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Methuen Town 01844
7 Emmett Avenue
$310,000
● House - Off Market

7 Emmett Avenue

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,285 Ft²
$725,002
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

OVERSIZED COLONIAL WITH THE CHARM OF PERIOD DETAILS. HUGE FORMAL DINNINGROOM, LARGE FAMILY ROOM EAT IN KITCHEN. FRONT TO BACK MASTER. SECOND FLOOR BATH HAS WHIRL POOL TUB.CONVENIENT TO SHOPPING SCHOOLS AND HIGHWAY.
Unit Size
2,285 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$140
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1910

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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 years ago (MLSPIN #30688579)

Price History

Date / Event Date Event Price
Aug 12, 2003 Sold
Premium
Sold
Feb 11, 2003 Listed by RE/MAX Innovative Properties $319,900
Listed by RE/MAX Innovative Properties
Dec 30, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,115
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,289
  • Total Building Area: 2,302
  • Gross Building Area: 3,793
  • Building Area: 2,302
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,302
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 5161
  • Parcel: METH M:00810 B:00077 L:00032
  • Block: 77
  • Lot: 32
  • Municipality: METHUEN
  • Latitude: 42.7495
  • Longitude: -71.1675

    Address

  • Full Address: 7 Emmett Ave
  • Address - House Number: 7
  • Address - Street Name: Emmett
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C038
  • 4-Digit Zip Code: 3212
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $551,800

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 634,091
  • High Value: 745,525
  • Low Value: 522,657

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,600
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $286,100

    Sales

  • Current Sale Recording Date: Aug 12, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 49733
  • Previous Sale Recording Date: Dec 30, 1994
  • Previous Sale Amount: $147,500
  • 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

2229 ft²

Average Home Age

57.6 years

Currently For Sale

66 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: 5 years ago
Data Source: MLS PIN, MLS# 30688579

Frequently Asked Questions

When was property at 7 Emmett Avenue built and last sold?
The property at 7 Emmett Avenue was built in 1910 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 7 Emmett Avenue is $341,494.
What are some comparable homes to 7 Emmett Avenue?
There are currently no comparable homes to 7 Emmett Avenue.
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