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Methuen Town 01844
69 Benefit St
$542,000
● House - Off Market

69 Benefit St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,747 Ft²
$525,780
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

PRIDE OF OWNERSHIP in this West Methuen Colonial. Main floor with spacious eat in kitchen, sliders to the deck overlooking the tranquil back yard, pantry closet, living room, dining room, half bath w laundry. Second level includes large Main bedroom with double closets, 2 additional guestrooms, and a full bath.  Basement is finished with plenty of room for gathering and entertaining, with access to side yard deck, large storage room and 1 car garage under.  Meticulously landscaped, enjoy your morning coffee watching the birds in this natural setting. Located in the Marsh school district! This property has it all and will not last!  Convenient to shopping, schools, restaurants. First showings at the open house  Sunday 4/16/23 from 12-2pm. Offers due Monday by 5pm.
Unit Size
1,747 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$300
Property Type
House
Property Taxes
$425
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 #73098784)

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold
Premium
Sold
Apr 18, 2023 In contract -
In contract
Apr 13, 2023 Listed by Berkshire Hathaway HomeServices Verani Realty Methuen $524,900
Listed by Berkshire Hathaway HomeServices Verani Realty Methuen
May 24, 2001 Sold
Premium
Sold
Feb 19, 2001 Listed by Berkshire Hathaway HomeServices Verani Realty Methuen $241,900
Listed by Berkshire Hathaway HomeServices Verani Realty Methuen
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 4
  • 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: 736
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,323
  • Total Building Area: 1,747
  • Gross Building Area: 2,485
  • Building Area: 1,747
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,747
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000283
  • 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: 6967
  • Parcel: METH M:00412 B:00126B L:00238E
  • Block: 126B
  • Lot: 238E
  • Municipality: METHUEN
  • Latitude: 42.7371
  • Longitude: -71.2205

    Address

  • Full Address: 69 Benefit St
  • Address - House Number: 69
  • Address - Street Name: Benefit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1503
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $509,900

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 552,017
  • High Value: 649,908
  • Low Value: 454,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,800
  • Assessed Land Value: $173,600
  • Assessed Improvements Value: $262,200

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9281
  • Previous Sale Recording Date: May 24, 2001
  • Previous Sale Amount: $235,000
  • 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:

$599,900

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 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 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# 73098784

Frequently Asked Questions

When was property at 69 Benefit Street built and last sold?
The property at 69 Benefit Street was built in 1998 and last sold on Jun 15, 2023 for $542,000.
How much is this home worth?
The estimated value of the home located at 69 Benefit Street is $521,776.
What are some comparable homes to 69 Benefit Street?
There are currently no comparable homes to 69 Benefit Street.
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