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Methuen Town 01844
39 Hampstead St
$494,000
● House - Off Market

39 Hampstead St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,928 Ft²
$437,258
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Charming 3-bed ranch on just under 1/2 acre, waiting for you to build some sweat equity and make it your own. Features a breezeway, 1-car garage, and excellent location: 30 min North of Boston, 30 min West of the  Atlantic Ocean, and 60 mins from the White Mountains.  Come and take look, Offers due Monday July 10, 2023 @ 12:00
Unit Size
1,928 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$228
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #73132152)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 11, 2023 In contract -
In contract
Jul 5, 2023 Listed by Century 21 McLennan & Company $439,721
Listed by Century 21 McLennan & Company
Aug 29, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 1,008
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,713
  • Total Building Area: 1,928
  • Gross Building Area: 2,495
  • Building Area: 1,928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,928
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000476
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 4284
  • Parcel: METH M:00808 B:00075 L:00001B
  • Block: 75
  • Lot: 1B
  • Municipality: METHUEN
  • Latitude: 42.7636
  • Longitude: -71.1737

    Address

  • Full Address: 39 Hampstead St
  • Address - House Number: 39
  • Address - Street Name: Hampstead
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1709
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 506,634
  • High Value: 592,405
  • Low Value: 420,862

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,700
  • Assessed Land Value: $193,700
  • Assessed Improvements Value: $204,000

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13430
  • Previous Sale Recording Date: Aug 29, 2003
  • Previous Sale Amount: $375,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73132152

Frequently Asked Questions

When was property at 39 Hampstead Street built and last sold?
The property at 39 Hampstead Street was built in 1960 and last sold on Aug 18, 2023 for $494,000.
How much is this home worth?
The estimated value of the home located at 39 Hampstead Street is $458,984.
What are some comparable homes to 39 Hampstead Street?
There are currently no comparable homes to 39 Hampstead Street.
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