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Methuen Town 01844
58 Frye Road
$590,000
● House - Off Market

58 Frye Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,954 Ft²
$530,580
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This split level home has been recently refreshed and features a painted white kitchen with stainless appliances and quartz countertops.  The layout is open and ideal for entertaining and enjoying everyday living! Off the dining area the deck awaits summer barbecues, and overlooks a in-ground pool for fun in the hot summer months!  Downstairs the finished basement provides a great area as a TV room , playroom, home office or exercise area!  The 2 gar garage provides convenience, especially during the winter months. Located in a quiet neighborhood convenient to 495, the Loop, shopping and restaurants. There has been recent updates and there is still some work to do, however 58 Frye road is a place to enjoy coming home to!
Unit Size
1,954 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$268
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1973

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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 #72968819)

Price History

Date / Event Date Event Price
Jun 9, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by Leading Edge Real Estate $524,500
Listed by Leading Edge Real Estate
Mar 2, 2005 Sold
Premium
Sold
Jan 2, 2005 Listed by Leading Edge Real Estate $325,000
Listed by Leading Edge Real Estate
Jun 26, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,196
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,110
  • Total Building Area: 1,954
  • Gross Building Area: 2,562
  • Building Area: 1,954
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,954
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRYE FOREST SEC 01
  • Land Acres: 0000000278
  • 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: 13045
  • Parcel: METH M:01012 B:00108 L:00257Q
  • Block: 108
  • Lot: 257Q
  • Municipality: METHUEN
  • Latitude: 42.7388
  • Longitude: -71.1376

    Address

  • Full Address: 58 Frye Rd
  • Address - House Number: 58
  • Address - Street Name: Frye
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C031
  • 4-Digit Zip Code: 5613
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 557,039
  • High Value: 645,026
  • Low Value: 469,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,400
  • Assessed Land Value: $173,100
  • Assessed Improvements Value: $267,300

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13768
  • Previous Sale Recording Date: Mar 02, 2005
  • Previous Sale Amount: $320,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72968819

Frequently Asked Questions

When was property at 58 Frye Road built and last sold?
The property at 58 Frye Road was built in 1973 and last sold on Jun 9, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 58 Frye Road is $531,752.
What are some comparable homes to 58 Frye Road?
There are currently no comparable homes to 58 Frye Road.
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