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Methuen Town 01844
7 Brewster Terrace
$58,800
● House - Off Market

7 Brewster Terrace

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$219,957
RealtyHop Estimate
274.08%
Since Jun 1, 1996
National-US
Primary Model

About This Property

GREAT CONDO ALTERNATIVE! 4 SPACIOUS ROOMS, NICE FENCED YARD AND CLOSE TO SHOPPING AND TRANSPORTATION.  SELLER MAY PARTICIPATE IN FINANCING. CALL FOR DETAILS.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$68
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1950

Payment Calculator

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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 #30086843)

Price History

Date / Event Date Event Price
Apr 5, 1999 Sold
Premium
Sold
Dec 15, 1998 Listed by Corporate Preferred Realty Inc $79,900
Listed by Corporate Preferred Realty Inc
Aug 14, 1996 Sold
Premium
Sold
May 30, 1996 Sold
Premium
Sold
Feb 1, 1996 Listed by Corporate Preferred Realty Inc $58,800
Listed by Corporate Preferred Realty Inc

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 984
  • Gross Building Area: 1,312
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 984
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 252400

Zoning

  • Zoning: RG

Geography

  • Account Number: 4567
  • Parcel: METH M:00714 B:00030 L:00005D
  • Block: 30
  • Lot: 5D
  • Municipality: METHUEN
  • Latitude: 42.7254
  • Longitude: -71.1736

    Address

  • Full Address: 7 Brewster Ter
  • Address - House Number: 7
  • Address - Street Name: Brewster
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C022
  • 4-Digit Zip Code: 4403
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $376,500

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 416,507
  • High Value: 496,109
  • Low Value: 336,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,800
  • Assessed Land Value: $158,400
  • Assessed Improvements Value: $163,400

    Sales

  • Current Sale Recording Date: Apr 05, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 14, 1996
  • Previous Sale Amount: $78,800
  • 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

54.7 years

Currently For Sale

73 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30086843

Frequently Asked Questions

When was property at 7 Brewster Terrace built and last sold?
The property at 7 Brewster Terrace was built in 1950 and last sold on Jan 1, 1970 for $55,000.
How much is this home worth?
The estimated value of the home located at 7 Brewster Terrace is $0.
What are some comparable homes to 7 Brewster Terrace?
There are currently no comparable homes to 7 Brewster Terrace.
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