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Methuen Town 01844
38 Deborah Ave
$325,000
● House - Off Market

38 Deborah Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,087 Ft²
$497,839
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Open House Sunday May 19 from 2:00 - 4:00.  Great three bedroom ranch home is set on a beautiful corner lot.  Huge living room along back of house walks out onto a large private rear deck.  Lush green lawn, mature beautiful maples in backyard.  Efficient pellet stove in living room cut heating costs to about $700 last winter.  Plenty of parking on paved driveway.  Large powered storage shed for all outdoor needs and equipment.  Finished basement has numerous additional rooms- including an office, music studio, family room and a full bath with jetted tub and laundry.  Set on in a desirable quiet street yet only minutes to 93.
Unit Size
2,087 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$163
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1965

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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 #72502663)

Price History

Date / Event Date Event Price
Oct 11, 2019 Sold
Premium
Sold
May 17, 2019 Listed by Stone Ridge Properties, Inc. $339,900
Listed by Stone Ridge Properties, Inc.
Jun 7, 2007 Sold
Premium
Sold
Jan 16, 2007 Listed by Stone Ridge Properties, Inc. $269,900
Listed by Stone Ridge Properties, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 1,310
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,023
  • Total Building Area: 2,087
  • Gross Building Area: 3,064
  • Building Area: 2,087
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,087
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: RD

Geography

  • Account Number: 1236
  • Parcel: METH M:00614 B:00150 L:00010K
  • Block: 150
  • Lot: 10K
  • Municipality: METHUEN
  • Latitude: 42.7161
  • Longitude: -71.1931

    Address

  • Full Address: 38 Deborah Ave
  • Address - House Number: 38
  • Address - Street Name: Deborah
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3504
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $449,600

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 491,600
  • High Value: 582,669
  • Low Value: 400,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,300
  • Assessed Land Value: $172,900
  • Assessed Improvements Value: $211,400

    Sales

  • Current Sale Contract Date: Oct 11, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25351
  • Previous Sale Recording Date: Jun 07, 2007
  • Previous Sale Amount: $258,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72502663

Frequently Asked Questions

When was property at 38 Deborah Avenue built and last sold?
The property at 38 Deborah Avenue was built in 1965 and last sold on Oct 11, 2019 for $325,000.
How much is this home worth?
The estimated value of the home located at 38 Deborah Avenue is $358,200.
What are some comparable homes to 38 Deborah Avenue?
There are currently no comparable homes to 38 Deborah Avenue.
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