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Methuen Town 01844
54 Washington St
$420,000
● House - Off Market

54 Washington St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,944 Ft²
$755,434
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Absolutely stunning Colonial! Located In The CGS School District! This Spacious 8 Room, 4 Bedroom, 2.5 Bath Colonial Features a Wide Open Kitchen with granite countertops, kitchen island and Stainless Steel Appliances that Opens to the Huge Family Room with beautiful Fireplace! Sliding Glass Doors to the Spacious Deck that Leads to a Private Yard! beautiful flooring, Formal Dining Room, Living Room, and Office! You'll Love the Master Bedroom with Two Walk in Closet full walk-up attic for storage or additional living space. Abuts beautiful Chestnut Hills!! Two Car garage under and plenty of off street parking! Near acre of beautiful land in convenient location to highways, shopping the LOOP Center & more!! Won't Last! Call Today!
Unit Size
1,944 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$231
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1997

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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: 5 months ago (MLSPIN #72088355)

Price History

Date / Event Date Event Price
Dec 30, 2016 Sold
Premium
Sold
Nov 1, 2016 Listed by Angel Homes Realty, Inc. $449,000
Listed by Angel Homes Realty, Inc.
Jun 3, 2003 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,343
  • Total Building Area: 1,944
  • Gross Building Area: 3,000
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000949
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 5371
  • Parcel: METH M:00810 B:00077E L:00001A
  • Block: 77E
  • Lot: 1A
  • Municipality: METHUEN
  • Latitude: 42.7498
  • Longitude: -71.1625

    Address

  • Full Address: 54 Washington St
  • Address - House Number: 54
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R015
  • 4-Digit Zip Code: 2619
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $689,900

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 703,394
  • High Value: 823,837
  • Low Value: 582,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,700
  • Assessed Land Value: $253,400
  • Assessed Improvements Value: $336,300

    Sales

  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35178
  • Previous Sale Recording Date: Jun 03, 2003
  • Previous Sale Amount: $332,500
  • 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

52

Average Home Size

2184 ft²

Average Home Age

58.6 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# 72088355

Frequently Asked Questions

When was property at 54 Washington Street built and last sold?
The property at 54 Washington Street was built in 1997 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 54 Washington Street is $459,570.
What are some comparable homes to 54 Washington Street?
There are currently no comparable homes to 54 Washington Street.
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