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Methuen Town 01844
80 Arnold St
$304,000
● House - Off Market

80 Arnold St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$437,337
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Welcome to your perfect starter home! The house is within walking distance to a park and less then a mile to I-93. This house is spacious and bright with plenty of windows through out the whole home. There is a bonus room in the basement perfect for a play room and a work shop with a walk out to your large private fenced in backyard. Don't miss out on this great opportunity!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$249
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1920

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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 #72580350)

Price History

Date / Event Date Event Price
Dec 3, 2019 Sold
Premium
Sold
Oct 16, 2019 Listed by Farrelly Realty Group $299,000
Listed by Farrelly Realty Group
Jun 12, 2003 Sold
Premium
Sold
Aug 3, 2001 Sold
Premium
Sold
Apr 20, 2001 Listed $159,900
Listed
NICE STARTER HOME IN WEST METHUEN 5-6 RMS 1 BATH CENTRAL AIR NICELY LANDSCAPED LEVEL FENCED IN YARD.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 1,182
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,182
  • Gross Building Area: 2,453
  • Building Area: 1,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,182
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 252300

Zoning

  • Zoning: RG

Geography

  • Account Number: 4213
  • Parcel: METH M:00614 B:00139A L:00007
  • Block: 139A
  • Lot: 7
  • Municipality: METHUEN
  • Latitude: 42.7213
  • Longitude: -71.1926

    Address

  • Full Address: 80 Arnold St
  • Address - House Number: 80
  • Address - Street Name: Arnold
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 3602
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $379,300

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 429,634
  • High Value: 510,175
  • Low Value: 349,093

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,200
  • Assessed Land Value: $145,200
  • Assessed Improvements Value: $179,000

    Sales

  • Current Sale Contract Date: Nov 20, 2019
  • Current Sale Recording Date: Dec 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30468
  • Previous Sale Recording Date: Jun 12, 2003
  • Previous Sale Amount: $229,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2150 ft²

Average Home Age

54.9 years

Currently For Sale

74 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72580350

Frequently Asked Questions

When was property at 80 Arnold Street built and last sold?
The property at 80 Arnold Street was built in 1920 and last sold on Nov 20, 2019 for $304,000.
How much is this home worth?
The estimated value of the home located at 80 Arnold Street is $307,493.
What are some comparable homes to 80 Arnold Street?
There are currently no comparable homes to 80 Arnold Street.
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