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Methuen Town 01844
5 Bradley Ave
$396,000
● House - Off Market

5 Bradley Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,688 Ft²
$554,481
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

East Methuen- Super desirable location, just minutes off of Rt 495, and close to tons of great shopping and dining!  This spacious split gambrel offers a free flowing floor plan, with a huge front to back living room, and equally large master bedroom!  Other perks include 2 full baths, central air, updated roof and windows, newer appliances, and a gorgeous 3 season sun room, overlooking a large, level, fenced in yard.  So much value, for under $400,000!
Unit Size
1,688 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$237
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1990

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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: 5 months ago (MLSPIN #72644693)

Price History

Date / Event Date Event Price
Jul 15, 2020 Sold
Premium
Sold
Apr 16, 2020 Listed by Century 21 McLennan & Company $399,900
Listed by Century 21 McLennan & Company

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,602
  • Total Building Area: 1,688
  • Gross Building Area: 2,664
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 10367
  • Parcel: METH M:01111 B:00109P L:00001
  • Block: 109P
  • Lot: 1
  • Municipality: METHUEN
  • Latitude: 42.7346
  • Longitude: -71.1338

    Address

  • Full Address: 5 Bradley Ave
  • Address - House Number: 5
  • Address - Street Name: Bradley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C044
  • 4-Digit Zip Code: 6201
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $522,400

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 550,173
  • High Value: 650,188
  • Low Value: 450,158

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,500
  • Assessed Land Value: $174,200
  • Assessed Improvements Value: $272,300

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122477
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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2206 ft²

Average Home Age

55.2 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: 5 months ago
Data Source: MLS PIN, MLS# 72644693

Frequently Asked Questions

When was property at 5 Bradley Avenue built and last sold?
The property at 5 Bradley Avenue was built in 1990 and last sold on Jul 10, 2020 for $396,000.
How much is this home worth?
The estimated value of the home located at 5 Bradley Avenue is $411,409.
What are some comparable homes to 5 Bradley Avenue?
There are currently no comparable homes to 5 Bradley Avenue.
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