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Methuen Town 01844
44 Davis Road
$237,000
● House - Off Market

44 Davis Road

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
2 Baths
square feet
989 Ft²
$445,086
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Wonderful ranch style home...a great floor plan awaits you when you enter into this well cared for home.  Large living room with wood burning fireplace, built-ins, hardwood floor and large picture window.  Eat-in kitchen with tile flooring and large double windows looking out onto a good size fenced in level yard. Three season porch, large deck, one car garage with both remote electric door and key pad.  The lower level is partially finished with family room, bedroom and three quarter bathroom and still lots of storage.  Loads of updates such as newer roof, newer hot water heater, replacement windows, newer garage door.  Additional amentities; wall AC unit, gas heat, fenced yard, hardwood flooring and an abundance of closet space.  Close proximity to schools, shopping and Southern NH.
Unit Size
989 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$243
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1950

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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 #71678247)

Price History

Date / Event Date Event Price
Jul 29, 2014 Sold
Premium
Sold
May 9, 2014 Listed by RE/MAX Partners $239,900
Listed by RE/MAX Partners
May 18, 2007 Sold
Premium
Sold
Mar 28, 2007 Listed by RE/MAX Partners $264,900
Listed by RE/MAX Partners
Aug 21, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 989
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 989
  • Gross Building Area: 2,589
  • Building Area: 989
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 989
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000230
  • 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: 252502

Zoning

  • Zoning: RD

Geography

  • Account Number: 6831
  • Parcel: METH M:00714 B:00041 L:00012B
  • Block: 41
  • Lot: 12B
  • Municipality: METHUEN
  • Latitude: 42.7292
  • Longitude: -71.1737

    Address

  • Full Address: 44 Davis Rd
  • Address - House Number: 44
  • Address - Street Name: Davis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C022
  • 4-Digit Zip Code: 3946
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,400

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 462,293
  • High Value: 548,956
  • Low Value: 375,629

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,700
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $194,700

    Sales

  • Current Sale Recording Date: Jul 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16370
  • Previous Sale Recording Date: May 18, 2007
  • Previous Sale Amount: $257,000
  • 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

53

Average Home Size

2221 ft²

Average Home Age

56.1 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: 4 months ago
Data Source: MLS PIN, MLS# 71678247

Frequently Asked Questions

When was property at 44 Davis Road built and last sold?
The property at 44 Davis Road was built in 1950 and last sold on Jan 1, 1970 for $237,000.
How much is this home worth?
The estimated value of the home located at 44 Davis Road is $249,213.
What are some comparable homes to 44 Davis Road?
There are currently no comparable homes to 44 Davis Road.
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