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Methuen Town 01844
88 Edgewood Ave
$235,000
● House - Off Market

88 Edgewood Ave

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,311 Ft²
$390,513
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Beautiful Cape style home on a quite corner lot neighborhood, come and view this well maintained property that has been well care throughout the years, hardwood floors on the first floor, ceramic tile on the kitchen that includes all appliances stove, fridge and dishwasher. Central heat and AC on the first floor, bath with Jacuzzi tub, the two bedrooms on the 2nd fl have electric baseboard heat. Partially finished room in the basement perfect for an exercise room, laundry that includes washer and dryer, workshop bench, plenty of storage.
Unit Size
1,311 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$168
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #71852985)

Price History

Date / Event Date Event Price
Jul 28, 2015 Sold
Premium
Sold
Jun 6, 2015 Listed by Coco, Early & Associates $219,900
Listed by Coco, Early & Associates
Sep 26, 2003 Sold
Premium
Sold
Aug 1, 2003 Listed by Coco, Early & Associates $249,900
Listed by Coco, Early & Associates
Dec 28, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 1
  • 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: 826
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,922
  • Total Building Area: 1,311
  • Gross Building Area: 2,504
  • Building Area: 1,311
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,311
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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: 11619
  • Parcel: METH M:00514 B:00138 L:00023
  • Block: 138
  • Lot: 23
  • Municipality: METHUEN
  • Latitude: 42.7221
  • Longitude: -71.1988

    Address

  • Full Address: 88 Edgewood Ave
  • Address - House Number: 88
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2920
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $405,500

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 455,917
  • High Value: 541,385
  • Low Value: 370,449

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,600
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $190,800

    Sales

  • Current Sale Contract Date: Jul 28, 2015
  • Current Sale Recording Date: Jul 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112330
  • Previous Sale Recording Date: Sep 26, 2003
  • Previous Sale Amount: $249,900
  • Previous Sale Document Type: 48
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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2200 ft²

Average Home Age

58.2 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: 5 months ago
Data Source: MLS PIN, MLS# 71852985

Frequently Asked Questions

When was property at 88 Edgewood Avenue built and last sold?
The property at 88 Edgewood Avenue was built in 1950 and last sold on Jul 28, 2015 for $235,000.
How much is this home worth?
The estimated value of the home located at 88 Edgewood Avenue is $234,745.
What are some comparable homes to 88 Edgewood Avenue?
There are currently no comparable homes to 88 Edgewood Avenue.
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