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Methuen Town 01844
61 Boston St
$357,000
● House - Off Market

61 Boston St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,644 Ft²
$528,300
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Your dream home awaits! Pride in ownership shown throughout the house. Located in a highly sought after neighborhood, this beautiful single family house has many updates; including premium cabinets, granite counter tops with an island to match and stainless steel appliances, beautiful hard wood floor, ceramic tiles, heating system, electrical panel, water heater, and some newer windows. Ample yard space with a shed for storage and plenty of off-street parking. Property to be sold "as-is", home inspection for buyer informational purposes only. Open House Saturday 4/13 from 11am-1pm.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$219
Property Type
House
Property Taxes
$340
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: 6 months ago (MLSPIN #72480927)

Price History

Date / Event Date Event Price
Jul 2, 2019 Sold
Premium
Sold
Apr 11, 2019 Listed by RE/MAX Insight $360,000
Listed by RE/MAX Insight
Aug 9, 2013 Sold
Premium
Sold
Jun 26, 2013 Listed by RE/MAX Insight $229,900
Listed by RE/MAX Insight
Sep 24, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 2,238
  • Gross Building Area: 2,676
  • Building Area: 2,238
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,238
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JM CURRIER
  • 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: 252501

Zoning

  • Zoning: MB

Geography

  • Account Number: 5790
  • Parcel: METH M:00914 B:00105 L:00101
  • Block: 105
  • Lot: 101
  • Municipality: METHUEN
  • Latitude: 42.7226
  • Longitude: -71.1526

    Address

  • Full Address: 61 Boston St
  • Address - House Number: 61
  • Address - Street Name: Boston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C023
  • 4-Digit Zip Code: 5303
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $509,200

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 553,188
  • High Value: 656,891
  • Low Value: 449,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,200
  • Assessed Land Value: $162,500
  • Assessed Improvements Value: $272,700

    Sales

  • Current Sale Contract Date: May 03, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15273
  • Previous Sale Recording Date: Aug 09, 2013
  • Previous Sale Amount: $232,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2230 ft²

Average Home Age

57.5 years

Currently For Sale

65 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: 6 months ago
Data Source: MLS PIN, MLS# 72480927

Frequently Asked Questions

When was property at 61 Boston Street built and last sold?
The property at 61 Boston Street was built in 1900 and last sold on May 3, 2019 for $357,000.
How much is this home worth?
The estimated value of the home located at 61 Boston Street is $369,655.
What are some comparable homes to 61 Boston Street?
There are currently no comparable homes to 61 Boston Street.
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