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Methuen Town 01844
60 Strathmore Rd
$305,000
● House - Off Market

60 Strathmore Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,404 Ft²
$453,669
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

***multiple offers in, highest and best due by Monday at 5:00***  West Methuen- Classic colonial home located on a quiet side street, just minutes off of Rt 93.  Inside features all newly refinished hardwood floors, a large kitchen with solid cherry wood cabinets, 2 1/2 baths, and a lovely finished lower level playroom, or flexible 4th bedroom option. Thermopane windows, aluminum siding, and a modern roof will provide for easy, low maintenance living.  Cute yard too!
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$214
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1929

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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 #72360261)

Price History

Date / Event Date Event Price
Aug 31, 2018 Sold
Premium
Sold
Jul 11, 2018 Listed by Century 21 McLennan & Company $299,900
Listed by Century 21 McLennan & Company
Oct 22, 1997 Sold
Premium
Sold
Jun 25, 1997 Listed by Century 21 McLennan & Company $104,900
Listed by Century 21 McLennan & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 702
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,670
  • Total Building Area: 1,860
  • Gross Building Area: 2,305
  • Building Area: 1,860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000061
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 8380
  • Parcel: METH M:00618 B:00160 L:00021
  • Block: 160
  • Lot: 21
  • Municipality: METHUEN
  • Latitude: 42.7011
  • Longitude: -71.1936

    Address

  • Full Address: 60 Strathmore Rd
  • Address - House Number: 60
  • Address - Street Name: Strathmore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4879
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $440,900

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 485,309
  • High Value: 576,287
  • Low Value: 394,331

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,800
  • Assessed Land Value: $128,100
  • Assessed Improvements Value: $248,700

    Sales

  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21482
  • Previous Sale Recording Date: Oct 22, 1997
  • Previous Sale Amount: $99,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72360261

Frequently Asked Questions

When was property at 60 Strathmore Road built and last sold?
The property at 60 Strathmore Road was built in 1929 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 60 Strathmore Road is $304,238.
What are some comparable homes to 60 Strathmore Road?
There are currently no comparable homes to 60 Strathmore Road.
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