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Methuen Town 01844
56 Atkinson St.
$400,000
● House - Off Market

56 Atkinson St.

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,691 Ft²
$621,486
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

**OPEN HOUSE 10/27 12:30-2PM!** You'll be right a home with this beautiful Move-In ready 3 Bedroom 2 full Bah with potential for a 5 bedroom!  This charming colonial boasts spacious rooms, a large back yard, and an attached two car garage.  The 3-season sunroom with attached deck is perfect for entertaining. Huge second floor family room features it's own balcony.  With plenty of extra rooms, perfect for your Home Office or conversion into a 4th and 5th bedroom. All major ticket upgrades have been completed including a brand new roof.
Unit Size
2,691 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$158
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1988

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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 #72555153)

Price History

Date / Event Date Event Price
Dec 20, 2019 Sold
Premium
Sold
Sep 2, 2019 Listed by Century 21 North East $424,900
Listed by Century 21 North East
Sep 24, 2007 Sold
Premium
Sold
Jul 18, 2007 Listed by Century 21 North East $359,900
Listed by Century 21 North East

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 988
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,341
  • Total Building Area: 2,691
  • Gross Building Area: 5,892
  • Building Area: 2,691
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,691
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNN SHORE DRIVE CONDO
  • Land Acres: 0000000398
  • 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: 252602

Zoning

  • Zoning: RR

Geography

  • Account Number: 9816
  • Parcel: METH M:00802 B:00072 L:00020
  • Block: 72
  • Lot: 20
  • Municipality: METHUEN
  • Latitude: 42.785
  • Longitude: -71.1694

    Address

  • Full Address: 56 Atkinson St
  • Address - House Number: 56
  • Address - Street Name: Atkinson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1231
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,500

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 640,184
  • High Value: 748,565
  • Low Value: 531,803

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,600
  • Assessed Land Value: $170,200
  • Assessed Improvements Value: $358,400

    Sales

  • Current Sale Contract Date: Dec 15, 2019
  • Current Sale Recording Date: Dec 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32445
  • Previous Sale Recording Date: Sep 24, 2007
  • Previous Sale Amount: $355,000
  • 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

$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 387 Main, Salem, 03079

$2,400 /mo

  • 1 Bed
  • 1,000 ft²
387 Main #1, Salem, 03079 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72555153

Frequently Asked Questions

When was property at 56 Atkinson Street built and last sold?
The property at 56 Atkinson Street was built in 1988 and last sold on Dec 15, 2019 for $400,000.
How much is this home worth?
The estimated value of the home located at 56 Atkinson Street is $451,922.
What are some comparable homes to 56 Atkinson Street?
There are currently no comparable homes to 56 Atkinson Street.
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