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Methuen Town 01844
360 Forest Street
$415,000
● House - Off Market

360 Forest Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,435 Ft²
$701,487
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Spacious, Inside & Outside.  Tri-Level home located on a 1.7 acre private lot abutting property with horse stables.  Large living room with cathedral ceiling/skylights & stone fireplace, large bedrooms, lots of hardwood floors. partially finished bsmt with 2nd fireplace makes the perfect man cave! Beautiful 3 season room overlooking the huge backyard, detached garage with additional storage. Newer roof, windows, heating-A/C, kitchen.  A wonderful home for entertaining and conveniently located. A must see!!!
Unit Size
2,435 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$181
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1970

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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 #72197375)

Price History

Date / Event Date Event Price
Dec 27, 2021 Sold
Premium
Sold
Nov 8, 2021 Listed by Connie Doto Realty Group $597,672
Listed by Connie Doto Realty Group
Aug 31, 2017 Sold
Premium
Sold
Jul 13, 2017 Listed by Connie Doto Realty Group $439,900
Listed by Connie Doto Realty Group
Sep 30, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,711
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 2,435
  • Gross Building Area: 3,829
  • Building Area: 2,435
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,435
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001700
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 5771
  • Parcel: METH M:00315 B:00129B L:00028A
  • Block: 129B
  • Lot: 28A
  • Municipality: METHUEN
  • Latitude: 42.7163
  • Longitude: -71.2215

    Address

  • Full Address: 360 Forest St
  • Address - House Number: 360
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1938
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $696,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.157
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 710,800
  • High Value: 822,455
  • Low Value: 599,145

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $595,500
  • Assessed Land Value: $251,100
  • Assessed Improvements Value: $344,400

    Sales

  • Current Sale Contract Date: Dec 27, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126382
  • Previous Sale Recording Date: Aug 31, 2017
  • Previous Sale Contract Date: Aug 09, 2017
  • Previous Sale Amount: $415,000
  • 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

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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 months ago
Data Source: MLS PIN, MLS# 72197375

Frequently Asked Questions

When was property at 360 Forest Street built and last sold?
The property at 360 Forest Street was built in 1970 and last sold on Dec 27, 2021 for $610,000.
How much is this home worth?
The estimated value of the home located at 360 Forest Street is $624,671.
What are some comparable homes to 360 Forest Street?
There are currently no comparable homes to 360 Forest Street.
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