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Methuen Town 01844
61 Thornton Ave
Photo of 61 Thornton Ave

11

Map

Photo of 61 Thornton Ave
Photo of 61 Thornton Ave
$494,900
● House - In Contract

61 Thornton Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,020 Ft²
$2,814
Est. Monthly

About This Property

Charming three-bedroom Colonial with an exciting BRAND-NEW KITCHEN! Beautifully updated and move-in ready, this home features a stunning new kitchen with stainless steel appliances, BRAND-NEW FLOORING throughout, and updated windows. The flexible first-floor layout offers the potential for a convenient primary bedroom, with easy access to the dining room and gorgeous new kitchen. Full of character and opportunity, this lovely home is nestled in a desirable Merrimack Valley location, close to local amenities, shopping, dining, and commuter routes. OPEN HOUSE: Sunday Sept 6th, 10am-Noon!
Unit Size
1,020 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$485
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1905

Listed By

Blaise Coco
Coco, Early & Associates

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Cap Rate Calculator

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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: 27 days ago (MLSPIN #73572111)

Price History

Date / Event Date Event Price
Oct 6, 2026 In contract -
In contract
Sep 4, 2026 Listed by Berkshire Hathaway HomeServices Verani Realty Salem $494,900
Listed by Berkshire Hathaway HomeServices Verani Realty Salem
Mar 6, 2026 No longer available -
No longer available
Dec 10, 2025 Withdrawn -
Withdrawn
Nov 14, 2025 Listed by Berkshire Hathaway HomeServices Verani Realty Salem $499,900
Listed by Berkshire Hathaway HomeServices Verani Realty Salem
Great Location & Incredible Opportunity! Discover the potential in this charming single-family home — perfect for first-time homebuyers! Featuring three generous bedrooms, a spacious country kitchen, and a convenient first-floor master bedroom, this comfortable Colonial offers plenty of room to make it your own. Don’t miss your chance to become a homeowner and unlock all the possibilities this home has to offer. Join us for our Open House on Sunday and see the potential for yourself! Property to be subdivided leaving 10K square feet of land with 61Thornton Avenue prior to closing

Property Highlights

Parking Available
Parking Details
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 1
Rooms: 6
Basement: Partial
Exterior Details
Square Footage: 1020
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1905
Building Area Total: 1020
Building Area Units: Square Feet
Construction Materials: Frame
Lot Features: Level, Other
Lot Size Area: 0.51
Lot Size Units: Acres
Lot Size Acres: 0.51
Lot Size Square Feet: 22476
Water Source: Public
Financial Details
Tax Assessed Value: $470,700
Tax Annual Amount: $4,607
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 760
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,499
  • Total Building Area: 1,020
  • Gross Building Area: 2,325
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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: 14197
  • Parcel: METH M:01111 B:00110B L:00090
  • Block: 110B
  • Lot: 90
  • Municipality: METHUEN
  • Latitude: 42.7371
  • Longitude: -71.128

    Address

  • Full Address: 61 Thornton Ave
  • Address - House Number: 61
  • Address - Street Name: Thornton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C044
  • 4-Digit Zip Code: 6438
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 468,752
  • High Value: 527,547
  • Low Value: 409,958

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,200
  • Assessed Land Value: $189,800
  • Assessed Improvements Value: $173,400
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

2193 ft²

Average Home Age

59.5 years

Currently For Sale

74 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: 27 days ago
Data Source: MLS PIN, MLS# 73572111

Frequently Asked Questions

When was property at 61 Thornton Avenue built and last sold?
The property at 61 Thornton Avenue was built in 1905 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 61 Thornton Avenue is $492,664.
What are some comparable homes to 61 Thornton Avenue?
There are currently no comparable homes to 61 Thornton Avenue.
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