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Methuen Town 01844
5 Sawyer St
$279,900
● House - Off Market

5 Sawyer St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$417,211
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Price Improvement! Great commuter location! 3 Bedroom, 1 Bath Bungalow with 1 car garage, fenced yard and wood floors. Laminate flooring in kitchen has been removed and hardwood floors underneath have been refinished! Large living room with cedar closet has classic curved archway that can be configured as living room / dining room combination. Bedrooms have hardwood floors and spacious closets. Wrap around screened in porch with stairs to paved back yard patio and fenced-in yard. Garage has newer garage door and separate back entry. Front entryway mudroom. Walk up attic. Side door enters into second mud room and access to wrap around porch. Conveniently located to Routes 110/113/I-93. Newer roof, furnace.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$273
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72374584)

Price History

Date / Event Date Event Price
Nov 16, 2018 Sold
Premium
Sold
Aug 6, 2018 Listed by Real Living Schruender Real Estate $274,900
Listed by Real Living Schruender Real Estate
Dec 19, 2014 Sold
Premium
Sold
Oct 1, 2014 Listed by Real Living Schruender Real Estate $189,900
Listed by Real Living Schruender Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,008
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,382
  • Total Building Area: 1,008
  • Gross Building Area: 3,293
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 6885
  • Parcel: METH M:00318 B:00164 L:00019
  • Block: 164
  • Lot: 19
  • Municipality: METHUEN
  • Latitude: 42.7005
  • Longitude: -71.2239

    Address

  • Full Address: 5 Sawyer St
  • Address - House Number: 5
  • Address - Street Name: Sawyer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 2227
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $391,000

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 434,201
  • High Value: 510,956
  • Low Value: 357,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,200
  • Assessed Land Value: $159,300
  • Assessed Improvements Value: $174,900

    Sales

  • Current Sale Recording Date: Nov 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27998
  • Previous Sale Recording Date: Dec 19, 2014
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: O
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

54

Average Home Size

2162 ft²

Average Home Age

54.9 years

Currently For Sale

71 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: 6 months ago
Data Source: MLS PIN, MLS# 72374584

Frequently Asked Questions

When was property at 5 Sawyer Street built and last sold?
The property at 5 Sawyer Street was built in 1900 and last sold on Jan 1, 1970 for $279,900.
How much is this home worth?
The estimated value of the home located at 5 Sawyer Street is $276,642.
What are some comparable homes to 5 Sawyer Street?
There are currently no comparable homes to 5 Sawyer Street.
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