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Methuen Town 01844
60 Tower St.
$190,000
● House - Off Market

60 Tower St.

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,148 Ft²
$476,968
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

LOOKS SMALL BUT ACTS BIG! REMODELED WHITE KIT; DIN RM W/ NEW PERGO FLR; YNG W/W, ROOFING, WATER HTR; UPDATED ELEC; MANY D/G REPLCMNT WINDOWS. LL OFFERS LG FAMILY RM, BIG MBR, 8X12 LAUNDRY/STORAGE; DEN W/ SLIDERS TO 2-TIER DECK & A/G POOL.
Unit Size
1,148 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$165
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #30586051)

Price History

Date / Event Date Event Price
Dec 13, 2021 Sold
Premium
Sold
Oct 11, 2021 Listed by RE/MAX Partners $405,000
Listed by RE/MAX Partners
Jul 31, 2009 Sold
Premium
Sold
May 27, 2009 Listed by RE/MAX Partners $187,000
Listed by RE/MAX Partners
Jun 10, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 1
  • 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: 772
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,534
  • Gross Building Area: 2,446
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 252400

Zoning

  • Zoning: RG

Geography

  • Account Number: 7454
  • Parcel: METH M:00714 B:00037 L:00002B
  • Block: 37
  • Lot: 2B
  • Municipality: METHUEN
  • Latitude: 42.7244
  • Longitude: -71.1764

    Address

  • Full Address: 60 Tower St
  • Address - House Number: 60
  • Address - Street Name: Tower
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C020
  • 4-Digit Zip Code: 4424
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 484,566
  • High Value: 572,655
  • Low Value: 396,478

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,100
  • Assessed Land Value: $149,500
  • Assessed Improvements Value: $209,600

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40568
  • Previous Sale Recording Date: Jul 31, 2009
  • Previous Sale Amount: $178,000
  • 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

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30586051

Frequently Asked Questions

When was property at 60 Tower Street built and last sold?
The property at 60 Tower Street was built in 1955 and last sold on Dec 13, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 60 Tower Street is $405,372.
What are some comparable homes to 60 Tower Street?
There are currently no comparable homes to 60 Tower Street.
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