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Methuen Town 01844
8 Cardigan Circle
$518,500
● House - Off Market

8 Cardigan Circle

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,046 Ft²
$1,186,309
RealtyHop Estimate
123.87%
Since Nov 1, 2003
National-US
Primary Model

About This Property

HAVE IT ALL IN YOUR DREAM HOME. IMMACULATE GAMBREL WITH ALL THE EXTRAS ON PRIVATE CUL-DE-SAC IN HOMESTAEAD ACRES. HARDWWOD, TILE, CENTRAL AIR, CEN. VAC. SECURITY SYS., SPRINKLER, INGROOD POOL, HUGE PROF. FIN. FAM. RM. MUST SEE!
Unit Size
3,046 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$174
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1985

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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 years ago (MLSPIN #30740001)

Price History

Date / Event Date Event Price
Oct 27, 2003 Sold
Premium
Sold
Jun 29, 2003 Listed by Solomon Real Estate $529,900
Listed by Solomon Real Estate

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,520
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 25,086
  • Total Building Area: 4,581
  • Gross Building Area: 7,311
  • Building Area: 4,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,581
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000576
  • 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: 252602

Zoning

  • Zoning: RB

Geography

  • Account Number: 3692
  • Parcel: METH M:00708 B:00069 L:00010V
  • Block: 69
  • Lot: 10V
  • Municipality: METHUEN
  • Latitude: 42.7617
  • Longitude: -71.1802

    Address

  • Full Address: 8 Cardigan Cir
  • Address - House Number: 8
  • Address - Street Name: Cardigan
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: R009
  • 4-Digit Zip Code: 1747
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $895,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 963,871
  • High Value: 1,084,766
  • Low Value: 842,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $765,500
  • Assessed Land Value: $212,700
  • Assessed Improvements Value: $552,800
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

53

Average Home Size

2186 ft²

Average Home Age

58.3 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 years ago
Data Source: MLS PIN, MLS# 30740001

Frequently Asked Questions

When was property at 8 Cardigan Circle built and last sold?
The property at 8 Cardigan Circle was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Cardigan Circle is $0.
What are some comparable homes to 8 Cardigan Circle?
There are currently no comparable homes to 8 Cardigan Circle.
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