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Methuen Town 01844
56 Maplewood Avenue
Photo of 56 Maplewood Avenue
Sold on Jun 27, 2006

1

Map

$315,000
● House - Off Market

56 Maplewood Avenue

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,372 Ft²
$538,342
RealtyHop Estimate
68.28%
Since Jul 1, 2006
National-US
Primary Model

About This Property

Not a drive by! This West Methuen Garrison Colonial home is larger than it appears from the outside. It features six rooms, three bedrooms, one and a half baths plus 16x11 finished lower level playroom with storage closet space. Eat-in kitchen has beautiful new cherry cabinets and corian counter top. Brick fireplaced living room opens to formal dining room with French doors rear deck. Tiled entry foyer, wall air condition unit cools whole house, Master Bedroom closet organizer, six panel doors a
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$233
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1978

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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: 6 months ago (MLSPIN #70346685)

Price History

Date / Event Date Event Price
Jun 27, 2006 Sold
Premium
Sold
Mar 13, 2006 Listed $319,900
Listed
Aug 29, 1997 Sold
Premium
Sold
Jun 5, 1997 Listed $139,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 672
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,006
  • Total Building Area: 1,809
  • Gross Building Area: 2,479
  • Building Area: 1,809
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,809
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 7799
  • Land Acres: 0000000184
  • 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: 252201

Zoning

  • Zoning: RG

Geography

  • Account Number: 5582
  • Parcel: METH M:00514 B:00147 L:00098A
  • Block: 147
  • Lot: 98A
  • Municipality: METHUEN
  • Latitude: 42.7185
  • Longitude: -71.2014

    Address

  • Full Address: 56 Maplewood Ave
  • Address - House Number: 56
  • Address - Street Name: Maplewood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 2491
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $486,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 519,267
  • High Value: 601,287
  • Low Value: 437,246

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416,100
  • Assessed Land Value: $163,200
  • Assessed Improvements Value: $252,900

    Sales

  • Current Sale Recording Date: Jun 27, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21483
  • Previous Sale Recording Date: Aug 29, 1997
  • Previous Sale Amount: $135,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2186 ft²

Average Home Age

58.3 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: 6 months ago
Data Source: MLS PIN, MLS# 70346685

Frequently Asked Questions

When was property at 56 Maplewood Avenue built and last sold?
The property at 56 Maplewood Avenue was built in 1978 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 56 Maplewood Avenue is $323,057.
What are some comparable homes to 56 Maplewood Avenue?
There are currently no comparable homes to 56 Maplewood Avenue.
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