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Methuen Town 01844
46 Addison Ave Ext
$369,900
● House - Off Market

46 Addison Ave Ext

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,555 Ft²
$686,276
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Desirable CGS District! TRANQUILITY ABOUNDS!  From a Farmer's porch to 3 decks overlooking a large backyard with a 24' above gnd pool, horseshoe pits, swing set and tree house. The finished lower level has an additional 210 sq ft of family room. The home features first floor hardwood, recessed lighting, living room fireplace, formal dining room, updated kitchen with granite counter tops, a center island with cook stove/oven and stainless steel appliances. Three well-appointed bedrooms with upgraded guest and master baths occupy the top floor. Storage space exists in attics above the garage and 2nd floor.  Close to major highways, shopping centers and Salem, N.H.
Unit Size
1,555 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$238
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1994

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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 #71696134)

Price History

Date / Event Date Event Price
Jul 16, 2014 Sold
Premium
Sold
Jun 10, 2014 Listed by Century 21 McLennan & Company $369,900
Listed by Century 21 McLennan & Company
Aug 15, 2006 Sold
Premium
Sold
Mar 2, 2006 Listed by Century 21 McLennan & Company $379,900
Listed by Century 21 McLennan & Company
Oct 30, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 720
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,999
  • Total Building Area: 1,771
  • Gross Building Area: 3,057
  • Building Area: 1,771
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,771
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • 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: 252602

Zoning

  • Zoning: RB

Geography

  • Account Number: 12299
  • Parcel: METH M:01008 B:00078A L:00021
  • Block: 78A
  • Lot: 21
  • Municipality: METHUEN
  • Latitude: 42.7612
  • Longitude: -71.1376

    Address

  • Full Address: 46 Addison Avenue Ext
  • Address - House Number: 46
  • Address - Street Name: Addison Avenue
  • Address - Suffix Type: Ext
  • State: MA
  • City Name: Methuen
  • Carrier Code: R001
  • 4-Digit Zip Code: 4113
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $623,000

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 683,968
  • High Value: 790,579
  • Low Value: 577,356

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,500
  • Assessed Land Value: $195,500
  • Assessed Improvements Value: $337,000

    Sales

  • Current Sale Recording Date: Jul 16, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110326
  • Previous Sale Recording Date: Aug 15, 2006
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 48
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

2157 ft²

Average Home Age

55.2 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# 71696134

Frequently Asked Questions

When was property at 46 Addison Avenue Extension built and last sold?
The property at 46 Addison Avenue Extension was built in 1994 and last sold on Jan 1, 1970 for $369,900.
How much is this home worth?
The estimated value of the home located at 46 Addison Avenue Extension is $380,781.
What are some comparable homes to 46 Addison Avenue Extension?
There are currently no comparable homes to 46 Addison Avenue Extension.
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