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Methuen Town 01844
8 Byron Ave
$334,000
● House - Off Market

8 Byron Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,272 Ft²
$504,379
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

lovely Ranch in move-in condition with three bedrooms, kitchen/ dinning and living room   full bath    Hardwood flooring  enclosed porch and full basement   central air and 2-car garage, large level lot in convenient location.  Great for commuters.
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$267
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1958

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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 #72439649)

Price History

Date / Event Date Event Price
Apr 12, 2019 Sold
Premium
Sold
Jan 10, 2019 Listed by Park Hill Real Estate.,Inc. $339,900
Listed by Park Hill Real Estate.,Inc.
Aug 24, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,272
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,360
  • Total Building Area: 1,272
  • Gross Building Area: 2,788
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000307
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 4041
  • Parcel: METH M:00618 B:00159B L:00051
  • Block: 159B
  • Lot: 51
  • Municipality: METHUEN
  • Latitude: 42.6997
  • Longitude: -71.19

    Address

  • Full Address: 8 Byron Ave
  • Address - House Number: 8
  • Address - Street Name: Byron
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4846
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 484,256
  • High Value: 572,289
  • Low Value: 396,224

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,400
  • Assessed Land Value: $176,100
  • Assessed Improvements Value: $204,300

    Sales

  • Current Sale Contract Date: Mar 27, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7708
  • Previous Sale Recording Date: Aug 24, 2017
  • Previous Sale Amount: $208,000
  • 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

53

Average Home Size

2221 ft²

Average Home Age

56.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72439649

Frequently Asked Questions

When was property at 8 Byron Avenue built and last sold?
The property at 8 Byron Avenue was built in 1958 and last sold on Mar 27, 2019 for $334,000.
How much is this home worth?
The estimated value of the home located at 8 Byron Avenue is $347,683.
What are some comparable homes to 8 Byron Avenue?
There are currently no comparable homes to 8 Byron Avenue.
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