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Methuen Town 01844
6 Winstead Ave
$375,000
● House - Off Market

6 Winstead Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,545 Ft²
$530,938
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Desirable Marsh School District location on a level lot of almost a quarter of acre. Commuters dream. Minutes to Rtes. 495 and 93, close to shopping malls and restaurants. This open, light and bright home features hardwood floors throughout, kitchen with white cabinets, granite counter tops and stainless steel appliances, updated full bath, mudroom and laundry area on first floor. Three spacious bedrooms and a full bath with a clawfoot tub on second floor. Three season porch, rear deck and enormous yard big enough for social gatherings. Finished rooms in attic area not included on the living area sf. GROUP SHOWING THURSDAY APRIL 18th, from 5 to 6 PM. HIGHEST AND BEST BY SATURDAY APRIL 20TH, 5PM.
Unit Size
1,545 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$233
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1900

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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 #72473655)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Mar 31, 2019 Listed by Valley Realty Group $359,900
Listed by Valley Realty Group
Jan 25, 2019 Sold
Premium
Sold
Nov 24, 2018 Listed by Valley Realty Group $255,000
Listed by Valley Realty Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 683
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,545
  • Gross Building Area: 2,963
  • Building Area: 1,545
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,545
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 1896
  • Parcel: METH M:00318 B:00165A L:00077
  • Block: 165A
  • Lot: 77
  • Municipality: METHUEN
  • Latitude: 42.6982
  • Longitude: -71.226

    Address

  • Full Address: 6 Winstead Ave
  • Address - House Number: 6
  • Address - Street Name: Winstead
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 2236
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 510,314
  • High Value: 599,375
  • Low Value: 421,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,100
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $206,100

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12170
  • Previous Sale Recording Date: Jan 25, 2019
  • Previous Sale Contract Date: Jan 18, 2019
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: O
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

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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: 4 months ago
Data Source: MLS PIN, MLS# 72473655

Frequently Asked Questions

When was property at 6 Winstead Avenue built and last sold?
The property at 6 Winstead Avenue was built in 1900 and last sold on May 31, 2019 for $375,000.
How much is this home worth?
The estimated value of the home located at 6 Winstead Avenue is $367,805.
What are some comparable homes to 6 Winstead Avenue?
There are currently no comparable homes to 6 Winstead Avenue.
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