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Methuen Town 01844
49 Cross Road
Photo of 49 Cross Road
Sold on Apr 7, 2025

18

Map

Photo of 49 Cross Road
Photo of 49 Cross Road
$485,000
● House - Off Market

49 Cross Road

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,432 Ft²
$5,947
Est. Monthly
2.39%
Cap Rate

About This Property

Fantastic Location on a quiet residential street, but still near EVERYTHING! Near, restaurants, shops and the Loop!! This cozy home has a large, fenced- in,  level yard. Inside this welcoming home you'll find an open kitchen with period details, like built-in hutches. First floor also has a living room, dining room, and a first floor master. Upstairs, you'll find three additional bedrooms. Plenty of space for everyone! Don't miss this opportunity. Showings begin at open house.
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$348
Property Type
House
Property Taxes
$3,496
HOA Dues
-
Year Built
1940

Payment Calculator

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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 #73296600)

Price History

Date / Event Date Event Price
Apr 7, 2025 Sold
Premium
Sold
Feb 12, 2025 In contract -
In contract
Oct 15, 2024 Price Decreased $499,000
↓ $16K (3.1%)
Price Decreased
Sep 30, 2024 Listed $514,900
Listed
Nov 26, 2018 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 7
  • 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: 782
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,418
  • Total Building Area: 1,436
  • Gross Building Area: 2,262
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 4010
  • Parcel: METH M:01111 B:00108 L:00350
  • Block: 108
  • Lot: 350
  • Municipality: METHUEN
  • Latitude: 42.7417
  • Longitude: -71.1337

    Address

  • Full Address: 49 Cross Rd
  • Address - House Number: 49
  • Address - Street Name: Cross
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C031
  • 4-Digit Zip Code: 7603
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,700

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 442,439
  • High Value: 525,381
  • Low Value: 359,498

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,200
  • Assessed Land Value: $155,100
  • Assessed Improvements Value: $183,100

    Sales

  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28526
  • Previous Sale Recording Date: Feb 28, 2002
  • Previous Sale Amount: $180,000
  • 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# 73296600

Frequently Asked Questions

When was property at 49 Cross Road built and last sold?
The property at 49 Cross Road was built in 1940 and last sold on Jan 1, 1970 for $264,000.
How much is this home worth?
The estimated value of the home located at 49 Cross Road is $479,447.
What are some comparable homes to 49 Cross Road?
There are currently no comparable homes to 49 Cross Road.
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