitude: 42.7215
  • Longitude: -71.1898

    Address

  • Full Address: 34 Arnold St
  • Address - House Number: 34
  • Address - Street Name: Arnold
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 3627
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,000

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 468,136
  • High Value: 555,895
  • Low Value: 380,377

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,600
  • Assessed Land Value: $141,900
  • Assessed Improvements Value: $201,700

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122507
  • Previous Sale Recording Date: Dec 16, 2016
  • Previous Sale Contract Date: Dec 16, 2016
  • Previous Sale Amount: $269,900
  • 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

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# 72664064

Frequently Asked Questions

When was property at 34 Arnold Street built and last sold?
The property at 34 Arnold Street was built in 1927 and last sold on Jul 13, 2020 for $345,000.
How much is this home worth?
The estimated value of the home located at 34 Arnold Street is $340,434.
What are some comparable homes to 34 Arnold Street?
There are currently no comparable homes to 34 Arnold Street.
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