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Methuen Town 01844
7 Emerson Avenue
Photo of 7 Emerson Avenue
Sold on Jun 25, 2009

1

Map

$274,900
● House - Off Market

7 Emerson Avenue

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,502 Ft²
$566,522
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Move right in to this charming West End 3 bedroom home in a quiet neighborhood setting!  Many updates include new kitchen w/maple cabinets, stainless steel appliances and granite countertops, gleaming hardwood floors, fresh paint throughout, all new electrical and service w/ample recessed lighting, and new plumbing. You will enjoy the nice high ceilings, walk-in closets and listening to the birds singing on the 3 season screen porch overlooking the large double lot.
Unit Size
1,502 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$183
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1912

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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: 5 months ago (MLSPIN #70910286)

Price History

Date / Event Date Event Price
Jun 25, 2009 Sold
Premium
Sold
Apr 29, 2009 Listed $274,900
Listed
Aug 31, 2007 Sold
Premium
Sold
Aug 3, 2007 Listed $215,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 840
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,502
  • Gross Building Area: 3,032
  • Building Area: 1,502
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,502
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 12795
  • Parcel: METH M:00212 B:00127 L:00007
  • Block: 127
  • Lot: 7
  • Municipality: METHUEN
  • Latitude: 42.7347
  • Longitude: -71.2377

    Address

  • Full Address: 7 Emerson Ave
  • Address - House Number: 7
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1026
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 515,861
  • High Value: 597,344
  • Low Value: 434,379

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,400
  • Assessed Land Value: $192,000
  • Assessed Improvements Value: $206,400

    Sales

  • Current Sale Recording Date: Jun 25, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18037
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Amount: $215,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2194 ft²

Average Home Age

55.1 years

Currently For Sale

76 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: 5 months ago
Data Source: MLS PIN, MLS# 70910286

Frequently Asked Questions

When was property at 7 Emerson Avenue built and last sold?
The property at 7 Emerson Avenue was built in 1912 and last sold on Jan 1, 1970 for $274,900.
How much is this home worth?
The estimated value of the home located at 7 Emerson Avenue is $286,719.
What are some comparable homes to 7 Emerson Avenue?
There are currently no comparable homes to 7 Emerson Avenue.
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