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Methuen Town 01844
5 Douglas Avenue
$330,000
● House - Off Market

5 Douglas Avenue

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,041 Ft²
$722,375
RealtyHop Estimate
112.53%
Since Apr 1, 2004
National-US
Primary Model

About This Property

WELL MAINTAINED OVERSIZED GAMBREL WITH OPEN CONCEPT FEATURING NEW VINYL SIDING, HARDWOOD AND TILE FLOORING, ON AN EXCEPTIONAL LOT LOCATED IN A SOUGHT AFTER NEIGHBORHOOD IN C.G.S. SCHOOL DISTRICT.
Unit Size
2,041 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$167
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1987

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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: 5 months ago (MLSPIN #30798405)

Price History

Date / Event Date Event Price
Mar 5, 2004 Sold
Premium
Sold
Dec 26, 2003 Listed by Prudential First Choice Realty $339,900
Listed by Prudential First Choice Realty
Dec 1, 1997 Sold
Premium
Sold
May 29, 1997 Listed by Prudential First Choice Realty $154,900
Listed by Prudential First Choice Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,298
  • Total Building Area: 1,632
  • Gross Building Area: 2,727
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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: 12253
  • Parcel: METH M:01111 B:00110B L:00018Y
  • Block: 110B
  • Lot: 18Y
  • Municipality: METHUEN
  • Latitude: 42.7393
  • Longitude: -71.1265

    Address

  • Full Address: 5 Douglas Ave
  • Address - House Number: 5
  • Address - Street Name: Douglas
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C044
  • 4-Digit Zip Code: 6472
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477,000

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 544,267
  • High Value: 637,463
  • Low Value: 451,071

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,700
  • Assessed Land Value: $161,700
  • Assessed Improvements Value: $246,000

    Sales

  • Current Sale Recording Date: Mar 05, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9291
  • Previous Sale Recording Date: Dec 01, 1997
  • Previous Sale Amount: $150,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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: 5 months ago
Data Source: MLS PIN, MLS# 30798405

Frequently Asked Questions

When was property at 5 Douglas Avenue built and last sold?
The property at 5 Douglas Avenue was built in 1987 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 5 Douglas Avenue is $352,639.
What are some comparable homes to 5 Douglas Avenue?
There are currently no comparable homes to 5 Douglas Avenue.
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