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Methuen Town 01844
7 Beverly Street
$217,000
● House - Off Market

7 Beverly Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,124 Ft²
$579,296
RealtyHop Estimate
163.44%
Since Mar 1, 2002
National-US
Primary Model

About This Property

MINT CONDITION RANCH W METH, DEAD END ST, MIN TO 93 & NH BORDER NEW KITCH & BATH TILE FLRING, A MUST SEE HOME, HOUSE IN REAR ON MARKET COULD BE PURCHASED AT SAME TIME. POOL MUST BE REMOVED PRIOR TO CLOSING.
Unit Size
2,124 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$104
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 years ago (MLSPIN #30495972)

Price History

Date / Event Date Event Price
Mar 12, 2002 Sold
Premium
Sold
Apr 18, 2001 Listed by RE/MAX Partners $219,900
Listed by RE/MAX Partners
May 3, 1988 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 4,761
  • Total Building Area: 3,796
  • Gross Building Area: 5,098
  • Building Area: 3,796
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,796
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000109
  • 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: RR

Geography

  • Account Number: 10050
  • Parcel: METH M:00310 B:00126A L:00044
  • Block: 126A
  • Lot: 44
  • Municipality: METHUEN
  • Latitude: 42.7399
  • Longitude: -71.2281

    Address

  • Full Address: 7 Beverly St
  • Address - House Number: 7
  • Address - Street Name: Beverly
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1102
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $527,300

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 564,923
  • High Value: 661,704
  • Low Value: 468,141

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,700
  • Assessed Land Value: $139,900
  • Assessed Improvements Value: $310,800

    Sales

  • Current Sale Recording Date: Mar 12, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 03, 1988
  • Previous Sale Amount: $125,000
  • 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

53

Average Home Size

2206 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: 4 years ago
Data Source: MLS PIN, MLS# 30495972

Frequently Asked Questions

When was property at 7 Beverly Street built and last sold?
The property at 7 Beverly Street was built in 1920 and last sold on Jan 1, 1970 for $217,000.
How much is this home worth?
The estimated value of the home located at 7 Beverly Street is $0.
What are some comparable homes to 7 Beverly Street?
There are currently no comparable homes to 7 Beverly Street.
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