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Methuen Town 01844
54 Harris St
$331,000
● House - Off Market

54 Harris St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,651 Ft²
$470,253
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

West Methuen- Excellent Value!!  Affordable 3 bedroom ranch in walking distance to The Marsh School!  This just may be the FINEST BACK YARD on the market today!!  Sprawling, perfectly flat half acre with frontage over on Garfield. Great floor plan w/ fireplaced living room and large family room.  Updates include a high efficiency gas boiler, roof and windows replaced in 2003, charming oak kitchen, modern appliances, and zero maintenance vinyl siding!  Extensive decking overlooks the coolest fireplaced cabana you have ever seen...your MANTOWN awaits!!  DISCLOSURE: 2 full baths function, but are in need of cosmetic repair.  Garage has some old, minor fire damage, which does not appear to be structural in nature.  Above ground pool needs work.  Sold As-Is.
Unit Size
1,651 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$194
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1940

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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 #72484446)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
Apr 18, 2019 Listed by Century 21 McLennan & Company $319,900
Listed by Century 21 McLennan & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 826
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,651
  • Gross Building Area: 2,339
  • Building Area: 1,651
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,651
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000459
  • 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: RR

Geography

  • Account Number: 1458
  • Parcel: METH M:00214 B:00128 L:00043B
  • Block: 128
  • Lot: 43B
  • Municipality: METHUEN
  • Latitude: 42.7296
  • Longitude: -71.2382

    Address

  • Full Address: 54 Harris St
  • Address - House Number: 54
  • Address - Street Name: Harris
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1008
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $473,700

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 534,038
  • High Value: 634,151
  • Low Value: 433,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,900
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $204,900

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13425
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

52

Average Home Size

2150 ft²

Average Home Age

54.9 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

Unit for rent at 58 Brady, Salem, 03079

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72484446

Frequently Asked Questions

When was property at 54 Harris Street built and last sold?
The property at 54 Harris Street was built in 1940 and last sold on Jun 13, 2019 for $331,000.
How much is this home worth?
The estimated value of the home located at 54 Harris Street is $335,045.
What are some comparable homes to 54 Harris Street?
There are currently no comparable homes to 54 Harris Street.
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