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Methuen Town 01844
5 Brookfield Road
$287,500
● House - Off Market

5 Brookfield Road

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,653 Ft²
$769,023
RealtyHop Estimate
157.20%
Since May 1, 2002
National-US
Primary Model

About This Property

WELL-MAINTAINED 10 ROOM CENTER ENTRANCE COLONIAL WITH ATTACHED 1 CAR GARAGE.  FEATURES INCLUDE 4 BEDROOMS, 2 BATHS, FINISHED FAMILY ROOM WITH A GAS FIREPLACE, HARDWOOD FLRS, UPDATED KITCHEN & BATHS.  WITHIN A MILE FROM THE LOOP.
Unit Size
2,653 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$113
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #30569615)

Price History

Date / Event Date Event Price
Apr 2, 2002 Sold
Premium
Sold
Jan 4, 2002 Listed by Coldwell Banker Realty - Arlington $299,000
Listed by Coldwell Banker Realty - Arlington

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,328
  • Gross Building Area: 3,288
  • Building Area: 2,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,328
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • 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: RD

Geography

  • Account Number: 14618
  • Parcel: METH M:00712 B:00041 L:00102K
  • Block: 41
  • Lot: 102K
  • Municipality: METHUEN
  • Latitude: 42.7351
  • Longitude: -71.174

    Address

  • Full Address: 5 Brookfield Rd
  • Address - House Number: 5
  • Address - Street Name: Brookfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C018
  • 4-Digit Zip Code: 7102
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,400

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 582,594
  • High Value: 682,353
  • Low Value: 482,835

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,900
  • Assessed Land Value: $183,700
  • Assessed Improvements Value: $231,200

    Sales

  • Current Sale Recording Date: Apr 02, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 02, 2002
  • Previous Sale Amount: $287,500
  • Previous Sale Document Type: 48
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

2218 ft²

Average Home Age

56.4 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30569615

Frequently Asked Questions

When was property at 5 Brookfield Road built and last sold?
The property at 5 Brookfield Road was built in 1965 and last sold on Jan 1, 1970 for $287,500.
How much is this home worth?
The estimated value of the home located at 5 Brookfield Road is $0.
What are some comparable homes to 5 Brookfield Road?
There are currently no comparable homes to 5 Brookfield Road.
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