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Methuen Town 01844
7 Field Ave
Photo of 7 Field Ave
Sold on Jul 8, 2026

25

Map

Photo of 7 Field Ave
Photo of 7 Field Ave
$460,000
● House - Off Market

7 Field Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,278 Ft²
$2,721
Est. Monthly

About This Property

Opportunity awaits in this 3-bedroom bungalow/ranch offering easy one-level living in Methuen. The home features a practical layout with comfortable living space and a fenced yard perfect for outdoor enjoyment. A shared driveway with tandem parking (2 cars) provides access while the location offers excellent convenience to shopping, schools, public transportation, and major highways for commuting. Whether you're looking for your first home or a place to make your own with updates, this property offers great potential in a well-located neighborhood. Great opportunity to own in Methuen's competitive market. Easy commuter access to Route 93, Route 495, Rt 213 and nearby NH. Location, location, location
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$378
Property Type
House
Property Taxes
$351
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: 3 months ago (MLSPIN #73482991)

Price History

Date / Event Date Event Price
Jul 8, 2026 Sold
Premium
Sold
May 15, 2026 In contract -
In contract
Apr 29, 2026 Price Decreased $482,500
↓ $18K (3.5%)
Price Decreased
Apr 3, 2026 Price Decreased $500,000
↓ $10K (2%)
Price Decreased
Mar 21, 2026 Price Decreased $510,000
↓ $15K (2.9%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,278
  • Gross Building Area: 2,479
  • Building Area: 1,278
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 4494
  • Parcel: METH M:00614 B:00138 L:00051
  • Block: 138
  • Lot: 51
  • Municipality: METHUEN
  • Latitude: 42.7215
  • Longitude: -71.1963

    Address

  • Full Address: 7 Field Ave
  • Address - House Number: 7
  • Address - Street Name: Field
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2923
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,700

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 450,436
  • High Value: 562,620
  • Low Value: 338,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,200
  • Assessed Land Value: $159,700
  • Assessed Improvements Value: $178,500

    Sales

  • Current Sale Recording Date: Dec 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113094
  • Previous Sale Recording Date: Mar 12, 2010
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 48
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

2191 ft²

Average Home Age

55.3 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 73482991

Frequently Asked Questions

When was property at 7 Field Avenue built and last sold?
The property at 7 Field Avenue was built in 1920 and last sold on Jan 1, 1970 for $238,000.
How much is this home worth?
The estimated value of the home located at 7 Field Avenue is $462,926.
What are some comparable homes to 7 Field Avenue?
There are currently no comparable homes to 7 Field Avenue.
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