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Methuen Town 01844
5 Hillcrest Ave
$352,500
● House - Off Market

5 Hillcrest Ave

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,533 Ft²
$605,525
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Welcome Home! This adorable cape is situated in one of West Methuen's sought after neighborhood located within the Marsh school district. The first floor has a flexible floor plan which features a fire-placed living room, open concept dining room and sitting room, a ¾ bath and two bedrooms. Upstairs you will find 2 spacious bedrooms and a full bath. If you need more space there is a newly finished walk out basement with another ¾ bath, laundry and three generous rooms. Enjoy your summers in the double fenced in level backyard. This is the perfect house to call home!
Unit Size
2,533 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$142
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1940

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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 #72074782)

Price History

Date / Event Date Event Price
Dec 9, 2016 Sold
Premium
Sold
Sep 29, 2016 Listed by LAER Realty Partners $359,900
Listed by LAER Realty Partners
Oct 17, 2003 Sold
Premium
Sold
Jun 27, 1996 Sold
Premium
Sold
May 20, 1996 Listed by Swan Realty $149,000
Listed by Swan Realty
IMPECCABLE 5 BEDROOM CAPE EAT IN KITCHEN LIVING ROOM DINING ROOM 3 BATHS NICE LOT MUCH MORE

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 4
  • 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: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,762
  • Total Building Area: 2,533
  • Gross Building Area: 3,593
  • Building Area: 2,533
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,533
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEHURST
  • Land Acres: 0000000224
  • 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: 252202

Zoning

  • Zoning: RD

Geography

  • Account Number: 13195
  • Parcel: METH M:00412 B:00126B L:00277
  • Block: 126B
  • Lot: 277
  • Municipality: METHUEN
  • Latitude: 42.7297
  • Longitude: -71.2176

    Address

  • Full Address: 5 Hillcrest Ave
  • Address - House Number: 5
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1517
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $531,200

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 606,995
  • High Value: 701,609
  • Low Value: 512,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,000
  • Assessed Land Value: $167,400
  • Assessed Improvements Value: $286,600

    Sales

  • Current Sale Recording Date: Dec 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32930
  • Previous Sale Recording Date: Oct 17, 2003
  • Previous Sale Amount: $316,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2215 ft²

Average Home Age

54 years

Currently For Sale

73 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

Unit for rent at 58 Brady, Salem, 03079

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72074782

Frequently Asked Questions

When was property at 5 Hillcrest Avenue built and last sold?
The property at 5 Hillcrest Avenue was built in 1940 and last sold on Jan 1, 1970 for $352,500.
How much is this home worth?
The estimated value of the home located at 5 Hillcrest Avenue is $385,254.
What are some comparable homes to 5 Hillcrest Avenue?
There are currently no comparable homes to 5 Hillcrest Avenue.
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