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Methuen Town 01844
8 Junior Ave
$530,000
● House - Off Market

8 Junior Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,604 Ft²
$509,515
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Look no further than this charming mid-century Cape on quiet tree-lined street. Situated on a nice level lot, this home features a detached 2 car garage along with a fenced in back yard with shed and oversized deck with views of the abutting apple orchard. Interior impresses with a living room with nice built-ins and wood burning fireplace as well as beautiful hardwood floors which run through dining room and convenient 1st floor bedroom. Kitchen offers maple cabinets, with granite counters and tiled backsplash. A bright sunroom connects to deck and is a perfect spot to relax. 2nd level offers two additional bedrooms along with a full bath. Plenty of additional storage in basement along with washer dryer area. Make an appointment today! Any and all offers due Monday  8/8 @ 5pm.
Unit Size
1,604 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$305
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1950

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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 #73020133)

Price History

Date / Event Date Event Price
Sep 29, 2022 Sold
Premium
Sold
Aug 2, 2022 Listed by Realty One Group Nest $489,900
Listed by Realty One Group Nest
Oct 30, 2008 Sold
Premium
Sold
Sep 5, 2008 Listed by Realty One Group Nest $259,900
Listed by Realty One Group Nest
Dec 24, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 4
  • Exterior Walls Type: 18
  • 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: 800
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,086
  • Total Building Area: 1,400
  • Gross Building Area: 2,940
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 1603D
  • Land Acres: 0000000254
  • 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: RC

Geography

  • Account Number: 6495
  • Parcel: METH M:00812 B:00080 L:00021
  • Block: 80
  • Lot: 21
  • Municipality: METHUEN
  • Latitude: 42.7396
  • Longitude: -71.1656

    Address

  • Full Address: 8 Junior Ave
  • Address - House Number: 8
  • Address - Street Name: Junior
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C016
  • 4-Digit Zip Code: 4014
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,800

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 508,840
  • High Value: 601,342
  • Low Value: 416,339

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,900
  • Assessed Land Value: $177,700
  • Assessed Improvements Value: $210,200

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127900
  • Previous Sale Recording Date: Oct 30, 2008
  • Previous Sale Amount: $253,000
  • Previous Sale Document Type: 48
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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73020133

Frequently Asked Questions

When was property at 8 Junior Avenue built and last sold?
The property at 8 Junior Avenue was built in 1950 and last sold on Sep 29, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 8 Junior Avenue is $488,261.
What are some comparable homes to 8 Junior Avenue?
There are currently no comparable homes to 8 Junior Avenue.
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