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Methuen Town 01844
411 Oak St
$445,000
● House - Off Market

411 Oak St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,401 Ft²
$428,301
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

LOCATION LOCATION LOCATION! This 3 bedroom 2 bath Split Entry home is LOADED with potential. Located in a desirable area of Methuen close to shopping & highways! This home offers a spacious layout with natural light throughout. The main level features living room, dining area and kitchen providing an ideal space for entertaining family & friends. The 3 bedrooms offer comfortable living & closet space. Full bath on main level with an additional 3/4 bath in partially finished lower level. Although this home may require some cosmetic improvements, it presents an excellent opportunity to make this home your own. Situated on a LEVEL .23 acre LEVEL lot, this home is just waiting for its new owner! First OPEN HOUSE will be Sunday August 20th. 12-2 PM.
Unit Size
1,401 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$307
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1979

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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 months ago (MLSPIN #73149557)

Price History

Date / Event Date Event Price
Oct 11, 2023 Sold
Premium
Sold
Aug 24, 2023 In contract -
In contract
Aug 17, 2023 Listed by RE/MAX Innovative Properties $429,900
Listed by RE/MAX Innovative Properties
Jan 17, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,050
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,110
  • Total Building Area: 1,401
  • Gross Building Area: 2,292
  • Building Area: 1,401
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,401
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 2186
  • Parcel: METH M:01012 B:00108 L:00004N
  • Block: 108
  • Lot: 4N
  • Municipality: METHUEN
  • Latitude: 42.7408
  • Longitude: -71.1475

    Address

  • Full Address: 411 Oak St
  • Address - House Number: 411
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 7431
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,100

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 489,040
  • High Value: 580,717
  • Low Value: 397,363

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,800
  • Assessed Land Value: $154,200
  • Assessed Improvements Value: $241,600

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16851
  • Previous Sale Recording Date: Jan 17, 2008
  • Previous Sale Amount: $120,000
  • 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

$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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73149557

Frequently Asked Questions

When was property at 411 Oak Street built and last sold?
The property at 411 Oak Street was built in 1979 and last sold on Oct 10, 2023 for $445,000.
How much is this home worth?
The estimated value of the home located at 411 Oak Street is $436,566.
What are some comparable homes to 411 Oak Street?
There are currently no comparable homes to 411 Oak Street.
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