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Methuen Town 01844
47 Cypress Ave
$111,000
● House - Off Market

47 Cypress Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,456 Ft²
$385,028
RealtyHop Estimate
235.10%
Since Jan 1, 1999
National-US
Primary Model

About This Property

HIP ROOF COLONIAL SET ON A GREAT CORNER LOT! DON'T MISS THIS BEAUTIFULLY KEPT HOME.FEATURES INCLUDE NEWER ROOF AND FLOORING,UPDATED SYSTEMS,1.5 BATHS. GENEROUS SIZED ROOMS THROUGHOUT IN THIS CONVENIENT WEST METHUEN LOCATION.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$79
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915

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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 years ago (MLSPIN #30265115)

Price History

Date / Event Date Event Price
Dec 4, 1998 Sold
Premium
Sold
Oct 5, 1998 Listed $114,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,601
  • Total Building Area: 1,624
  • Gross Building Area: 2,681
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • 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: 1769
  • Parcel: METH M:00618 B:00159A L:00014
  • Block: 159A
  • Lot: 14
  • Municipality: METHUEN
  • Latitude: 42.7018
  • Longitude: -71.1903

    Address

  • Full Address: 47 Cypress Ave
  • Address - House Number: 47
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4853
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 465,407
  • High Value: 538,920
  • Low Value: 391,894

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,300
  • Assessed Land Value: $162,200
  • Assessed Improvements Value: $197,100

    Sales

  • Current Sale Recording Date: Dec 04, 1998
  • Current Sale Price:
    Premium
  • Current 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

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30265115

Frequently Asked Questions

When was property at 47 Cypress Avenue built and last sold?
The property at 47 Cypress Avenue was built in 1915 and last sold on Jan 1, 1970 for $111,000.
How much is this home worth?
The estimated value of the home located at 47 Cypress Avenue is $0.
What are some comparable homes to 47 Cypress Avenue?
There are currently no comparable homes to 47 Cypress Avenue.
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