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Methuen Town 01844
51 Strathmore Rd
Photo of 51 Strathmore Rd
Sold on Oct 16, 2009

1

Map

$191,000
● House - Off Market

51 Strathmore Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,585 Ft²
$405,295
RealtyHop Estimate
110.00%
Since Nov 1, 2009
National-US
Primary Model

About This Property

This home is in great condition:  3Br, 1Ba, dining room, great area upstairs for the kids to play, and more.  Nice yard, deck and plenty of off-street parking.  Minutes to 93 in Glen Forest Area.  Come look today - easy to show!  Short sale - lender approval needed, sold in "as is" condition.
Unit Size
1,585 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$122
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1935

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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 #70922798)

Price History

Date / Event Date Event Price
Oct 16, 2009 Sold
Premium
Sold
May 22, 2009 Listed $193,000
Listed
Feb 21, 2006 Sold
Premium
Sold
Jan 4, 2006 Listed $273,525
Listed
Apr 27, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,152
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,585
  • Gross Building Area: 4,046
  • Building Area: 1,585
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,585
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 11937
  • Parcel: METH M:00618 B:00160 L:00057
  • Block: 160
  • Lot: 57
  • Municipality: METHUEN
  • Latitude: 42.7015
  • Longitude: -71.1933

    Address

  • Full Address: 51 Strathmore Rd
  • Address - House Number: 51
  • Address - Street Name: Strathmore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4878
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $470,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 469,795
  • High Value: 586,801
  • Low Value: 352,789

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,700
  • Assessed Land Value: $158,400
  • Assessed Improvements Value: $243,300

    Sales

  • Current Sale Recording Date: Oct 16, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29889
  • Previous Sale Recording Date: Feb 21, 2006
  • Previous Sale Amount: $265,000
  • 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

53

Average Home Size

2190 ft²

Average Home Age

60.7 years

Currently For Sale

75 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# 70922798

Frequently Asked Questions

When was property at 51 Strathmore Road built and last sold?
The property at 51 Strathmore Road was built in 1935 and last sold on Jan 1, 1970 for $191,000.
How much is this home worth?
The estimated value of the home located at 51 Strathmore Road is $215,113.
What are some comparable homes to 51 Strathmore Road?
There are currently no comparable homes to 51 Strathmore Road.
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