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Methuen Town 01844
51-B Pleasant St
$480,000
● House - Off Market

51-B Pleasant St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,115 Ft²
$725,961
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

New Construction! Open Concept With Contemporary Flare, Located In The Heart Of Methuen. The First Floor Flows Gracefully From The Fireplaced Family Room To The Kitchen With Granite Counter Tops, Stainless Steel Appliances With Recessed Lighting, The Dining Area Leading To A Maintenance Free Deck That Overlooks The Serene Woods Of Grey–Court Park. The Second Floor Boasts Its True Four Bedrooms With The Master Offering A Walk-In Closet And Main Bath.  5" Hardwood Flooring Through-Out. It Also Includes Central Air For Summer Comfort, Gas Fireplace, A Pull Down Attic, Vinyl Siding And A Two Car Garage And A Walk-Out Basement.  All This Conveniently Located Within Minutes To Major Highways, Restaurants & Shopping Centers. This Home Is An Outstanding Value At Its Best And Still Time To Pick Your Finishes, Reach Out Today
Unit Size
2,115 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$227
Property Type
House
Property Taxes
$104
HOA Dues
-
Year Built
1901

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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 #72303358)

Price History

Date / Event Date Event Price
Aug 28, 2018 Sold
Premium
Sold
Apr 11, 2018 Sold
Premium
Sold
Apr 4, 2018 Listed by Coco, Early & Associates $479,900
Listed by Coco, Early & Associates
May 16, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,134
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,270
  • Total Building Area: 2,511
  • Gross Building Area: 4,223
  • Building Area: 2,511
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,511
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000328
  • 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: RD

Geography

  • Account Number: 13924
  • Parcel: METH M:00712 B:00041 L:00124A
  • Block: 41
  • Lot: 124A
  • Municipality: METHUEN
  • Latitude: 42.7311
  • Longitude: -71.1823

    Address

  • Full Address: 51 Pleasant St
  • Address - House Number: 51
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C018
  • 4-Digit Zip Code: 3175
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $692,800

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 696,143
  • High Value: 815,345
  • Low Value: 576,941

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $592,100
  • Assessed Land Value: $163,400
  • Assessed Improvements Value: $428,700

    Sales

  • Current Sale Recording Date: Apr 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8163
  • Previous Sale Recording Date: May 16, 2017
  • Previous Sale Amount: $414,000
  • 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

2129 ft²

Average Home Age

55.9 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72303358

Frequently Asked Questions

When was property at 51B Pleasant Street built and last sold?
The property at 51B Pleasant Street was built in 1901 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 51B Pleasant Street is $490,348.
What are some comparable homes to 51B Pleasant Street?
There are currently no comparable homes to 51B Pleasant Street.
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