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Methuen Town 01844
41 Hampstead Street
$340,000
● House - Off Market

41 Hampstead Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,832 Ft²
$530,390
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

41 HAMPSTEAD STREET is a Meticulously Maintained 3 bed 2 full bath Ranch home in one of Methuen's desirable locations.  The sun filled first floor with gleaming hardwood floors offers the buyer a large living room/ dining room area. Kitchen with oak cabinets and pantry with an ample amount of storage, marble tiled counter tops and brand new stainless stove. Three large bedrooms with hardwood floors and recently updated main bath.  Bright family room to rear of home with hardwood flooring,  sliders leading to deck complete the main living area. Lower level with guest suite/au paire potential offers a 4th bedroom, additional family room, 3/4 bath, mud room and laundry area. Large fenced in yard with storage shed and ample space for parking. Home is move in ready and won't last long!!
Unit Size
1,832 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$191
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1960

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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 #72301922)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Oct 1, 2021 Sold
Premium
Sold
Aug 21, 2021 In contract -
In contract
Aug 18, 2021 Relisted $434,900
Relisted
Aug 11, 2021 In contract -
In contract
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,713
  • Total Building Area: 1,832
  • Gross Building Area: 2,250
  • Building Area: 1,832
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,832
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000476
  • 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: 5960
  • Parcel: METH M:00808 B:00075 L:00001C
  • Block: 75
  • Lot: 1C
  • Municipality: METHUEN
  • Latitude: 42.764
  • Longitude: -71.1739

    Address

  • Full Address: 41 Hampstead St
  • Address - House Number: 41
  • Address - Street Name: Hampstead
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1709
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 545,061
  • High Value: 644,147
  • Low Value: 445,975

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,700
  • Assessed Land Value: $193,700
  • Assessed Improvements Value: $207,000

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32900
  • Previous Sale Recording Date: Dec 30, 1998
  • Previous Sale Amount: $141,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

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 months ago
Data Source: MLS PIN, MLS# 72301922

Frequently Asked Questions

When was property at 41 Hampstead Street built and last sold?
The property at 41 Hampstead Street was built in 1960 and last sold on Oct 1, 2021 for $489,900.
How much is this home worth?
The estimated value of the home located at 41 Hampstead Street is $451,051.
What are some comparable homes to 41 Hampstead Street?
There are currently no comparable homes to 41 Hampstead Street.
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