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Methuen Town 01844
5 Grace St
$340,000
● House - Off Market

5 Grace St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,438 Ft²
$612,146
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Spacious and bright Methuen split home with eat in kitchen and dining area, formal living room, central air, central vacuum, and basement family room. 4 bedrooms on main level and upstairs game room has a closet and could be used as a large master bedroom. Upstairs bath has standard tub.shower and a 2nd Jacuzzi tub. Lower level has 3/4 bath with laundry. Tons of storage throughout. Landscaped yard with irrigation system, above ground pool, 2 car garage, and huge driveway.
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$141
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1987

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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 #71862129)

Price History

Date / Event Date Event Price
Aug 25, 2015 Sold
Premium
Sold
Jun 23, 2015 Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate $344,900
Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate
May 1, 2003 Sold
Premium
Sold
Aug 22, 2002 Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate $329,900
Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,617
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,981
  • Total Building Area: 2,438
  • Gross Building Area: 4,666
  • Building Area: 2,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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: 252501

Zoning

  • Zoning: RD

Geography

  • Account Number: 4381
  • Parcel: METH M:01014 B:00104 L:00032A
  • Block: 104
  • Lot: 32A
  • Municipality: METHUEN
  • Latitude: 42.7238
  • Longitude: -71.1414

    Address

  • Full Address: 5 Grace St
  • Address - House Number: 5
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5902
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $576,700

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 611,121
  • High Value: 722,216
  • Low Value: 500,027

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,900
  • Assessed Land Value: $175,200
  • Assessed Improvements Value: $317,700

    Sales

  • Current Sale Recording Date: Aug 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21745
  • Previous Sale Recording Date: May 01, 2003
  • Previous Sale Amount: $315,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71862129

Frequently Asked Questions

When was property at 5 Grace Street built and last sold?
The property at 5 Grace Street was built in 1987 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 5 Grace Street is $367,606.
What are some comparable homes to 5 Grace Street?
There are currently no comparable homes to 5 Grace Street.
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