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Methuen Town 01844
8 Garfield St
$330,000
● House - Off Market

8 Garfield St

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,512 Ft²
$491,638
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Tired of looking for the right one? Well your search is over.  Come quick before its gone! Enjoy a nice level lot for all you outside actives or the over size garage for all you projects. Amazing floor plan that contractors just don't reproduce today. Lots of original built in storage through out the house gives the organizer everything they ever wish for. First floor laundry room off kitchen and steps away from rear door make life easy. Beautiful hardwood floors through out the home. A basement with exterior access makes for easy storage. House is move in ready and waiting for its new buyers own touches. First floor room needs two doors rehung to make a legal bedroom with closet.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$215
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1930

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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 #72362719)

Price History

Date / Event Date Event Price
Sep 10, 2018 Sold
Premium
Sold
Jul 16, 2018 Listed by Weichert Realtors' Daher Companies $325,000
Listed by Weichert Realtors' Daher Companies
Jul 22, 2016 Sold
Premium
Sold
May 17, 2016 Listed by Weichert Realtors' Daher Companies $289,900
Listed by Weichert Realtors' Daher Companies
May 25, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,050
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,512
  • Gross Building Area: 3,368
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE RDG GROVE
  • Land Acres: 0000000459
  • 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: 252202

Zoning

  • Zoning: RR

Geography

  • Account Number: 12871
  • Parcel: METH M:00214 B:00128 L:00038
  • Block: 128
  • Lot: 38
  • Municipality: METHUEN
  • Latitude: 42.7297
  • Longitude: -71.2362

    Address

  • Full Address: 8 Garfield St
  • Address - House Number: 8
  • Address - Street Name: Garfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: R008
  • 4-Digit Zip Code: 1006
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $513,300

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 519,917
  • High Value: 641,821
  • Low Value: 398,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,700
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $238,700

    Sales

  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22100
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: O
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:

$599,500

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2233 ft²

Average Home Age

56 years

Currently For Sale

75 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: 5 months ago
Data Source: MLS PIN, MLS# 72362719

Frequently Asked Questions

When was property at 8 Garfield Street built and last sold?
The property at 8 Garfield Street was built in 1930 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 8 Garfield Street is $337,882.
What are some comparable homes to 8 Garfield Street?
There are currently no comparable homes to 8 Garfield Street.
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