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Methuen Town 01844
LOT 4 Columbus Avenue
$188,000
● House - Off Market

LOT 4 Columbus Avenue

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$586,926
RealtyHop Estimate
215.72%
Since Sep 1, 1999
National-US
Primary Model

About This Property

INTRODUCING "COLUMBUS RIDGE" 4 NEW HOMES. INCLUDES 4 BEROOMS, 2.5 BATHS, 2CAR GARAGE, FORMAL LIVING AND DINING, DECK, APPROX 1800 FT OF LIVING SPACE, GENEROUS ALLOWANCES, QUALTIY CONSTRUCTION, MORE. DON'T WAIT.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$103
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

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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 years ago (MLSPIN #30175406)

Price History

Date / Event Date Event Price
Mar 31, 2017 Sold
Premium
Sold
Dec 15, 2016 Sold
Premium
Sold
Aug 23, 1999 Sold
Premium
Sold
Jul 18, 1997 Listed $185,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 526
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,373
  • Gross Building Area: 1,748
  • Building Area: 1,373
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,373
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252601

Zoning

  • Zoning: MA

Geography

  • Account Number: 9980
  • Parcel: METH M:01210 B:00110E L:00032
  • Block: 110E
  • Lot: 32
  • Municipality: METHUEN
  • Latitude: 42.7423
  • Longitude: -71.1215

    Address

  • Full Address: 4 Christopher Dr
  • Address - House Number: 4
  • Address - Street Name: Christopher
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: C026
  • 4-Digit Zip Code: 6557
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $369,600

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 389,996
  • High Value: 461,806
  • Low Value: 318,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,900
  • Assessed Improvements Value: $315,900

    Sales

  • Current Sale Recording Date: Mar 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8070
  • Previous Sale Recording Date: Dec 15, 2016
  • Previous Sale Amount: $158,000
  • 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

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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 years ago
Data Source: MLS PIN, MLS# 30175406

Frequently Asked Questions

When was property at 4 Columbus Avenue built and last sold?
The property at 4 Columbus Avenue was built in 1985 and last sold on Jan 1, 1970 for $235,000.
How much is this home worth?
The estimated value of the home located at 4 Columbus Avenue is $0.
What are some comparable homes to 4 Columbus Avenue?
There are currently no comparable homes to 4 Columbus Avenue.
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