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Methuen Town 01844
5 Tech Circle
$430,000
● House - Off Market

5 Tech Circle

Methuen, MA 01844
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,466 Ft²
$637,550
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Large, recently fully renovated single family nestled in a quiet cul-de-sac closed to the Loop and major highways. 5 bedrooms, 2 ½ bathrooms and 2 kitchens offer ample room for a growing or extended family. Easy potential for in-law-apartment on lower level thanks to separate entrance, kitchen and multiple rooms. Kitchens granite countertops and central island, endless water heater tank and more. Nice, big deck overlooking the private, manicured landscape of the generous backyard. 6 car parking off-street driveway. Great and quiet neighborhood. Peace, serenity, comfort and convenience are waiting for you. Won't last. OPEN HOUSE Saturday, July 13, from 12:00 - 2:00
Unit Size
2,466 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$176
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1973

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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 #72528270)

Price History

Date / Event Date Event Price
Sep 26, 2019 Sold
Premium
Sold
Jul 1, 2019 Listed by DLC Real Estate Group, Inc. $435,000
Listed by DLC Real Estate Group, Inc.
Dec 4, 2002 Sold
Premium
Sold
Sep 5, 2002 Sold
Premium
Sold
Jun 17, 2002 Listed by DLC Real Estate Group, Inc. $289,900
Listed by DLC Real Estate Group, Inc.
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,080
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,559
  • Total Building Area: 2,034
  • Gross Building Area: 2,490
  • Building Area: 2,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,034
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000403
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 7504
  • Parcel: METH M:00814 B:00080 L:0032EE
  • Block: 80
  • Lot: 32EE
  • Municipality: METHUEN
  • Latitude: 42.7359
  • Longitude: -71.1596

    Address

  • Full Address: 5 Tech Cir
  • Address - House Number: 5
  • Address - Street Name: Tech
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 4630
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,100

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 590,479
  • High Value: 694,477
  • Low Value: 486,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,800
  • Assessed Land Value: $193,900
  • Assessed Improvements Value: $266,900

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Sep 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23634
  • Previous Sale Recording Date: Dec 04, 2002
  • Previous Sale Amount: $289,900
  • 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# 72528270

Frequently Asked Questions

When was property at 5 Tech Circle built and last sold?
The property at 5 Tech Circle was built in 1973 and last sold on Sep 26, 2019 for $435,000.
How much is this home worth?
The estimated value of the home located at 5 Tech Circle is $437,252.
What are some comparable homes to 5 Tech Circle?
There are currently no comparable homes to 5 Tech Circle.
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