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Methuen Town 01844
5 Garside Terrace
$570,000
● House - Off Market

5 Garside Terrace

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,233 Ft²
$567,880
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Well maintained raised ranch situated on a quiet cul-de-sac across from the Merrimack Golf Course.  Updated kitchen with granite countertops and great storage.  Large living room off of the the kitchen which boasts lots of natural light, a vaulted ceiling and exposed beams.  Ample size dining room with beautiful tile floors.  3 bedrooms and a full bath round out the main floor.  The lower level features extra living space complete with a brick fireplace, brand new ceiling with recessed lighting, half bath, and newly installed luxury vinyl plank flooring.  Outside you will find a private oasis complete with an in-ground pool, vegetable garden area, and awning.  This one is a must see!
Unit Size
2,233 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$255
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1970

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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 #73143366)

Price History

Date / Event Date Event Price
Oct 2, 2023 Sold
Premium
Sold
Aug 15, 2023 In contract -
In contract
Aug 2, 2023 Listed by DiPietro Group Real Estate $570,000
Listed by DiPietro Group Real Estate
Mar 1, 2006 Sold
Premium
Sold
Dec 8, 2005 Listed by DiPietro Group Real Estate $344,900
Listed by DiPietro Group Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 1,270
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,289
  • Total Building Area: 2,233
  • Gross Building Area: 4,148
  • Building Area: 2,233
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,233
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4481
  • Land Acres: 0000000397
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 5532
  • Parcel: METH M:00808 B:00077 L:00076C
  • Block: 77
  • Lot: 76C
  • Municipality: METHUEN
  • Latitude: 42.7545
  • Longitude: -71.171

    Address

  • Full Address: 5 Garside Ter
  • Address - House Number: 5
  • Address - Street Name: Garside
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: R004
  • 4-Digit Zip Code: 2103
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $527,400

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 577,090
  • High Value: 674,790
  • Low Value: 479,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,800
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $265,300

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16260
  • Previous Sale Recording Date: Mar 01, 2006
  • Previous Sale Amount: $344,900
  • 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 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: 4 months ago
Data Source: MLS PIN, MLS# 73143366

Frequently Asked Questions

When was property at 5 Garside Terrace built and last sold?
The property at 5 Garside Terrace was built in 1970 and last sold on Oct 2, 2023 for $570,000.
How much is this home worth?
The estimated value of the home located at 5 Garside Terrace is $578,615.
What are some comparable homes to 5 Garside Terrace?
There are currently no comparable homes to 5 Garside Terrace.
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