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Methuen Town 01844
44 Union Street
$206,900
● House - Off Market

44 Union Street

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,554 Ft²
$391,744
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

This beautiful Colonial home has all the updates you need yet retains some of its original charm! The roof, windows, wiring, bath, and kitchen are updated to name just a few, the list goes on! The eat-in kitchen is spacious and packed with custom cabinets. There is a small room on the first floor that can flex as an office, den or small bedroom. Features include some original hardwood floors, tin ceilings, crown moldings and built ins. The upstairs bedrooms have pine floors. The master has 2 closets and there is a walk up attic for storage. Enjoy the 3 season porch, deck and beautiful fenced in back yard.  Marsh School District.
Unit Size
1,554 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$135
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1920

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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 #71689741)

Price History

Date / Event Date Event Price
Nov 14, 2014 Sold
Premium
Sold
May 29, 2014 Listed by Coldwell Banker Residential Brokerage - Derry NH $209,900
Listed by Coldwell Banker Residential Brokerage - Derry NH

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,042
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,176
  • Total Building Area: 1,554
  • Gross Building Area: 3,461
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • 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: 252300

Zoning

  • Zoning: CBD

Geography

  • Account Number: 9942
  • Parcel: METH M:00614 B:00119 L:00027
  • Block: 119
  • Lot: 27
  • Municipality: METHUEN
  • Latitude: 42.7235
  • Longitude: -71.1861

    Address

  • Full Address: 44 Union St
  • Address - House Number: 44
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C027
  • 4-Digit Zip Code: 3756
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,300

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 463,211
  • High Value: 545,094
  • Low Value: 381,328

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,400
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $208,400

    Sales

  • Current Sale Recording Date: Nov 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25667
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

52

Average Home Size

2155 ft²

Average Home Age

55.5 years

Currently For Sale

71 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# 71689741

Frequently Asked Questions

When was property at 44 Union Street built and last sold?
The property at 44 Union Street was built in 1920 and last sold on Jan 1, 1970 for $206,900.
How much is this home worth?
The estimated value of the home located at 44 Union Street is $230,004.
What are some comparable homes to 44 Union Street?
There are currently no comparable homes to 44 Union Street.
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