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Methuen Town 01844
5 Mapleridge Road
$395,000
● House - Off Market

5 Mapleridge Road

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,705 Ft²
$990,015
RealtyHop Estimate
147.57%
Since Sep 1, 2002
National-US
Primary Model

About This Property

GORGEOUS NEW COLONIAL IN QUIET NEIGHBORHOOD! STUNNING KITCHEN WITH H/W FLRS & CENTER ISLAND. OVERSIZED FAM RM WITH CATH CEILING & FIREPLACE. MASTER W/ GREAT BATH & WALK IN. DECK OVRLKS LARGE LOT. WIRED FOR SEC & CENTRAL VAC.
Unit Size
2,705 Ft²
Days on Market
-
Land Size
3.44 acres
Price per sqft
$148
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 #30596652)

Price History

Date / Event Date Event Price
Aug 12, 2002 Sold
Premium
Sold
Apr 12, 2002 Listed by ERA Home & Family Real Estate $399,900
Listed by ERA Home & Family Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,616
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 150,282
  • Total Building Area: 2,720
  • Gross Building Area: 5,430
  • Building Area: 2,720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIRCH HILL ESTATES
  • Land Acres: 0000003450
  • 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: 252602

Zoning

  • Zoning: RA

Geography

  • Account Number: 15861
  • Parcel: METH M:01008 B:00079 L:00012E
  • Block: 79
  • Lot: 12E
  • Municipality: METHUEN
  • Latitude: 42.7526
  • Longitude: -71.1474

    Address

  • Full Address: 5 Maple Ridge Rd
  • Address - House Number: 5
  • Address - Street Name: Maple Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: R015
  • 4-Digit Zip Code: 4166
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $815,400

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 869,851
  • High Value: 1,005,254
  • Low Value: 734,447

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $696,900
  • Assessed Land Value: $268,100
  • Assessed Improvements Value: $428,800

    Sales

  • Current Sale Recording Date: Jul 11, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16839
  • Previous Sale Recording Date: Aug 12, 2002
  • Previous Sale Amount: $395,000
  • 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

53

Average Home Size

2203 ft²

Average Home Age

52.9 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# 30596652

Frequently Asked Questions

When was property at 5 Maple Ridge Road built and last sold?
The property at 5 Maple Ridge Road was built in 2001 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Maple Ridge Road is $426,017.
What are some comparable homes to 5 Maple Ridge Road?
There are currently no comparable homes to 5 Maple Ridge Road.
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