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Methuen Town 01844
56 Pinehurst Avenue
Photo of 56 Pinehurst Avenue
Sold on Dec 21, 2006

1

Map

$285,000
● House - Off Market

56 Pinehurst Avenue

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,264 Ft²
$509,906
RealtyHop Estimate
70.03%
Since Jan 1, 2007
National-US
Primary Model

About This Property

Come drive by this fabulous house, but you must see inside to appreciate how spacious it really is!  This multi level home in the Marsh school district features, vinyl siding, large updated kitchen, formal dining room w/french doors,2room master suite w/ full bath & potential for walk-in closet.  2nd bedroom has walk-in closet. Hardwood floors in kitchen, dining room, living room & master.  Lower level features 3 finished rooms, currently being used as a teen suite. Call about special financing
Unit Size
2,264 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$132
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1951

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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 #70405684)

Price History

Date / Event Date Event Price
Dec 21, 2006 Sold
Premium
Sold
Jun 12, 2006 Listed $299,900
Listed
May 2, 2002 Sold
Premium
Sold
Feb 27, 2002 Listed $214,900
Listed
Apr 30, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 712
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,697
  • Total Building Area: 2,265
  • Gross Building Area: 2,758
  • Building Area: 2,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,265
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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: 1946
  • Parcel: METH M:00412 B:00126B L:00232U
  • Block: 126B
  • Lot: 232U
  • Municipality: METHUEN
  • Latitude: 42.7316
  • Longitude: -71.2179

    Address

  • Full Address: 56 Pinehurst Ave
  • Address - House Number: 56
  • Address - Street Name: Pinehurst
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1526
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 576,442
  • High Value: 681,232
  • Low Value: 471,651

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,000
  • Assessed Land Value: $162,500
  • Assessed Improvements Value: $226,500

    Sales

  • Current Sale Recording Date: Dec 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 155609
  • Previous Sale Recording Date: May 02, 2002
  • Previous Sale Amount: $214,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 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

$3,500 /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: 4 months ago
Data Source: MLS PIN, MLS# 70405684

Frequently Asked Questions

When was property at 56 Pinehurst Avenue built and last sold?
The property at 56 Pinehurst Avenue was built in 1951 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 56 Pinehurst Avenue is $325,618.
What are some comparable homes to 56 Pinehurst Avenue?
There are currently no comparable homes to 56 Pinehurst Avenue.
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