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Methuen Town 01844
41 Edgewood Ave
$327,500
● House - Off Market

41 Edgewood Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,930 Ft²
$480,677
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Multiple offer situation; highest and best offers due by 5PM EST on 12/3/19. Endearing home, features two three-season rooms and generous sized master bedroom. Spacious, eat-in kitchen with pantry and neutral decor with warm tones. New heating system added in 2018. Enclosed porch looks out over backyard with in-ground pool perfect for relaxing and entertaining. The ideal blend of charm, comfort and convenience, this home is located close to the downtown area, shopping, schools and major commuter routes. This listing is provided as a convenience to the Buyer. Buyer and/or Buyer's agent to verify all information prior to making an offer. Room dimensions are approximate.
Unit Size
1,930 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$171
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #72592328)

Price History

Date / Event Date Event Price
Jan 16, 2020 Sold
Premium
Sold
Nov 14, 2019 Listed by Coco, Early & Associates $329,900
Listed by Coco, Early & Associates
Dec 29, 2005 Sold
Premium
Sold
Jul 6, 2005 Listed by Coco, Early & Associates $334,900
Listed by Coco, Early & Associates
Sep 26, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 972
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,930
  • Gross Building Area: 2,686
  • Building Area: 1,930
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,930
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 1217
  • Parcel: METH M:00614 B:00134 L:00088
  • Block: 134
  • Lot: 88
  • Municipality: METHUEN
  • Latitude: 42.7238
  • Longitude: -71.1971

    Address

  • Full Address: 41 Edgewood Ave
  • Address - House Number: 41
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2917
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,600

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 515,427
  • High Value: 609,126
  • Low Value: 421,728

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,600
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $202,600

    Sales

  • Current Sale Contract Date: Jan 16, 2020
  • Current Sale Recording Date: Jan 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1130
  • Previous Sale Recording Date: Dec 29, 2005
  • Previous Sale Amount: $300,000
  • 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

$327

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72592328

Frequently Asked Questions

When was property at 41 Edgewood Avenue built and last sold?
The property at 41 Edgewood Avenue was built in 1925 and last sold on Jan 16, 2020 for $327,500.
How much is this home worth?
The estimated value of the home located at 41 Edgewood Avenue is $347,363.
What are some comparable homes to 41 Edgewood Avenue?
There are currently no comparable homes to 41 Edgewood Avenue.
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