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Methuen Town 01844
62 Ayers Village
$540,000
● House - Off Market

62 Ayers Village

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,690 Ft²
$526,595
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Well-maintained 3 bedroom split level in a desirable area of Methuen. The main floor offers a large eat in kitchen w/ tiled backsplash and granite countertops opening up to a spacious living room with hardwood floors. Down the hall are three bedrooms with hardwood floors, closet space and  an updated full bath with ceramic tile. The lower level family room offers lots of space, wall to wall carpeting, laundry area, half bath. ample storage and one car garage. The home has excellent space for backyard entertaining with a three season room, large deck & above ground pool. Great commuter location, minutes to I-495 and I-93.Agents see remarks
Unit Size
1,690 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$314
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
1985

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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: 5 months ago (MLSPIN #73138461)

Price History

Date / Event Date Event Price
Sep 7, 2023 Sold
Premium
Sold
Aug 5, 2023 In contract -
In contract
Jul 31, 2023 Price Increased $529,900
↑ $233K (78.4%)
Price Increased
Jul 26, 2023 In contract -
In contract
Jul 18, 2023 Listed by RE/MAX Innovative Properties $529,900
Listed by RE/MAX Innovative Properties
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,100
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,690
  • Gross Building Area: 2,760
  • Building Area: 1,690
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,690
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 252602

Zoning

  • Zoning: RR

Geography

  • Account Number: 10024
  • Parcel: METH M:00702 B:00072A L:00008D
  • Block: 72A
  • Lot: 8D
  • Municipality: METHUEN
  • Latitude: 42.7887
  • Longitude: -71.1742

    Address

  • Full Address: 62 Ayers Village Rd
  • Address - House Number: 62
  • Address - Street Name: Ayers Village
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1233
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $574,800

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 543,422
  • High Value: 670,838
  • Low Value: 416,006

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,300
  • Assessed Land Value: $227,800
  • Assessed Improvements Value: $263,500

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14716
  • Previous Sale Recording Date: Oct 30, 2017
  • Previous Sale Amount: $370,000
  • 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

2206 ft²

Average Home Age

55.2 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

Unit for rent at 387 Main St., Salem, 03079

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 1,096 ft²
387 Main St. #3, Salem, 03079 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73138461

Frequently Asked Questions

When was property at 62 Ayers Village Road built and last sold?
The property at 62 Ayers Village Road was built in 1985 and last sold on Sep 7, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 62 Ayers Village Road is $521,920.
What are some comparable homes to 62 Ayers Village Road?
There are currently no comparable homes to 62 Ayers Village Road.
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