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Methuen Town 01844
57 Comet Rd.
$230,000
● House - Off Market

57 Comet Rd.

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
938 Ft²
$443,839
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

A must see two bedroom, move in ready home with a fantastic neighborhood location, with great access to the major highways and southern New Hampshire. This beautiful home features  hardwood floors in the living room and master bedroom and new wall to wall carpet in the second bedroom. A spacious composite deck looks out over the back yard and a full walkout basement caps off this freshly painted and meticulously maintained home that is ready for you to move right in.
Unit Size
938 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$272
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1979

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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 #71934511)

Price History

Date / Event Date Event Price
Mar 31, 2016 Sold
Premium
Sold
Nov 19, 2015 Listed by Coldwell Banker Residential Brokerage - Andover $255,000
Listed by Coldwell Banker Residential Brokerage - Andover
Sep 26, 2003 Sold
Premium
Sold
May 7, 2003 Listed by Coldwell Banker Realty - Andover $239,900
Listed by Coldwell Banker Realty - Andover
RECENTLY RENOVATED HOME. GREAT COMMUTER LOCATION MINUTES TO 495. NEW WINDOWS, NEW SIDING, NEW KITCHEN FLOORS AND COUNTERTOPS. FRESHLY PAINTED, NEW CARPETS. FENCED BACKYARD. APPLIANCES NEGOTIABLE.
Jan 31, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 938
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 938
  • Gross Building Area: 2,065
  • Building Area: 938
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 938
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRADLEY FARM TERRACE
  • Land Acres: 0000000124
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 474
  • Parcel: METH M:01012 B:00108 L:00220
  • Block: 108
  • Lot: 220
  • Municipality: METHUEN
  • Latitude: 42.737
  • Longitude: -71.1381

    Address

  • Full Address: 57 Comet Rd
  • Address - House Number: 57
  • Address - Street Name: Comet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 5603
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406,500

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 456,529
  • High Value: 542,034
  • Low Value: 371,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,400
  • Assessed Land Value: $157,000
  • Assessed Improvements Value: $190,400

    Sales

  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7314
  • Previous Sale Recording Date: May 16, 2012
  • 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

2203 ft²

Average Home Age

52.9 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71934511

Frequently Asked Questions

When was property at 57 Comet Road built and last sold?
The property at 57 Comet Road was built in 1979 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 57 Comet Road is $260,240.
What are some comparable homes to 57 Comet Road?
There are currently no comparable homes to 57 Comet Road.
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