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Methuen Town 01844
7 Miller St
$426,000
● House - Off Market

7 Miller St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,322 Ft²
$398,412
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Methuen 3 bedroom split in need of a new family to love it!  Bring your creative side to this well maintained 3 bedroom 1.5 bath split featuring eat on kitchen open to large living room.  Down the hall are the 3 good-sized bedrooms and full bath.  Lower level family room with dry bar and 1/2 bath perfect for game room or TV room.   Home features FHA gas heat  and young hot water tank as well as young roof. Enjoy the nice level lot that is situated close to major highways and shopping.  Property sold as is.  ALL OFFERS DUE Tuesday Sept 12  5 PM.
Unit Size
1,322 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$303
Property Type
House
Property Taxes
$348
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: 5 months ago (MLSPIN #73156787)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Sep 15, 2023 In contract -
In contract
Sep 7, 2023 Listed by Keller Williams Realty $399,900
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,635
  • Total Building Area: 1,322
  • Gross Building Area: 1,909
  • Building Area: 1,322
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,322
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 12394
  • Parcel: METH M:00914 B:00099 L:00069
  • Block: 99
  • Lot: 69
  • Municipality: METHUEN
  • Latitude: 42.7286
  • Longitude: -71.1567

    Address

  • Full Address: 7 Miller St
  • Address - House Number: 7
  • Address - Street Name: Miller
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C026
  • 4-Digit Zip Code: 5137
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $418,000

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 449,208
  • High Value: 533,418
  • Low Value: 364,997

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,300
  • Assessed Land Value: $155,100
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129266
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

52

Average Home Size

2157 ft²

Average Home Age

55.2 years

Currently For Sale

74 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73156787

Frequently Asked Questions

When was property at 7 Miller Street built and last sold?
The property at 7 Miller Street was built in 1960 and last sold on Oct 30, 2023 for $426,000.
How much is this home worth?
The estimated value of the home located at 7 Miller Street is $408,596.
What are some comparable homes to 7 Miller Street?
There are currently no comparable homes to 7 Miller Street.
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