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Methuen Town 01844
49 Temple Drive
$380,000
● House - Off Market

49 Temple Drive

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,892 Ft²
$607,273
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

A GREAT split entry home in a TERRIFIC Methuen neighborhood of BEAUTIFUL homes!  Fully applianced Kitchen, Propane Stove in the 16x16 family room off the kitchen, Wood Stove in FINISHED LOWER LEVEL (22x19), HARVEY Windows, LAWN IRRIGATION SYSTEM, a HUGE BACK YARD complete with Patio, Storage Shed, and an UNTAXED land locked beautifully-landscaped area adjacent to the house lot. Add the BRAND NEW ROOF (2016) and the oversized deck off the family room and you have a TRULY EXCEPTIONAL PROPERTY! Washer, Dryer, 2 Refrigerators, and a stand up Freezer are included in the sale!
Unit Size
2,892 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$131
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1974

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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 #72182184)

Price History

Date / Event Date Event Price
Jul 27, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Keller Williams Realty $379,900
Listed by Keller Williams Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,102
  • Total Building Area: 2,086
  • Gross Building Area: 2,953
  • Building Area: 2,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,086
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A&J CONSTRUCTION CO INC
  • Land Acres: 0000000553
  • 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: 252201

Zoning

  • Zoning: RA

Geography

  • Account Number: 14392
  • Parcel: METH M:00314 B:00131 L:00015Q
  • Block: 131
  • Lot: 15Q
  • Municipality: METHUEN
  • Latitude: 42.7244
  • Longitude: -71.2265

    Address

  • Full Address: 49 Temple Dr
  • Address - House Number: 49
  • Address - Street Name: Temple
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1437
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $565,900

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 621,717
  • High Value: 731,216
  • Low Value: 512,217

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $483,700
  • Assessed Land Value: $201,800
  • Assessed Improvements Value: $281,900

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19039
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

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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 months ago
Data Source: MLS PIN, MLS# 72182184

Frequently Asked Questions

When was property at 49 Temple Drive built and last sold?
The property at 49 Temple Drive was built in 1974 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 49 Temple Drive is $410,590.
What are some comparable homes to 49 Temple Drive?
There are currently no comparable homes to 49 Temple Drive.
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