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Methuen Town 01844
7 Alexander Circle
$399,000
● House - Off Market

7 Alexander Circle

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,772 Ft²
$623,232
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Amazing 4 bedroom split entry home with 2 full baths in the Marsh School District. It is located in a wonderful neighborhood with no thru traffic and easy access to major highways. This house includes a recently renovated eat-in kitchen with granite countertops and stainless steel appliances. The dining room leads directly to a great screened-in porch with a beautiful view to a large fenced in flat yard perfect for entertaining children and pets. The roof is only 1 year old and Andersen windows were installed a few years ago. The finished basement includes a bedroom, bathroom, and family room that opens up to a second porch. Additional features include an attached garage, A detached storage shed, and an irrigation system. Come make this house your home today! Open House on Sunday 12/3 from 11am-1pm .
Unit Size
1,772 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$223
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1974

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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: 6 months ago (MLSPIN #72260493)

Price History

Date / Event Date Event Price
Feb 1, 2018 Sold
Premium
Sold
Dec 1, 2017 Listed by Century 21 North Shore $394,999
Listed by Century 21 North Shore
Mar 31, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 19
  • 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: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,812
  • Total Building Area: 1,810
  • Gross Building Area: 2,828
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000363
  • 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: RB

Geography

  • Account Number: 11352
  • Parcel: METH M:00418 B:00164 L:00058R
  • Block: 164
  • Lot: 58R
  • Municipality: METHUEN
  • Latitude: 42.7046
  • Longitude: -71.2171

    Address

  • Full Address: 7 Alexander Cir
  • Address - House Number: 7
  • Address - Street Name: Alexander
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C024
  • 4-Digit Zip Code: 2335
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $508,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 573,003
  • High Value: 670,012
  • Low Value: 475,995

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,300
  • Assessed Land Value: $189,500
  • Assessed Improvements Value: $244,800

    Sales

  • Current Sale Recording Date: Feb 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2694
  • Previous Sale Recording Date: Mar 31, 1997
  • Previous Sale Amount: $137,000
  • 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

$328

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2194 ft²

Average Home Age

55.5 years

Currently For Sale

71 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72260493

Frequently Asked Questions

When was property at 7 Alexander Circle built and last sold?
The property at 7 Alexander Circle was built in 1974 and last sold on Jan 1, 1970 for $399,000.
How much is this home worth?
The estimated value of the home located at 7 Alexander Circle is $407,387.
What are some comparable homes to 7 Alexander Circle?
There are currently no comparable homes to 7 Alexander Circle.
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