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Methuen Town 01844
4 Rossi St
$450,000
● House - Off Market

4 Rossi St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$608,403
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Welcome Home! Beautiful 4 Bedroom, 2 Bath Split Entry with room for the whole family. Step inside to the sun splashed living room, spacious kitchen and dining area with access to the screened in Porch.   Down the hall you will find a full bathroom and 3 bedrooms. Lower level provides even more living space with 4th bedroom and additional living area with cedar closet!  Central AC, Central Vacuum and 2 Car garage built 2 years ago. Large yard includes 2 year old shed and paved driveway with ample parking. Close to major routes & "Loop" shopping area. Minutes from "Tax Free" Salem NH Shopping.  No Showings till after Open House on Sunday 9/27 from 1-3.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$225
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1980

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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: 5 years ago (MLSPIN #72732928)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 25, 2020 Listed by Neighborhood Assistance $459,000
Listed by Neighborhood Assistance
Oct 25, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,144
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,488
  • Total Building Area: 2,040
  • Gross Building Area: 2,868
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000333
  • 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: MA

Geography

  • Account Number: 4728
  • Parcel: METH M:00810 B:00077A L:00068
  • Block: 77A
  • Lot: 68
  • Municipality: METHUEN
  • Latitude: 42.7454
  • Longitude: -71.1704

    Address

  • Full Address: 4 Rossi St
  • Address - House Number: 4
  • Address - Street Name: Rossi
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C038
  • 4-Digit Zip Code: 3231
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 625,822
  • High Value: 724,674
  • Low Value: 526,971

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,200
  • Assessed Land Value: $178,800
  • Assessed Improvements Value: $306,400

    Sales

  • Current Sale Contract Date: Nov 10, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32976
  • Previous Sale Recording Date: Oct 25, 2017
  • Previous Sale Amount: $344,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2150 ft²

Average Home Age

54.9 years

Currently For Sale

74 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: 5 years ago
Data Source: MLS PIN, MLS# 72732928

Frequently Asked Questions

When was property at 4 Rossi Street built and last sold?
The property at 4 Rossi Street was built in 1980 and last sold on Nov 10, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 4 Rossi Street is $472,602.
What are some comparable homes to 4 Rossi Street?
There are currently no comparable homes to 4 Rossi Street.
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