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Methuen Town 01844
52 Venice Rd
$350,000
● House - Off Market

52 Venice Rd

Methuen, MA 01844
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,807 Ft²
$526,559
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Located in the Marsh School district this 5 bedroom, 3 full bath split is just waiting for a new owner!  Plenty of room and storage.  Eat-in kitchen and formal dining room.  Family room with bar and full laundry room with sink in basement.  3 season porch with sliders is just off the dining room.  Large shed and level yard.  Easy to show!
Unit Size
2,807 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$128
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #72565520)

Price History

Date / Event Date Event Price
Dec 13, 2019 Sold
Premium
Sold
Sep 16, 2019 Listed by RE/MAX Main St. Associates $360,000
Listed by RE/MAX Main St. Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,450
  • 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: 2,807
  • Gross Building Area: 3,288
  • Building Area: 2,807
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,807
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 252202

Zoning

  • Zoning: RD

Geography

  • Account Number: 10752
  • Parcel: METH M:00412 B:00126B L:00102
  • Block: 126B
  • Lot: 102
  • Municipality: METHUEN
  • Latitude: 42.7356
  • Longitude: -71.2158

    Address

  • Full Address: 52 Venice Rd
  • Address - House Number: 52
  • Address - Street Name: Venice
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1640
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $571,200

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 581,228
  • High Value: 679,627
  • Low Value: 482,828

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,200
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $320,200

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31631
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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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

Unit for rent at 12 Tiffany, Salem, 03079

$1,675 /mo

  • 1 Bed
  • 1 Bath
  • 780 ft²
12 Tiffany #3, Salem, 03079 Listing by Alanna Brush
Unit for rent at 99 Cluff, Salem, 03079

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 661 ft²
99 Cluff #5, Salem, 03079 Listing by Debbie Collyns

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72565520

Frequently Asked Questions

When was property at 52 Venice Road built and last sold?
The property at 52 Venice Road was built in 1988 and last sold on Nov 26, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 52 Venice Road is $363,435.
What are some comparable homes to 52 Venice Road?
There are currently no comparable homes to 52 Venice Road.
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