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Methuen Town 01844
7 Tyler St
$507,000
● House - Off Market

7 Tyler St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,700 Ft²
$476,907
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Introducing 7 Tyler St, Methuen, MA! This newly updated gem offers the perfect blend of comfort and convenience. With an attached garage, parking is a breeze. Step into the charm of the 3-season family room, providing a tranquil space to unwind. Gleaming hardwood flooring flows through the open layout, illuminated by abundant natural light. The finished basement adds versatility for entertainment or work-from-home needs. A fenced-in yard ensures privacy and security, making it ideal for pets and gatherings. Boasting a newer heating system, winter chills are no match. Fresh paint breathes new life into the interior, creating a modern aesthetic. This vacant 3-bedroom home is ready for you to move in and start creating memories. Don't miss the opportunity to make this sunlit haven in Methuen your own!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$282
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #73149078)

Price History

Date / Event Date Event Price
Sep 26, 2023 Sold
Premium
Sold
Aug 22, 2023 In contract -
In contract
Aug 16, 2023 Listed by Cameron Real Estate Group $479,900
Listed by Cameron Real Estate Group
May 30, 2023 Sold
Premium
Sold
Apr 2, 2019 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 996
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,202
  • Total Building Area: 1,693
  • Gross Building Area: 3,184
  • Building Area: 1,693
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,693
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MATHUEN
  • Land Acres: 0000000234
  • 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: 8220
  • Parcel: METH M:00316 B:00129B L:00017E
  • Block: 129B
  • Lot: 17E
  • Municipality: METHUEN
  • Latitude: 42.706
  • Longitude: -71.222

    Address

  • Full Address: 7 Tyler St
  • Address - House Number: 7
  • Address - Street Name: Tyler
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C030
  • 4-Digit Zip Code: 1926
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $436,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 498,221
  • High Value: 588,792
  • Low Value: 407,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,100
  • Assessed Land Value: $175,500
  • Assessed Improvements Value: $197,600

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15883
  • Previous Sale Recording Date: May 30, 2023
  • Previous Sale Contract Date: May 30, 2023
  • Previous Sale Amount: $375,000
  • 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

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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# 73149078

Frequently Asked Questions

When was property at 7 Tyler Street built and last sold?
The property at 7 Tyler Street was built in 1955 and last sold on Sep 26, 2023 for $507,000.
How much is this home worth?
The estimated value of the home located at 7 Tyler Street is $480,054.
What are some comparable homes to 7 Tyler Street?
There are currently no comparable homes to 7 Tyler Street.
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