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Methuen Town 01844
38 East Brook Place
$221,500
● House - Off Market

38 East Brook Place

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,870 Ft²
$572,621
RealtyHop Estimate
149.07%
Since Aug 1, 2002
National-US
Primary Model

About This Property

LG DUTCH COLONIAL W/4 BEDROOM, BIG LIVING ROOM WITH FIREPLACE BUILT-IN CABINETS IN DR, KITCHEN HAS PLENTY OF CABINETS. 2ND FLOOR BEDROOMS W/SKYLITES, ONE CAR GARAGE DETACHED WITH NICE FRONT PORCH.
Unit Size
1,870 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$123
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #30608865)

Price History

Date / Event Date Event Price
Sep 20, 2021 Sold
Premium
Sold
Jun 21, 2021 Listed by Century 21 McLennan & Company $445,000
Listed by Century 21 McLennan & Company
Aug 2, 2002 Sold
Premium
Sold
May 17, 2002 Listed by Century 21 McLennan & Company $229,900
Listed by Century 21 McLennan & Company
Oct 31, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,199
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,310
  • Total Building Area: 1,631
  • Gross Building Area: 3,878
  • Building Area: 1,631
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,631
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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: RG

Geography

  • Account Number: 5859
  • Parcel: METH M:00816 B:00046 L:00011
  • Block: 46
  • Lot: 11
  • Municipality: METHUEN
  • Latitude: 42.7225
  • Longitude: -71.1683

    Address

  • Full Address: 38 Eastbrook Pl
  • Address - House Number: 38
  • Address - Street Name: Eastbrook
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Methuen
  • Carrier Code: C045
  • 4-Digit Zip Code: 4962
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $440,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 484,370
  • High Value: 560,879
  • Low Value: 407,862

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,800
  • Assessed Land Value: $143,700
  • Assessed Improvements Value: $233,100

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31236
  • Previous Sale Recording Date: Aug 02, 2002
  • Previous Sale Amount: $221,500
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2168 ft²

Average Home Age

56.3 years

Currently For Sale

66 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

Currently no nearby rentals
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30608865

Frequently Asked Questions

When was property at 38 East Brook Place built and last sold?
The property at 38 East Brook Place was built in 1920 and last sold on Sep 20, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 38 East Brook Place is $439,979.
What are some comparable homes to 38 East Brook Place?
There are currently no comparable homes to 38 East Brook Place.
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