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Methuen Town 01844
52 Davis Road
$420,000
● House - Off Market

52 Davis Road

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,400 Ft²
$455,421
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome to the perfect downsize or starter home. This two bedroom home has additional bonus area with the possibility of a third bedroom. The kitchen features stainless steel appliances and peninsula. Hardwood and engineered hardwood thoughout living room, family room, dining room, and master bedroom. Upgrades include new driveway (2020) and backyard with patio (2021). Plenty of storage in the two backyard sheds. A commuter's dream; routes 213, 93, and 495 all nearby. Just a short ride away to mountains, beaches, and Tax-Free New Hampshire. Quick close possible.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$311
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1955

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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 #73030765)

Price History

Date / Event Date Event Price
Oct 3, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $435,235
Relisted
Sep 7, 2022 Listed by Connie Doto Realty Group $435,235
Listed by Connie Doto Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,400
  • Gross Building Area: 2,064
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000230
  • 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: 904
  • Parcel: METH M:00714 B:00041 L:00012J
  • Block: 41
  • Lot: 12J
  • Municipality: METHUEN
  • Latitude: 42.7296
  • Longitude: -71.1741

    Address

  • Full Address: 52 Davis Rd
  • Address - House Number: 52
  • Address - Street Name: Davis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C022
  • 4-Digit Zip Code: 3946
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,200

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 459,542
  • High Value: 543,082
  • Low Value: 376,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,900
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $180,900

    Sales

  • Current Sale Contract Date: Sep 20, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23231
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

2218 ft²

Average Home Age

56.4 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# 73030765

Frequently Asked Questions

When was property at 52 Davis Road built and last sold?
The property at 52 Davis Road was built in 1955 and last sold on Sep 20, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 52 Davis Road is $443,486.
What are some comparable homes to 52 Davis Road?
There are currently no comparable homes to 52 Davis Road.
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