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Methuen Town 01844
71 Arnold Street
$104,000
● House - Off Market

71 Arnold Street

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,392 Ft²
$325,893
RealtyHop Estimate
210.67%
Since Jan 1, 2000
National-US
Primary Model

About This Property

HANDYMAN NEEDED SPACIOUS COLONIAL 3 BEDS WITH HARDWOOD FLOORS. 4TH BED ON 1ST FLOOR. ENCLOSED SUN PORCH, 3 STALL GARAGE AND GREAT BACK YARD. EXCELLENT 1ST HOME- CURRENT OWNER NEVER LIVED IN PROPERTY SOLD "AS IS"
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$75
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1875

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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 years ago (MLSPIN #30371054)

Price History

Date / Event Date Event Price
Sep 29, 2003 Sold
Premium
Sold
Jul 17, 2003 Listed by Berkshire Hathaway HomeServices Verani Realty $234,900
Listed by Berkshire Hathaway HomeServices Verani Realty
WEST METHUEN, MARSH SCHOOL DISTRICT-SAVE SOME MONEY AND DO THE FINISHING TOUCHES YOURSELF. OLDER STYLE COLONIAL OFFERING 3 OR 4 BEDROOMS, 3 CAR GARAGE ON 1/4 ACRE LOT. UPDATED ELECTRIC, WINDOWS, NEWER ROOFAND MORE.
Dec 31, 1999 Sold
Premium
Sold
Nov 23, 1999 Listed $104,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 588
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,332
  • Total Building Area: 1,336
  • Gross Building Area: 2,229
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000283
  • 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: 9248
  • Parcel: METH M:00614 B:00137 L:00040
  • Block: 137
  • Lot: 40
  • Municipality: METHUEN
  • Latitude: 42.7215
  • Longitude: -71.1918

    Address

  • Full Address: 71 Arnold St
  • Address - House Number: 71
  • Address - Street Name: Arnold
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 3601
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,700

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 441,018
  • High Value: 555,208
  • Low Value: 326,829

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,100
  • Assessed Land Value: $159,100
  • Assessed Improvements Value: $209,000

    Sales

  • Current Sale Recording Date: Dec 31, 1999
  • Current Sale Price:
    Premium
  • Current 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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: 4 years ago
Data Source: MLS PIN, MLS# 30371054

Frequently Asked Questions

When was property at 71 Arnold Street built and last sold?
The property at 71 Arnold Street was built in 1875 and last sold on Jan 1, 1970 for $104,000.
How much is this home worth?
The estimated value of the home located at 71 Arnold Street is $243,943.
What are some comparable homes to 71 Arnold Street?
There are currently no comparable homes to 71 Arnold Street.
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