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Methuen Town 01844
8 Hancock Cir
Photo of 8 Hancock Cir
Sold on Nov 9, 2007

1

Map

$340,000
● House - Off Market

8 Hancock Cir

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,100 Ft²
$645,034
RealtyHop Estimate
79.23%
Since Dec 1, 2007
National-US
Primary Model

About This Property

Located in a culdesac neighborhood, & a very desireable subdiv in E. Methuen is this 1981, 8 rm Split Level on a lovely treed 20,700sf lot. This home boasts 3 bedrms, 3 full bths, office w/new pergo flr, gas firepl fam rm.  Newer windows & new painted exter, atrium drs from din area & Master bedrm walks out to  private backyd, lg mahogony dck & above grd pool. Newer 20' master bedrm addition w/skylights & gorgeous whirlpool bath.  Walk to schools & shopping.  Easy access to major rts.  Must see
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$171
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1981

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70597933)

Price History

Date / Event Date Event Price
Nov 9, 2007 Sold
Premium
Sold
Jun 14, 2007 Listed $359,900
Listed
May 23, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,424
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,700
  • Total Building Area: 2,002
  • Gross Building Area: 3,346
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000475
  • 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: 252502

Zoning

  • Zoning: RD

Geography

  • Account Number: 8354
  • Parcel: METH M:00712 B:00041 L:00103D
  • Block: 41
  • Lot: 103D
  • Municipality: METHUEN
  • Latitude: 42.7356
  • Longitude: -71.1731

    Address

  • Full Address: 8 Hancock Cir
  • Address - House Number: 8
  • Address - Street Name: Hancock
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C018
  • 4-Digit Zip Code: 7147
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $599,600

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 654,258
  • High Value: 754,676
  • Low Value: 553,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $512,500
  • Assessed Land Value: $193,700
  • Assessed Improvements Value: $318,800

    Sales

  • Current Sale Recording Date: Nov 09, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 32602
  • Previous Sale Recording Date: May 23, 1989
  • Previous Sale Amount: $179,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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# 70597933

Frequently Asked Questions

When was property at 8 Hancock Circle built and last sold?
The property at 8 Hancock Circle was built in 1981 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 8 Hancock Circle is $380,667.
What are some comparable homes to 8 Hancock Circle?
There are currently no comparable homes to 8 Hancock Circle.
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