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Methuen Town 01844
83 Comet Rd
$493,000
● House - Off Market

83 Comet Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,829 Ft²
$522,188
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Open house Sunday, January 9 noon to 1:30 PM. Attractive split-level ranch in Methuen's Pleasant Valley neighborhood has great living space on 2 levels. Kitchen appliances and laundry are recent and included in the sale. Three bedrooms upstairs and big family room and office downstairs. A bathroom on each level. Spacious attached garage and good size deck for outdoor times. Large shed out back and grass yard!
Unit Size
1,829 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$271
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1979

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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 #72923252)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Nov 28, 2021 Listed by Century 21 North East $495,916
Listed by Century 21 North East
Nov 5, 2018 Sold
Premium
Sold
Sep 26, 2014 Sold
Premium
Sold
Apr 4, 2014 Listed by Century 21 North East $249,900
Listed by Century 21 North East
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,025
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,228
  • Total Building Area: 1,829
  • Gross Building Area: 2,405
  • Building Area: 1,829
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,829
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000235
  • 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: 2400
  • Parcel: METH M:01012 B:00108 L:00248G
  • Block: 108
  • Lot: 248G
  • Municipality: METHUEN
  • Latitude: 42.7381
  • Longitude: -71.1407

    Address

  • Full Address: 83 Comet Rd
  • Address - House Number: 83
  • Address - Street Name: Comet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 5622
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517,500

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 557,568
  • High Value: 655,769
  • Low Value: 459,366

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $442,300
  • Assessed Land Value: $168,500
  • Assessed Improvements Value: $273,800

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5080
  • Previous Sale Recording Date: Nov 05, 2018
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: 71
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

53

Average Home Size

2218 ft²

Average Home Age

56.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72923252

Frequently Asked Questions

When was property at 83 Comet Road built and last sold?
The property at 83 Comet Road was built in 1979 and last sold on Feb 28, 2022 for $493,000.
How much is this home worth?
The estimated value of the home located at 83 Comet Road is $498,183.
What are some comparable homes to 83 Comet Road?
There are currently no comparable homes to 83 Comet Road.
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