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Methuen Town 01844
8 Strathmore Rd
$375,000
● House - Off Market

8 Strathmore Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$454,512
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Location, location, location, this house has it! Just minutes from major highways yet nestled in a neighborhood. This charming 3 bedroom, 1 bath house has gleaming hardwood floors in all 3 bedrooms, beautiful built-ins in the dining room and stainless steel appliances in the kitchen. If you love to entertain, this is the backyard for you! It is hooked up with cable, electric and wifi has a large patio, fire pit area and garden. Make your appointment today! All offers are due by Thursday at noon.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$262
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1915

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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 #72711117)

Price History

Date / Event Date Event Price
Oct 13, 2020 Sold
Premium
Sold
Aug 17, 2020 Listed by Solomon Real Estate $339,900
Listed by Solomon Real Estate
Feb 11, 2011 Sold
Premium
Sold
May 31, 1996 Sold
Premium
Sold
Aug 1, 1995 Listed $85,900
Listed
VERY NICE BEAUTIFULLY MAINTAINED COLONIAL IN RESIDENTIAL AREA OF METHUEN. THIS HOME HAS ALL NEW REPLACEMENT WINDOWS, NEWER ROOF AND UPDATED ELECTRICAL SERVICE. BEAUTIFUL FRENCH DOORS LEAD TO A LOVELY LIVING ROOM AND FORMAL DINING ROOM.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 648
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 4,561
  • Total Building Area: 1,296
  • Gross Building Area: 2,129
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELMONT PARK
  • Land Acres: 0000000105
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 6620
  • Parcel: METH M:00618 B:00160 L:00040
  • Block: 160
  • Lot: 40
  • Municipality: METHUEN
  • Latitude: 42.7034
  • Longitude: -71.1943

    Address

  • Full Address: 8 Strathmore Rd
  • Address - House Number: 8
  • Address - Street Name: Strathmore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C047
  • 4-Digit Zip Code: 4832
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $434,200

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 476,929
  • High Value: 563,629
  • Low Value: 390,229

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,100
  • Assessed Land Value: $154,900
  • Assessed Improvements Value: $216,200

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27844
  • Previous Sale Recording Date: Feb 11, 2011
  • Previous Sale Amount: $150,000
  • 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

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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# 72711117

Frequently Asked Questions

When was property at 8 Strathmore Road built and last sold?
The property at 8 Strathmore Road was built in 1915 and last sold on Oct 9, 2020 for $375,000.
How much is this home worth?
The estimated value of the home located at 8 Strathmore Road is $351,718.
What are some comparable homes to 8 Strathmore Road?
There are currently no comparable homes to 8 Strathmore Road.
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