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Methuen Town 01844
47 Sugar Hill Cir
$462,000
● House - Off Market

47 Sugar Hill Cir

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,050 Ft²
$608,349
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Do not miss the opportunity to buy in one of the most desirable neighborhoods in all of Methuen!!!  Unpack your belongings and move right into this oversized 4 bedroom, 2 full bath split entry home.  The main level features 3 spacious bedrooms with hardwood flooring including a master with his and her closets.  Entertain in the fireplaced living room, dining room and an updated eat-in kitchen with ss appliances and quartz countertops.  Relax in the great room with cathedral ceilings that leads out to a deck overlooking the private backyard.  The lower level offers in-law potential boasting a large bedroom, full bath and front to back family room with walk out access to your private patio.  1 car attached garage and pull down attic space allows ample storage solutions.
Unit Size
2,050 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$202
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1973

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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 #72531557)

Price History

Date / Event Date Event Price
Aug 16, 2019 Sold
Premium
Sold
Jul 10, 2019 Listed by Leading Edge Real Estate $414,900
Listed by Leading Edge Real Estate
Mar 24, 2009 Sold
Premium
Sold
Jun 11, 2008 Listed by Leading Edge Real Estate $299,900
Listed by Leading Edge Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,196
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,157
  • Total Building Area: 1,834
  • Gross Building Area: 3,176
  • Building Area: 1,834
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,834
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000646
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 14020
  • Parcel: METH M:00316 B:00130 L:0044LL
  • Block: 130
  • Lot: 44LL
  • Municipality: METHUEN
  • Latitude: 42.7049
  • Longitude: -71.2344

    Address

  • Full Address: 47 Sugar Hill Cir
  • Address - House Number: 47
  • Address - Street Name: Sugar Hill
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 1836
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $575,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 623,845
  • High Value: 733,720
  • Low Value: 513,971

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,900
  • Assessed Land Value: $220,400
  • Assessed Improvements Value: $271,500

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19637
  • Previous Sale Recording Date: Mar 24, 2009
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

$325

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# 72531557

Frequently Asked Questions

When was property at 47 Sugar Hill Circle built and last sold?
The property at 47 Sugar Hill Circle was built in 1973 and last sold on Aug 16, 2019 for $462,000.
How much is this home worth?
The estimated value of the home located at 47 Sugar Hill Circle is $428,962.
What are some comparable homes to 47 Sugar Hill Circle?
There are currently no comparable homes to 47 Sugar Hill Circle.
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