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Methuen Town 01844
42 Glen Ave
$316,000
● House - Off Market

42 Glen Ave

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$441,511
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Back on The Market For Mother's Day, Charming Oversize  4 Bedrooms Cape, First Floor Features The  Living Room, Eat-In Kitchen, 1 Full Bathroom and 2 Bedrooms, The Second Floor Features 2 Full Bedrooms and 1 Full Bath. Full Basement, 1 Car Garage and 4 additional Off Street Parking Spaces,  Beautiful 2 Tiered Fenced In Yard With Stonewall, Above Ground Pool and Lower Patio With Bonfire Pit. Convinient Location To  Route 93 & 110, Close To Schools and Business Center,  New Windows and Furnace. This is a Must See. Showings Saturday & Sunday By Appointments.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$234
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1940

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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 #72634969)

Price History

Date / Event Date Event Price
Jun 30, 2020 Sold
Premium
Sold
Mar 18, 2020 Listed by Century 21 North East $314,900
Listed by Century 21 North East
Aug 15, 2014 Sold
Premium
Sold
Feb 5, 2014 Listed by Century 21 North East $219,900
Listed by Century 21 North East

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,793
  • Total Building Area: 1,344
  • Gross Building Area: 2,328
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 11624
  • Parcel: METH M:00618 B:00160 L:00014
  • Block: 160
  • Lot: 14
  • Municipality: METHUEN
  • Latitude: 42.7018
  • Longitude: -71.1946

    Address

  • Full Address: 42 Glen Ave
  • Address - House Number: 42
  • Address - Street Name: Glen
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4812
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,200

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 467,948
  • High Value: 555,672
  • Low Value: 380,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,700
  • Assessed Land Value: $157,900
  • Assessed Improvements Value: $209,800

    Sales

  • Current Sale Contract Date: Jun 20, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16182
  • Previous Sale Recording Date: Aug 15, 2014
  • Previous Sale Amount: $205,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2193 ft²

Average Home Age

59.5 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 months ago
Data Source: MLS PIN, MLS# 72634969

Frequently Asked Questions

When was property at 42 Glen Avenue built and last sold?
The property at 42 Glen Avenue was built in 1940 and last sold on Jun 20, 2020 for $316,000.
How much is this home worth?
The estimated value of the home located at 42 Glen Avenue is $319,199.
What are some comparable homes to 42 Glen Avenue?
There are currently no comparable homes to 42 Glen Avenue.
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