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Methuen Town 01844
72 Davis Rd
Photo of 72 Davis Rd
Sold on Oct 30, 2008

1

Map

$253,000
● House - Off Market

72 Davis Rd

Methuen, MA 01844
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,704 Ft²
$517,352
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Wonderful home for the growing family or for the extended family.  Great eat in kitchen, 6 plus bedrooms, 2 full baths, large study or office, living room, mudroom.  All this and a beautiful level lot.  Convenient to Rt 93 & 495 and walking distance to school, the Loop (shopping center) and downtown Methuen.  Move in condition! Possible in-law potential.  Won't last.
Unit Size
2,704 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$96
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1954

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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 #70817569)

Price History

Date / Event Date Event Price
Oct 30, 2008 Sold
Premium
Sold
Sep 8, 2008 Listed $259,900
Listed
Nov 20, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 7
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 2,704
  • Gross Building Area: 2,934
  • Building Area: 2,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,704
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: RD

Geography

  • Account Number: 7451
  • Parcel: METH M:00714 B:00041 L:00005U
  • Block: 41
  • Lot: 5U
  • Municipality: METHUEN
  • Latitude: 42.7307
  • Longitude: -71.1753

    Address

  • Full Address: 72 Davis Rd
  • Address - House Number: 72
  • Address - Street Name: Davis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C022
  • 4-Digit Zip Code: 3919
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $484,500

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 564,714
  • High Value: 667,372
  • Low Value: 462,055

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,100
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $252,100

    Sales

  • Current Sale Recording Date: Oct 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 27930
  • Previous Sale Recording Date: Nov 20, 1989
  • Previous Sale Amount: $112,000
  • Previous 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

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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 months ago
Data Source: MLS PIN, MLS# 70817569

Frequently Asked Questions

When was property at 72 Davis Road built and last sold?
The property at 72 Davis Road was built in 1954 and last sold on Jan 1, 1970 for $253,000.
How much is this home worth?
The estimated value of the home located at 72 Davis Road is $262,511.
What are some comparable homes to 72 Davis Road?
There are currently no comparable homes to 72 Davis Road.
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