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Methuen Town 01844
4 Brook Street
$410,000
● House - Off Market

4 Brook Street

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,532 Ft²
$583,724
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Back on Market!  Due to Buyer's inability to secure financing.  This oversized Cape is a commuters dream convenient to 93 495, and 213. This home features 4 bedrooms 2 full baths and a bonus first floor bedroom. Sliders from the living room leading to a private deck with a fenced in yard. Large kitchen with granite counters and tile floor which makes cooking a pleasure. Great option for extended family. Convenient to tax free NH, oceans and mountains.
Unit Size
2,532 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$164
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1955

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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 #72631158)

Price History

Date / Event Date Event Price
Jun 3, 2020 Sold
Premium
Sold
Mar 10, 2020 Listed by Connie Doto Realty Group $416,331
Listed by Connie Doto Realty Group

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,518
  • Total Building Area: 2,027
  • Gross Building Area: 2,740
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARRY AXELROD PROSPECT
  • Land Acres: 0000000173
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 13198
  • Parcel: METH M:00814 B:00089 L:00004
  • Block: 89
  • Lot: 4
  • Municipality: METHUEN
  • Latitude: 42.7305
  • Longitude: -71.1624

    Address

  • Full Address: 4 Brook St
  • Address - House Number: 4
  • Address - Street Name: Brook
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 5002
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $530,900

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 573,168
  • High Value: 677,363
  • Low Value: 468,972

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $453,800
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $291,800

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13304
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

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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# 72631158

Frequently Asked Questions

When was property at 4 Brook Street built and last sold?
The property at 4 Brook Street was built in 1955 and last sold on May 20, 2020 for $410,000.
How much is this home worth?
The estimated value of the home located at 4 Brook Street is $439,316.
What are some comparable homes to 4 Brook Street?
There are currently no comparable homes to 4 Brook Street.
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