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Methuen Town 01844
71 Ayer St
$198,000
● House - Off Market

71 Ayer St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,153 Ft²
$371,585
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

What a house!  Located convenient to highways and shopping, this Victorian colonial sits on a nice level yard to enjoy. Enter into an oversized Living room featuring a wood burning fireplace and tall ceilings adorned with tin panels.  The formal dining room peeks at you past the rounded wall, easily bringing you back to it's grand past.   Potential for a first floor bedroom, huge kitchen area with attached sunroom and full bath finish the first floor. Formal stairway to the second floor from the living room- second stairway off the kitchen.  3 Bedrooms, a large sitting room, another kitchen area and sunroom and 2nd bath finish off the second floor.  The home has lots of space, so bring your ideas and imagination to polish it back to its former grandeur.
Unit Size
2,153 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$92
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1930

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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 #71659697)

Price History

Date / Event Date Event Price
May 23, 2014 Sold
Premium
Sold
Apr 11, 2014 Listed by ERA Key Realty Services $198,800
Listed by ERA Key Realty Services

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,152
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 2,153
  • Gross Building Area: 3,473
  • Building Area: 2,153
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,153
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 2923
  • Parcel: METH M:01113 B:00109S L:00016
  • Block: 109S
  • Lot: 16
  • Municipality: METHUEN
  • Latitude: 42.7311
  • Longitude: -71.133

    Address

  • Full Address: 71 Ayer St
  • Address - House Number: 71
  • Address - Street Name: Ayer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 6123
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,000

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 524,382
  • High Value: 622,685
  • Low Value: 426,079

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,400
  • Assessed Land Value: $169,900
  • Assessed Improvements Value: $239,500

    Sales

  • Current Sale Recording Date: May 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10354
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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71659697

Frequently Asked Questions

When was property at 71 Ayer Street built and last sold?
The property at 71 Ayer Street was built in 1930 and last sold on Jan 1, 1970 for $198,000.
How much is this home worth?
The estimated value of the home located at 71 Ayer Street is $224,443.
What are some comparable homes to 71 Ayer Street?
There are currently no comparable homes to 71 Ayer Street.
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