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Methuen Town 01844
73 Brown Street
$315,000
● House - Off Market

73 Brown Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,280 Ft²
$454,899
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Come capture Old-world charm at its finest with this antique Victorian style home that is untouched and in immaculate condition. This home presents a spacious floor plan with large bedrooms and gorgeous hardwood floors throughout. Greet  your guest at the foyer by the curved hard wood staircase that are  simply jaw dropping and a must see. The house has 2 car garage sitting on a huge lot with a ginormous attic ready to be converted to a family room or your own personal sanctuary. **INVESTORS TAKE NOTE - THIS HOME IS LOCATED IN A 2 FAMILY ZONE! Offers Due By Tuesday 11/6 at 5PM.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$131
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1900

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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 #72418948)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Dec 10, 2018 Sold
Premium
Sold
Nov 1, 2018 Listed by OmegaListings.com, Inc. $299,000
Listed by OmegaListings.com, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,168
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,777
  • Total Building Area: 2,982
  • Gross Building Area: 4,851
  • Building Area: 2,982
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,982
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252400

Zoning

  • Zoning: RG

Geography

  • Account Number: 9206
  • Parcel: METH M:00714 B:00014 L:00026
  • Block: 14
  • Lot: 26
  • Municipality: METHUEN
  • Latitude: 42.7232
  • Longitude: -71.1786

    Address

  • Full Address: 73 Brown St
  • Address - House Number: 73
  • Address - Street Name: Brown
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C042
  • 4-Digit Zip Code: 4345
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $777,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 678,154
  • High Value: 829,552
  • Low Value: 526,756

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,600
  • Assessed Land Value: $158,200
  • Assessed Improvements Value: $506,400

    Sales

  • Current Sale Contract Date: Aug 27, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21068
  • Previous Sale Recording Date: Dec 10, 2018
  • Previous Sale Contract Date: Dec 06, 2018
  • Previous Sale Amount: $315,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

56.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72418948

Frequently Asked Questions

When was property at 73 Brown Street built and last sold?
The property at 73 Brown Street was built in 1900 and last sold on Aug 27, 2019 for $500,000.
How much is this home worth?
The estimated value of the home located at 73 Brown Street is $327,719.
What are some comparable homes to 73 Brown Street?
There are currently no comparable homes to 73 Brown Street.
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