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Methuen Town 01844
48 Longview Ter
$460,000
● House - Off Market

48 Longview Ter

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,792 Ft²
$696,588
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Absolutely beautiful 4 BEDROOM colonial home situated on a quiet circular neighborhood, close to The Loop and highways!  Meticulous owners have made smart, stylish improvements over the years, like stunning granite counters, gleaming wood floors, 2011 roof, 2013 boiler, fresh paint, and a walk up attic is PERFECT for your expansion ideas!  An oversized deck overlooks a perfect, level back yard, complete with newly built dog pen.  This home is in mint, mint move in condition, and is an excellent value at under 500k!
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$257
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1972

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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: 4 months ago (MLSPIN #72387968)

Price History

Date / Event Date Event Price
Oct 29, 2018 Sold
Premium
Sold
Sep 4, 2018 Listed by Century 21 McLennan & Company $459,900
Listed by Century 21 McLennan & Company
Sep 16, 2005 Sold
Premium
Sold
May 6, 2005 Listed by Century 21 McLennan & Company $439,900
Listed by Century 21 McLennan & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 896
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,033
  • Total Building Area: 2,464
  • Gross Building Area: 4,478
  • Building Area: 2,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000299
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 3329
  • Parcel: METH M:01012 B:00082 L:00010U
  • Block: 82
  • Lot: 10U
  • Municipality: METHUEN
  • Latitude: 42.7366
  • Longitude: -71.1464

    Address

  • Full Address: 48 Longview Ter
  • Address - House Number: 48
  • Address - Street Name: Longview
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C048
  • 4-Digit Zip Code: 5218
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $549,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 592,075
  • High Value: 685,596
  • Low Value: 498,554

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,300
  • Assessed Land Value: $182,600
  • Assessed Improvements Value: $286,700

    Sales

  • Current Sale Recording Date: Oct 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26440
  • Previous Sale Recording Date: Sep 16, 2005
  • Previous Sale Amount: $425,000
  • Previous 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72387968

Frequently Asked Questions

When was property at 48 Longview Terrace built and last sold?
The property at 48 Longview Terrace was built in 1972 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 48 Longview Terrace is $468,350.
What are some comparable homes to 48 Longview Terrace?
There are currently no comparable homes to 48 Longview Terrace.
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