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Methuen Town 01844
69 Forest Street
$374,000
● House - Off Market

69 Forest Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,830 Ft²
$504,514
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Welcome to your new home! Come see this well kept 3 bedroom, 2 bath ranch. This is a great house in a great neighborhood, near shopping and easy access to major highways. The house sits on a very large, 11,000 square foot, flat lot that has a well manicured yard, back patios, a fenced-in pet area and a detached garage with a breezeway between the house and garage. Hardwood floors in the living room with fireplace and the 3 bedrooms. Large finished basement including full bath, a newly carpeted laundry room with washer and dryer, a large project room with plenty of shelving and 5 newly installed cellar windows. Lots of storage in the floored attic with pull-down stairway access.  Property on Lockbox / Easy to show
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$210
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1954

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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: 4 months ago (MLSPIN #72604188)

Price History

Date / Event Date Event Price
Dec 1, 2020 Sold
Premium
Sold
Jan 3, 2020 Listed by T.A. Sullivan Agency Inc. $384,000
Listed by T.A. Sullivan Agency Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,144
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 1,830
  • Gross Building Area: 3,813
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • 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: 252201

Zoning

  • Zoning: RD

Geography

  • Account Number: 9855
  • Parcel: METH M:00516 B:00152 L:00027D
  • Block: 152
  • Lot: 27D
  • Municipality: METHUEN
  • Latitude: 42.7095
  • Longitude: -71.2085

    Address

  • Full Address: 69 Forest St
  • Address - House Number: 69
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 2753
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,200

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 483,471
  • High Value: 565,321
  • Low Value: 401,621

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,600
  • Assessed Land Value: $171,600
  • Assessed Improvements Value: $214,000

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34210
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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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: 4 months ago
Data Source: MLS PIN, MLS# 72604188

Frequently Asked Questions

When was property at 69 Forest Street built and last sold?
The property at 69 Forest Street was built in 1954 and last sold on Aug 14, 2020 for $374,000.
How much is this home worth?
The estimated value of the home located at 69 Forest Street is $399,237.
What are some comparable homes to 69 Forest Street?
There are currently no comparable homes to 69 Forest Street.
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