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Methuen Town 01844
8 Durrell St
$229,900
● House - Off Market

8 Durrell St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,350 Ft²
$563,985
RealtyHop Estimate
145.32%
Since Nov 1, 2002
National-US
Primary Model

About This Property

COZY 6 ROOM 3 BEDROOM HOME WITH DETACHED 1 STALL GARAGE NICELY LANDSCAPED LOT WITH PRIVATE BACK YARD. HARD WOOD FLOORS, FIRPLACED LIVING ROOM WITH BEAMED CEILINGS, NEW WINDOWS, ENCLOSED 12X6 FRONT PORCH.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$170
Property Type
House
Property Taxes
$134
HOA Dues
-
Year Built
1925

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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 #30641708)

Price History

Date / Event Date Event Price
Oct 25, 2002 Sold
Premium
Sold
Sep 3, 2002 Listed by The Guselli Agency, Inc. $229,900
Listed by The Guselli Agency, Inc.
Dec 11, 1995 Sold
Premium
Sold
Oct 6, 1995 Listed by The Guselli Agency, Inc. $107,900
Listed by The Guselli Agency, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,024
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,024
  • Gross Building Area: 2,214
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHERN DISTRICT ESSEX
  • Land Acres: 0000000126
  • 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: 12306
  • Parcel: METH M:00616 B:00155 L:00055
  • Block: 155
  • Lot: 55
  • Municipality: METHUEN
  • Latitude: 42.7085
  • Longitude: -71.1944

    Address

  • Full Address: 8 Durrell St
  • Address - House Number: 8
  • Address - Street Name: Durrell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 4211
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,500

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 446,240
  • High Value: 527,362
  • Low Value: 365,119

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,000
  • Assessed Land Value: $157,200
  • Assessed Improvements Value: $180,800

    Sales

  • Current Sale Recording Date: Oct 25, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 11, 1995
  • Previous Sale Amount: $100,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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# 30641708

Frequently Asked Questions

When was property at 8 Durrell Street built and last sold?
The property at 8 Durrell Street was built in 1925 and last sold on Jan 1, 1970 for $229,900.
How much is this home worth?
The estimated value of the home located at 8 Durrell Street is $239,883.
What are some comparable homes to 8 Durrell Street?
There are currently no comparable homes to 8 Durrell Street.
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