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Methuen Town 01844
42 Sevoian Drive
$350,000
● House - Off Market

42 Sevoian Drive

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,226 Ft²
$607,598
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Lovingly cared for cape in desirable Methuen neighborhood and Marsh school district on a nicely landscaped lot. This home features a beautifully done kitchen gorgeous hardwood floors, fireplaced living room, and a finished lower level family room. If the inside of the house isn't enough, step outside to your deck and pool
Unit Size
2,226 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$162
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1974

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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 #72029200)

Price History

Date / Event Date Event Price
Sep 2, 2016 Sold
Premium
Sold
Jun 24, 2016 Listed by Century 21 McLennan & Company $359,900
Listed by Century 21 McLennan & Company
Aug 13, 2001 Sold
Premium
Sold
Jun 6, 2001 Listed by Century 21 McLennan & Company $259,900
Listed by Century 21 McLennan & Company
Nov 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 9
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 25,918
  • Total Building Area: 2,226
  • Gross Building Area: 2,787
  • Building Area: 2,226
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,226
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 618R BOSTON ST
  • Land Acres: 0000000595
  • 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: 252202

Zoning

  • Zoning: RB

Geography

  • Account Number: 851
  • Parcel: METH M:00312 B:00126A L:0066AZ
  • Block: 126A
  • Lot: 66AZ
  • Municipality: METHUEN
  • Latitude: 42.7312
  • Longitude: -71.2253

    Address

  • Full Address: 42 Sevoian Dr
  • Address - House Number: 42
  • Address - Street Name: Sevoian
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1502
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $558,000

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 643,219
  • High Value: 760,149
  • Low Value: 526,289

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,900
  • Assessed Land Value: $214,800
  • Assessed Improvements Value: $262,100

    Sales

  • Current Sale Recording Date: Sep 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22907
  • Previous Sale Recording Date: Aug 13, 2001
  • Previous Sale Amount: $259,900
  • 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

53

Average Home Size

2186 ft²

Average Home Age

58.3 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

Unit for rent at 58 Brady, Salem, 03079

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72029200

Frequently Asked Questions

When was property at 42 Sevoian Drive built and last sold?
The property at 42 Sevoian Drive was built in 1974 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 42 Sevoian Drive is $381,165.
What are some comparable homes to 42 Sevoian Drive?
There are currently no comparable homes to 42 Sevoian Drive.
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