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Methuen Town 01844
47 Riverview Blvd
$600,000
● House - Off Market

47 Riverview Blvd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,763 Ft²
$597,668
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to 47 Riverview Boulevard, this newly updated split level home is move in ready for your convenience. The main level offers an open concept floor plan full of natural light, new hardwood floors, and a chimney. The new eat-in kitchen features granite countertops, SS appliances with a slider leading to a new deck. Updated bathroom with double sink, and three bedrooms complete this level. The lower level consists of a large family room with a new full bathroom. There is an additional multipurpose room that can be used as an office, fitness room or playroom. One car garage and plenty of parking. Large fenced in backyard ready for entertaining. This freshly painted home sits directly across from the Merrimack River, all the windows and doors are new. Great highway access to route 495.
Unit Size
1,763 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$340
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1980

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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 #73146722)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold
Premium
Sold
Sep 1, 2023 In contract -
In contract
Aug 9, 2023 Listed by Keller Williams Realty $599,900
Listed by Keller Williams Realty
Jan 25, 2023 Sold
Premium
Sold
Dec 20, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,050
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,006
  • Total Building Area: 1,506
  • Gross Building Area: 2,232
  • Building Area: 1,506
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,506
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST CHAPUT
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 4105
  • Parcel: METH M:01113 B:00109W L:00021F
  • Block: 109W
  • Lot: 21F
  • Municipality: METHUEN
  • Latitude: 42.7261
  • Longitude: -71.1314

    Address

  • Full Address: 47 Riverview Blvd
  • Address - House Number: 47
  • Address - Street Name: Riverview
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 6012
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,900

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 547,496
  • High Value: 647,025
  • Low Value: 447,968

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,000
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $255,000

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17766
  • Previous Sale Recording Date: Jan 25, 2023
  • Previous Sale Contract Date: Jan 25, 2023
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: O
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

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73146722

Frequently Asked Questions

When was property at 47 Riverview Boulevard built and last sold?
The property at 47 Riverview Boulevard was built in 1980 and last sold on Oct 26, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 47 Riverview Boulevard is $603,232.
What are some comparable homes to 47 Riverview Boulevard?
There are currently no comparable homes to 47 Riverview Boulevard.
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