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Methuen Town 01844
8 Hampshire Circle
$340,000
● House - Off Market

8 Hampshire Circle

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,488 Ft²
$503,407
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Beautiful fully renovated home! Located in a sought after quiet neighborhood, with very easy access to rt. 28, 213, 495 and 93! Come enjoy maintenance free enjoyment for years with an extended list of modern updates! This home boasts gleaming hardwood floors, new kitchen with new appliances, new tile, vinyl windows, fresh paint, new lifetime roof, and much more. Don't miss this great opportunity to own a beautiful home with a detached garage and plenty of parking.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$232
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1920

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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 #72577534)

Price History

Date / Event Date Event Price
Sep 10, 2021 Sold
Premium
Sold
Jul 21, 2021 Listed by Coco, Early & Associates $439,721
Listed by Coco, Early & Associates
Jan 31, 2020 Sold
Premium
Sold
Oct 9, 2019 Listed by Coco, Early & Associates $345,500
Listed by Coco, Early & Associates
Aug 5, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • 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: 729
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 4,552
  • Total Building Area: 1,670
  • Gross Building Area: 3,382
  • Building Area: 1,670
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,670
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000104
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 368
  • Parcel: METH M:00612 B:00123 L:00031
  • Block: 123
  • Lot: 31
  • Municipality: METHUEN
  • Latitude: 42.7296
  • Longitude: -71.191

    Address

  • Full Address: 8 Hampshire Cir
  • Address - House Number: 8
  • Address - Street Name: Hampshire
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C029
  • 4-Digit Zip Code: 6814
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $470,000

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 538,760
  • High Value: 636,700
  • Low Value: 440,819

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,700
  • Assessed Land Value: $154,900
  • Assessed Improvements Value: $246,800

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30350
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $340,000
  • 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:

$599,900

Sale Price/ft²

$325

Below Asking

0.01%

Average Days on Market

53

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# 72577534

Frequently Asked Questions

When was property at 8 Hampshire Circle built and last sold?
The property at 8 Hampshire Circle was built in 1920 and last sold on Sep 9, 2021 for $481,000.
How much is this home worth?
The estimated value of the home located at 8 Hampshire Circle is $445,037.
What are some comparable homes to 8 Hampshire Circle?
There are currently no comparable homes to 8 Hampshire Circle.
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