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Methuen Town 01844
62 West St
$476,000
● House - Off Market

62 West St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,614 Ft²
$745,386
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Very desirable floor plan with 7 room/ 3-bedroom, fireplace in the living room, hardwood floors, family room, and a 2 car garage. You will feel overwhelmed with delight as you enter through its' inviting foyer with the dining room and family area on either side of you. On the 2nd level you will find the master bedroom and master bath, along with 2 additional bedrooms and the 2nd full bath.  The basement is partially finished. This is a must see!
Unit Size
2,614 Ft²
Days on Market
-
Land Size
2.10 acres
Price per sqft
$180
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
1998

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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 #72242802)

Price History

Date / Event Date Event Price
Dec 1, 2017 Sold
Premium
Sold
Oct 12, 2017 Listed by Coco, Early & Associates $469,900
Listed by Coco, Early & Associates

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,552
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,476
  • Total Building Area: 2,614
  • Gross Building Area: 4,480
  • Building Area: 2,614
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,614
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002100
  • 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: 252102

Zoning

  • Zoning: RR

Geography

  • Account Number: 3512
  • Parcel: METH M:00214 B:00129B L:00037D
  • Block: 129B
  • Lot: 37D
  • Municipality: METHUEN
  • Latitude: 42.7231
  • Longitude: -71.2403

    Address

  • Full Address: 62 West St
  • Address - House Number: 62
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1318
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $732,900

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 745,857
  • High Value: 902,101
  • Low Value: 589,613

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626,400
  • Assessed Land Value: $226,800
  • Assessed Improvements Value: $399,600

    Sales

  • Current Sale Recording Date: Dec 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31455
  • Previous Sale Recording Date: May 01, 2013
  • 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:

$599,500

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2233 ft²

Average Home Age

56 years

Currently For Sale

75 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: 5 months ago
Data Source: MLS PIN, MLS# 72242802

Frequently Asked Questions

When was property at 62 West Street built and last sold?
The property at 62 West Street was built in 1998 and last sold on Jan 1, 1970 for $476,000.
How much is this home worth?
The estimated value of the home located at 62 West Street is $496,326.
What are some comparable homes to 62 West Street?
There are currently no comparable homes to 62 West Street.
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