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Methuen Town 01844
7 Duston Dr
$310,000
● House - Off Market

7 Duston Dr

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,607 Ft²
$493,476
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

LOVELY RANCH IN EAST METH. ON LARGE LEVEL LOT WITH 2 CAR ATTACHED GARAGE. THE HOME IS IN NEED OF T.L.C. BUT HAS TREMENDOUS  POTENTIAL,  FIREPLACED FAMILY ROOM AND DINING ROOM WITH HARDWOOD FLOORS THROUGHOUT WAITING TO BE REFINISHED.  PURCHASE THIS HOME IN ONE OF THE MOST SOUGHT AFTER AREAS OF METHUEN FOR A BARGAIN AND UPDATE IT TO YOUR OWN TASTE ! EASY ACCESS TO HIGHWAY & SHOPPING YET QUIET AND SECLUDED FROM TRAFFIC !
Unit Size
1,607 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$205
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1960

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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 #72448245)

Price History

Date / Event Date Event Price
Mar 8, 2019 Sold
Premium
Sold
Feb 1, 2019 Listed by T.A. Sullivan Agency Inc. $329,900
Listed by T.A. Sullivan Agency Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,519
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,815
  • Total Building Area: 1,607
  • Gross Building Area: 3,741
  • Building Area: 1,607
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,607
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBERLANE REALTY CORP
  • Land Acres: 0000000340
  • 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: 252502

Zoning

  • Zoning: RC

Geography

  • Account Number: 558
  • Parcel: METH M:00814 B:00082A L:00006B
  • Block: 82A
  • Lot: 6B
  • Municipality: METHUEN
  • Latitude: 42.7323
  • Longitude: -71.1604

    Address

  • Full Address: 7 Duston Dr
  • Address - House Number: 7
  • Address - Street Name: Duston
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 4605
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,000

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 519,252
  • High Value: 616,593
  • Low Value: 421,911

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,800
  • Assessed Land Value: $187,000
  • Assessed Improvements Value: $231,800

    Sales

  • Current Sale Contract Date: Mar 06, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5001
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

52

Average Home Size

2235 ft²

Average Home Age

55.5 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 months ago
Data Source: MLS PIN, MLS# 72448245

Frequently Asked Questions

When was property at 7 Duston Drive built and last sold?
The property at 7 Duston Drive was built in 1960 and last sold on Mar 6, 2019 for $310,000.
How much is this home worth?
The estimated value of the home located at 7 Duston Drive is $345,396.
What are some comparable homes to 7 Duston Drive?
There are currently no comparable homes to 7 Duston Drive.
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