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Methuen Town 01844
8 Winthrop Ave
$355,000
● House - Off Market

8 Winthrop Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,171 Ft²
$514,178
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Welcome home! This Cape style home offers 4 bedrooms, inground pool, hardwood throughout, and sunny dining area. Large Living room has brick fireplace! Perfect commuter location close to all amenities. Great location with a beautiful backyard, with patio, perfect for the upcoming summertime BBQ's.
Unit Size
2,171 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$157
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (MLSPIN #72351340)

Price History

Date / Event Date Event Price
Sep 28, 2018 Sold
Premium
Sold
Jun 22, 2018 Listed by Coco, Early & Associates $339,900
Listed by Coco, Early & Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 1,132
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,677
  • Total Building Area: 2,171
  • Gross Building Area: 4,799
  • Building Area: 2,171
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,171
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000567
  • 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: 252201

Zoning

  • Zoning: RG

Geography

  • Account Number: 8431
  • Parcel: METH M:00514 B:00147 L:00033
  • Block: 147
  • Lot: 33
  • Municipality: METHUEN
  • Latitude: 42.7175
  • Longitude: -71.1972

    Address

  • Full Address: 8 Winthrop Ave
  • Address - House Number: 8
  • Address - Street Name: Winthrop
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C041
  • 4-Digit Zip Code: 2843
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $546,700

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 569,317
  • High Value: 672,812
  • Low Value: 465,822

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $467,300
  • Assessed Land Value: $203,200
  • Assessed Improvements Value: $264,100

    Sales

  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24055
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

2226 ft²

Average Home Age

53.5 years

Currently For Sale

75 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: 5 months ago
Data Source: MLS PIN, MLS# 72351340

Frequently Asked Questions

When was property at 8 Winthrop Avenue built and last sold?
The property at 8 Winthrop Avenue was built in 1930 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 8 Winthrop Avenue is $363,387.
What are some comparable homes to 8 Winthrop Avenue?
There are currently no comparable homes to 8 Winthrop Avenue.
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