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Methuen Town 01844
695 Forest Street
$308,000
● House - Off Market

695 Forest Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,064 Ft²
$502,315
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Beautiful ranch with open floor plan featuring a fully remodeled kitchen with center island, granite countertops, soft close cabinetry, stainless steel appliances and under cabinet lighting. Cathedral ceiling, gleaming hardwood flooring, new lighting, french doors and double pane windows make this kitchen/living area light and bright. Three bedrooms and updated bath with tile flooring and vanity with granite counter.  Full unfinished basement for storage, utilities and laundry with garage access. Enjoy the back porch with trex decking overlooking this lovely yard recently loomed and seeded.  This home is move in ready and perfect for first time buyers or downsizers.  Convenient commuter location! Marsh School District!
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$296
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1955

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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 #72178109)

Price History

Date / Event Date Event Price
Aug 11, 2017 Sold
Premium
Sold
Jun 7, 2017 Listed by Coldwell Banker Residential Brokerage - Haverhill $315,000
Listed by Coldwell Banker Residential Brokerage - Haverhill
Sep 18, 2015 Sold
Premium
Sold
Aug 3, 2015 Listed by Coldwell Banker Residential Brokerage - Haverhill $175,000
Listed by Coldwell Banker Residential Brokerage - Haverhill

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,064
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,128
  • Total Building Area: 1,064
  • Gross Building Area: 2,208
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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: RA

Geography

  • Account Number: 4453
  • Parcel: METH M:00312 B:00131 L:00049
  • Block: 131
  • Lot: 49
  • Municipality: METHUEN
  • Latitude: 42.7264
  • Longitude: -71.231

    Address

  • Full Address: 695 Forest St
  • Address - House Number: 695
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1441
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $422,400

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 471,268
  • High Value: 554,575
  • Low Value: 387,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,000
  • Assessed Land Value: $163,500
  • Assessed Improvements Value: $197,500

    Sales

  • Current Sale Recording Date: Aug 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20647
  • Previous Sale Recording Date: Sep 18, 2015
  • Previous Sale Amount: $180,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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

$3,500 /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: 4 months ago
Data Source: MLS PIN, MLS# 72178109

Frequently Asked Questions

When was property at 695 Forest Street built and last sold?
The property at 695 Forest Street was built in 1955 and last sold on Jan 1, 1970 for $308,000.
How much is this home worth?
The estimated value of the home located at 695 Forest Street is $317,715.
What are some comparable homes to 695 Forest Street?
There are currently no comparable homes to 695 Forest Street.
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