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Methuen Town 01844
87 Sevoian Drive
Photo of 87 Sevoian Drive
Sold on Aug 24, 2006

1

Map

$343,000
● House - Off Market

87 Sevoian Drive

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,575 Ft²
$590,138
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Beautifully maintained 3 bedroom raised ranch in Marsh School District. New kitchen and full bath. Fireplaced family room with hardwood floors. Newer roof and vinyl siding. Finished family room with woodstove/hearth hook up in basement.
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$222
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1978

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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 #70423433)

Price History

Date / Event Date Event Price
Aug 24, 2006 Sold
Premium
Sold
Jul 14, 2006 Listed by LAER Realty Partners $349,900
Listed by LAER Realty Partners
Beautifully maintained 3 bedroom raised ranch in Marsh School District. New kitchen and full bath. Fireplaced family room with hardwood floors. Newer roof and vinyl siding. Finished family room with woodstove/hearth hook up in basement.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,150
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,677
  • Total Building Area: 2,150
  • Gross Building Area: 2,952
  • Building Area: 2,150
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,150
  • 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: 252202

Zoning

  • Zoning: RB

Geography

  • Account Number: 3045
  • Parcel: METH M:00312 B:00126A L:0066BX
  • Block: 126A
  • Lot: 66BX
  • Municipality: METHUEN
  • Latitude: 42.7343
  • Longitude: -71.227

    Address

  • Full Address: 87 Sevoian Dr
  • Address - House Number: 87
  • Address - Street Name: Sevoian
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1535
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $601,000

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 656,513
  • High Value: 772,142
  • Low Value: 540,885

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,700
  • Assessed Land Value: $211,700
  • Assessed Improvements Value: $302,000

    Sales

  • Current Sale Recording Date: May 11, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10794
  • Previous Sale Recording Date: Sep 26, 2016
  • 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

Unit for rent at 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70423433

Frequently Asked Questions

When was property at 87 Sevoian Drive built and last sold?
The property at 87 Sevoian Drive was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 87 Sevoian Drive is $362,349.
What are some comparable homes to 87 Sevoian Drive?
There are currently no comparable homes to 87 Sevoian Drive.
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