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Methuen Town 01844
68 Hillcrest Ave.
$320,000
● House - Off Market

68 Hillcrest Ave.

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$429,691
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Check out this 5 room, 3 bedroom, 1 bath Cape-Cod style home with an attached 1 stall garage, situated on a nice lot with fenced-in back yard. This West Methuen neighborhood is conveniently located close to highways, restaurants, public school, public transportation and a park, and offers easy access to everything in tax-free Salem, NH as well. A nice plus is the 2 year old Generac generator powered by natural gas that automatically comes on when the electricity goes out. The kitchen with separate dining area has newer cabinetry and easy-care laminate flooring.  Amenities include: architectural roof shingles installed in 2014; vinyl siding; D/G windows (except picture windows); a 2 year old oil tank; an ADT alarm system; C'B's, with 100 amps service; a garage plus ample driveway parking. Snooze you lose!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$293
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1945

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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 #72671840)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
Jun 11, 2020 Listed by RE/MAX Partners $309,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 704
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,503
  • Total Building Area: 1,056
  • Gross Building Area: 2,132
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 252202

Zoning

  • Zoning: RD

Geography

  • Account Number: 5469
  • Parcel: METH M:00412 B:00126B L:00269P
  • Block: 126B
  • Lot: 269P
  • Municipality: METHUEN
  • Latitude: 42.7321
  • Longitude: -71.219

    Address

  • Full Address: 68 Hillcrest Ave
  • Address - House Number: 68
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1518
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,600

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 466,825
  • High Value: 549,347
  • Low Value: 384,303

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,700
  • Assessed Land Value: $164,400
  • Assessed Improvements Value: $211,300

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18752
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

52

Average Home Size

2157 ft²

Average Home Age

54.7 years

Currently For Sale

73 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 58 Brady, Salem, 03079

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72671840

Frequently Asked Questions

When was property at 68 Hillcrest Avenue built and last sold?
The property at 68 Hillcrest Avenue was built in 1945 and last sold on Jul 15, 2020 for $320,000.
How much is this home worth?
The estimated value of the home located at 68 Hillcrest Avenue is $315,691.
What are some comparable homes to 68 Hillcrest Avenue?
There are currently no comparable homes to 68 Hillcrest Avenue.
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