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Methuen Town 01844
35 Sevoian Dr
Photo of 35 Sevoian Dr
Sold on Jun 20, 2025

37

Map

Photo of 35 Sevoian Dr
Photo of 35 Sevoian Dr
$705,000
● House - Off Market

35 Sevoian Dr

Methuen, MA 01844
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,606 Ft²
$3,680
Est. Monthly
8.84%
Cap Rate

About This Property

***MULTIPLE OFFERS OVER ASKING, OFFERS DUE MONDAY 5/26 2PM!*** WOW, RARE OPPORTUNITY! HIGHLY SOUGHT AFTER TREE-LINED STREET, MARSH SCHOOL DISTRICT! LOCATION, PRIVACY, SPACE! STUNNING 0.46 acre wooded lot.  Primary suite/"in-law/apt?": Built 2014 w/permits, balcony facing backyard, bedroom, walk-in closet, living/dining/kitchen, laundry room, separate entrance OR interior access. FIRST FLOOR: Kitchen, DINING ROOM, FRONT TO BACK LIVING ROOM, half bath, breezeway. *STORAGE: GARAGE plus 6 driveway spaces.  BASEMENT: OPEN est. 864 sqft, HIGHER CEILINGS & half bath. TWO pull down attics, 9 closets, shed.* Peaceful wind through trees & SUNSETS in backyard oasis. New deck (2025).  Fenced in area. 2014 UPGRADES: WINDOWS, ROOF, VINYL SIDING! Loved by SAME family since designed & built! Surrounding streets mostly cul-de-sacs & dead-end streets. Separate electric service for generator. City water/sewer.
Unit Size
2,606 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$246
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1977

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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: 2 years ago (MLSPIN #73377985)

Price History

Date / Event Date Event Price
Jun 20, 2025 Sold
Premium
Sold
May 30, 2025 In contract -
In contract
May 20, 2025 Listed $639,900
Listed
Jul 23, 2014 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,033
  • Total Building Area: 2,606
  • Gross Building Area: 4,191
  • Building Area: 2,606
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,606
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: RB

Geography

  • Account Number: 13173
  • Parcel: METH M:00312 B:00126A L:0066BB
  • Block: 126A
  • Lot: 66BB
  • Municipality: METHUEN
  • Latitude: 42.7315
  • Longitude: -71.2249

    Address

  • Full Address: 35 Sevoian Dr
  • Address - House Number: 35
  • Address - Street Name: Sevoian
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1535
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $617,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 657,035
  • High Value: 771,702
  • Low Value: 542,368

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,100
  • Assessed Land Value: $200,100
  • Assessed Improvements Value: $328,000

    Sales

  • Current Sale Recording Date: Jul 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15700
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

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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: 2 years ago
Data Source: MLS PIN, MLS# 73377985

Frequently Asked Questions

When was property at 35 Sevoian Drive built and last sold?
The property at 35 Sevoian Drive was built in 1977 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 35 Sevoian Drive is $0.
What are some comparable homes to 35 Sevoian Drive?
There are currently no comparable homes to 35 Sevoian Drive.
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