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Methuen Town 01844
8 Breen Avenue
$380,000
● House - Off Market

8 Breen Avenue

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,418 Ft²
$494,511
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This is the home you've been waiting for! One step inside this adorable ranch and you would've thought that Joanna Gaines decorated this beauty herself! This home offers granite and stainless steel appliances in the kitchen, a cozy fireplaced living room, dining room with built in china cabinet, and beautiful hardwood flooring throughout. Not to mention- tons of natural light, and shiplap to your hearts content! Huge master bedroom with half bath, and generous-sized second bedroom. You'll love the attached mudroom and 1 car garage with loft for extra storage! Outside you'll find a level lot, complete with dining area- perfect for entertaining this summer! Located 2 minutes from the Loop and rte.495.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$247
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1952

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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 #72636232)

Price History

Date / Event Date Event Price
May 19, 2020 Sold
Premium
Sold
Mar 19, 2020 Listed by RE/MAX Insight $349,900
Listed by RE/MAX Insight
Mar 26, 2010 Sold
Premium
Sold
Oct 28, 2009 Listed by RE/MAX Insight $239,900
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,418
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,992
  • Total Building Area: 1,418
  • Gross Building Area: 3,305
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 252501

Zoning

  • Zoning: RC

Geography

  • Account Number: 13864
  • Parcel: METH M:00914 B:00088 L:00022B
  • Block: 88
  • Lot: 22B
  • Municipality: METHUEN
  • Latitude: 42.7293
  • Longitude: -71.1595

    Address

  • Full Address: 8 Breen Ave
  • Address - House Number: 8
  • Address - Street Name: Breen
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C045
  • 4-Digit Zip Code: 5119
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,300

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 502,977
  • High Value: 594,412
  • Low Value: 411,541

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,400
  • Assessed Land Value: $172,800
  • Assessed Improvements Value: $220,600

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122109
  • Previous Sale Recording Date: Mar 26, 2010
  • Previous Sale Amount: $232,500
  • Previous Sale Document Type: 48
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

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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# 72636232

Frequently Asked Questions

When was property at 8 Breen Avenue built and last sold?
The property at 8 Breen Avenue was built in 1952 and last sold on May 15, 2020 for $380,000.
How much is this home worth?
The estimated value of the home located at 8 Breen Avenue is $359,092.
What are some comparable homes to 8 Breen Avenue?
There are currently no comparable homes to 8 Breen Avenue.
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