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Methuen Town 01844
4 Mason Ave
$260,000
● House - Off Market

4 Mason Ave

Methuen, MA 01844
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,716 Ft²
$507,975
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

Nice starter home.  Some cosmetics needed.  Sold as is.  Pre-quals on all offers.  $2500 buyer bonus and $1000 selling broker bonus if closed by 3/20/2007. *** Any and all offers are contingent upon receipt of a fully executed and mutually acceptable P&S agreement.  Including any and all of the seller's addendums. The acceptance of good faith monies in escrow without an executed P&S Agreement does not bind the seller.
Unit Size
2,716 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$110
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1962

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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 #70475773)

Price History

Date / Event Date Event Price
Mar 30, 2007 Sold
Premium
Sold
Oct 16, 2006 Listed by New England Group Services Inc. $297,800
Listed by New England Group Services Inc.
Jun 30, 2004 Sold
Premium
Sold
May 2, 2004 Listed by New England Group Services Inc. $429,900
Listed by New England Group Services Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,358
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,182
  • Total Building Area: 2,716
  • Gross Building Area: 4,394
  • Building Area: 2,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,716
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000417
  • 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: 1597
  • Parcel: METH M:00709 B:00068B L:00090B
  • Block: 68B
  • Lot: 90B
  • Municipality: METHUEN
  • Latitude: 42.7499
  • Longitude: -71.1773

    Address

  • Full Address: 4 Mason Ave
  • Address - House Number: 4
  • Address - Street Name: Mason
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: R004
  • 4-Digit Zip Code: 2102
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557,400

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 752,878
  • High Value: 879,613
  • Low Value: 626,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,400
  • Assessed Land Value: $187,600
  • Assessed Improvements Value: $288,800

    Sales

  • Current Sale Recording Date: Mar 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 15533
  • Previous Sale Recording Date: Jun 30, 2004
  • Previous Sale Amount: $409,000
  • Previous Sale Document Type: 48
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

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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# 70475773

Frequently Asked Questions

When was property at 4 Mason Avenue built and last sold?
The property at 4 Mason Avenue was built in 1962 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 4 Mason Avenue is $300,285.
What are some comparable homes to 4 Mason Avenue?
There are currently no comparable homes to 4 Mason Avenue.
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