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Methuen Town 01844
76 Hillcrest Ave
$350,000
● House - Off Market

76 Hillcrest Ave

Methuen, MA 01844
bedrooms
1 Bed
bathrooms
1 Bath
square feet
892 Ft²
$1,996
Est. Monthly
6.94%
Cap Rate

About This Property

CONTRACTORS and INVESTORS take notice. Bungalow style on a large lot with an additional outbuilding. The kitchen and bathroom have been gutted. Sunny living room and potential additional living space in the basement.
Unit Size
892 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$392
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1951

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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: 3 years ago (MLSPIN #73206405)

Price History

Date / Event Date Event Price
Aug 28, 2024 No longer available -
No longer available
Feb 28, 2024 Listed by RE/MAX Beacon $350,000
Listed by RE/MAX Beacon
Mar 20, 2020 Sold
Premium
Sold
Feb 3, 2020 Sold
Premium
Sold
Mar 18, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 1
  • 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: 892
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,225
  • Total Building Area: 892
  • Gross Building Area: 1,935
  • Building Area: 892
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 892
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000258
  • 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: 252202

Zoning

  • Zoning: RD

Geography

  • Account Number: 11785
  • Parcel: METH M:00412 B:00126B L:00269H
  • Block: 126B
  • Lot: 269H
  • Municipality: METHUEN
  • Latitude: 42.7325
  • Longitude: -71.2192

    Address

  • Full Address: 76 Hillcrest Ave
  • Address - House Number: 76
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1518
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 331,775
  • High Value: 390,324
  • Low Value: 273,226

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,600
  • Assessed Land Value: $170,900
  • Assessed Improvements Value: $112,700

    Sales

  • Current Sale Contract Date: Feb 14, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7002
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Jan 10, 2020
  • Previous Sale Amount: $157,440
  • Previous Sale Document Type: 34
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

52

Average Home Size

2150 ft²

Average Home Age

54.9 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

Unit for rent at 58 Brady, Salem, 03079

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 years ago
Data Source: MLS PIN, MLS# 73206405

Frequently Asked Questions

When was property at 76 Hillcrest Avenue built and last sold?
The property at 76 Hillcrest Avenue was built in 1951 and last sold on Feb 14, 2020 for $166,000.
How much is this home worth?
The estimated value of the home located at 76 Hillcrest Avenue is $0.
What are some comparable homes to 76 Hillcrest Avenue?
There are currently no comparable homes to 76 Hillcrest Avenue.
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