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Methuen Town 01844
5 Coronet Avenue
$295,000
● House - Off Market

5 Coronet Avenue

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,002 Ft²
$512,727
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

LOCATION! LOCATION!! LOCATION!!! GREAT LOCATION IN WEST METHUEN, QUIET AND QUICK ACCESS TO 93!  BEAUTIFUL RANCH IN MINT CONDITION,  LOTS OF UPDATES, NEW ROOF 2014, BRAND NEW GARAGE DOOR 2015, UPDATED KITCHEN, UPDATED BATHROOM, FRESH PAINT, HARDWOOD FLOOR, LOVELY SUNROOM, ENERGY EFFICIENT AC UNIT, TREE-FENCED YARD, SPRINKLER SYSTEM, SECURITY SYSTEM, DECK WITH AWNING. SPECTACULAR WALKOUT LOWER LEVEL, LIGHT & BRIGHT, IN-LAW POTENTIAL.
Unit Size
2,002 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$144
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1958

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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 #71897935)

Price History

Date / Event Date Event Price
Nov 2, 2015 Sold
Premium
Sold
Sep 2, 2015 Listed by Classified Realty Group $289,000
Listed by Classified Realty Group
Apr 16, 2004 Sold
Premium
Sold
Feb 25, 2004 Listed by Classified Realty Group $335,900
Listed by Classified Realty Group
Jul 31, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,144
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,002
  • Gross Building Area: 2,889
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: RD

Geography

  • Account Number: 680
  • Parcel: METH M:00516 B:00152 L:00004A
  • Block: 152
  • Lot: 4A
  • Municipality: METHUEN
  • Latitude: 42.7093
  • Longitude: -71.2046

    Address

  • Full Address: 5 Coronet Ave
  • Address - House Number: 5
  • Address - Street Name: Coronet
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 2713
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 527,174
  • High Value: 610,443
  • Low Value: 443,904

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,900
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $255,900

    Sales

  • Current Sale Recording Date: Nov 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28586
  • Previous Sale Recording Date: Apr 16, 2004
  • Previous Sale Amount: $330,395
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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# 71897935

Frequently Asked Questions

When was property at 5 Coronet Avenue built and last sold?
The property at 5 Coronet Avenue was built in 1958 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 5 Coronet Avenue is $312,280.
What are some comparable homes to 5 Coronet Avenue?
There are currently no comparable homes to 5 Coronet Avenue.
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