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Methuen Town 01844
8 Rivers Edge Place
Photo of 8 Rivers Edge Place
Sold on Aug 30, 2005

1

Map

$356,900
● House - Off Market

8 Rivers Edge Place

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,666 Ft²
$647,193
RealtyHop Estimate
74.92%
Since Sep 1, 2005
National-US
Primary Model

About This Property

Beautiful like new garrison built in 1997 all ready for new owner. Walk out basement with family room & second kitchen ideal for summer entertaining, fireplaced living room, recessed lights in kitchen level lot.
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$222
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1997

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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 #70151106)

Price History

Date / Event Date Event Price
Aug 30, 2005 Sold
Premium
Sold
Feb 28, 2005 Listed $370,000
Listed

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 816
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,692
  • Total Building Area: 1,992
  • Gross Building Area: 2,602
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSEDGE
  • Land Acres: 0000000268
  • 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: 252601

Zoning

  • Zoning: RG

Geography

  • Account Number: 12063
  • Parcel: METH M:01212 B:00110C L:0001DD
  • Block: 110C
  • Lot: 1DD
  • Municipality: METHUEN
  • Latitude: 42.7338
  • Longitude: -71.1253

    Address

  • Full Address: 8 Rivers Edge Pl
  • Address - House Number: 8
  • Address - Street Name: Rivers Edge
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Methuen
  • Carrier Code: C044
  • 4-Digit Zip Code: 6341
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $538,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 580,347
  • High Value: 672,015
  • Low Value: 488,678

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,900
  • Assessed Land Value: $172,100
  • Assessed Improvements Value: $287,800

    Sales

  • Current Sale Recording Date: Aug 30, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33039
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70151106

Frequently Asked Questions

When was property at 8 Rivers Edge Place built and last sold?
The property at 8 Rivers Edge Place was built in 1997 and last sold on Jan 1, 1970 for $256,900.
How much is this home worth?
The estimated value of the home located at 8 Rivers Edge Place is $374,692.
What are some comparable homes to 8 Rivers Edge Place?
There are currently no comparable homes to 8 Rivers Edge Place.
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