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Methuen Town 01844
77 Edgewood
$450,000
● House - Off Market

77 Edgewood

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,011 Ft²
$427,492
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Location, Location, Location!!!!! Welcome to this amazing single family home. This home features an open floor plan with 3 bedroom, 1 bath, updated kitchen with hardwood floors throughout the home one car garage that opens to a mud room and 8 off street parking spaces. The basement is partially finished with an exclusive area for washer and dryer which are remaining as gifts to the future buyer. Enjoy your summers in the lovely backyard.. Make your appointment today! Subject to seller finding suitable housing actively looking! Subject to seller finding suitable housing.
Unit Size
1,011 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$425
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #73134184)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jul 23, 2023 In contract -
In contract
Jul 10, 2023 Listed by Keller Williams Realty $429,900
Listed by Keller Williams Realty
Jul 31, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 714
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,011
  • Gross Building Area: 2,582
  • Building Area: 1,011
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,011
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 8742
  • Parcel: METH M:00514 B:00134 L:00079
  • Block: 134
  • Lot: 79
  • Municipality: METHUEN
  • Latitude: 42.7226
  • Longitude: -71.1983

    Address

  • Full Address: 77 Edgewood Ave
  • Address - House Number: 77
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2900
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,200

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 452,540
  • High Value: 537,375
  • Low Value: 367,705

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,100
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $197,100

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Aug 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13819
  • Previous Sale Recording Date: Jul 31, 1992
  • Previous Sale Amount: $85,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

54.7 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: 5 months ago
Data Source: MLS PIN, MLS# 73134184

Frequently Asked Questions

When was property at 77 Edgewood Avenue built and last sold?
The property at 77 Edgewood Avenue was built in 1915 and last sold on Aug 24, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 77 Edgewood Avenue is $430,859.
What are some comparable homes to 77 Edgewood Avenue?
There are currently no comparable homes to 77 Edgewood Avenue.
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