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Methuen Town 01844
7 Hill Street
$332,000
● House - Off Market

7 Hill Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,190 Ft²
$543,333
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Don't miss the opportunity to own this lovely West Methuen ranch situated on a level lot.  This home features a bright and cheery eat-in kitchen with upgraded counter tops, a spacious living room with hardwood floors, decorative mantel and a large bay window that provides plenty of natural light.  Three good size bedrooms have hardwood floors, the bathroom has been updated with granite, wainscoting and a tiled floor.  The family room has a cathedral ceiling and is located off the kitchen, overlooking a large back yard.  Other features include irrigation system, 3 heating zones, central air, a newer furnace and water heater.  Convenient to Rt 93 and shopping.  Marsh school district.  A must see!
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$286
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1972

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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 #72143840)

Price History

Date / Event Date Event Price
Jul 27, 2017 Sold
Premium
Sold
Apr 10, 2017 Listed by Century 21 McLennan & Company $339,900
Listed by Century 21 McLennan & Company
Nov 29, 2016 Sold
Premium
Sold
Oct 14, 2016 Listed by Century 21 McLennan & Company $315,000
Listed by Century 21 McLennan & Company
May 14, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 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: 7
  • Basement Area: 1,040
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,019
  • Total Building Area: 1,040
  • Gross Building Area: 3,312
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: 252102

Zoning

  • Zoning: RB

Geography

  • Account Number: 14271
  • Parcel: METH M:00418 B:00154 L:00011C
  • Block: 154
  • Lot: 11C
  • Municipality: METHUEN
  • Latitude: 42.7064
  • Longitude: -71.2206

    Address

  • Full Address: 7 Hill St
  • Address - House Number: 7
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 2307
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $457,900

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 493,418
  • High Value: 583,116
  • Low Value: 403,721

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,400
  • Assessed Land Value: $187,600
  • Assessed Improvements Value: $203,800

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19116
  • Previous Sale Recording Date: Nov 29, 2016
  • Previous Sale Amount: $312,500
  • Previous Sale Document Type: O
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: 4 months ago
Data Source: MLS PIN, MLS# 72143840

Frequently Asked Questions

When was property at 7 Hill Street built and last sold?
The property at 7 Hill Street was built in 1972 and last sold on Jan 1, 1970 for $332,000.
How much is this home worth?
The estimated value of the home located at 7 Hill Street is $345,144.
What are some comparable homes to 7 Hill Street?
There are currently no comparable homes to 7 Hill Street.
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