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Methuen Town 01844
8 Sharon Street
$334,000
● House - Off Market

8 Sharon Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,867 Ft²
$643,604
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Oversized Split on a quiet street, mature landscaping with Kwanzan Cherry, Apple, Pear & Peach trees on a beautiful corner lot.  This large home has endless possibilities summer kitchen in the basement with two more large rooms and its own entrance to the basement, In-law potential! Nice sunroom off the kitchen with two decks and a patio off the back.
Unit Size
2,867 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$121
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1987

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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 #71682615)

Price History

Date / Event Date Event Price
Jul 18, 2014 Sold
Premium
Sold
May 16, 2014 Listed by Coldwell Banker Residential Brokerage - Haverhill $346,900
Listed by Coldwell Banker Residential Brokerage - Haverhill
Jul 11, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 1,820
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,431
  • Total Building Area: 2,867
  • Gross Building Area: 3,896
  • Building Area: 2,867
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,867
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000377
  • 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: RD

Geography

  • Account Number: 10567
  • Parcel: METH M:01111 B:00110C L:00033B
  • Block: 110C
  • Lot: 33B
  • Municipality: METHUEN
  • Latitude: 42.7363
  • Longitude: -71.1288

    Address

  • Full Address: 8 Sharon St
  • Address - House Number: 8
  • Address - Street Name: Sharon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C044
  • 4-Digit Zip Code: 6317
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $615,200

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 665,037
  • High Value: 772,785
  • Low Value: 557,288

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,800
  • Assessed Land Value: $175,800
  • Assessed Improvements Value: $350,000

    Sales

  • Current Sale Recording Date: Jul 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15355
  • Previous Sale Recording Date: Jul 11, 1988
  • Previous Sale Amount: $196,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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# 71682615

Frequently Asked Questions

When was property at 8 Sharon Street built and last sold?
The property at 8 Sharon Street was built in 1987 and last sold on Jan 1, 1970 for $334,000.
How much is this home worth?
The estimated value of the home located at 8 Sharon Street is $380,248.
What are some comparable homes to 8 Sharon Street?
There are currently no comparable homes to 8 Sharon Street.
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