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Methuen Town 01844
88 Pinehurst Ave
$263,000
● House - Off Market

88 Pinehurst Ave

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
938 Ft²
$427,724
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Welcome Home! Nice Ranch with many upgraded features, Remodeled Kitchen, Cabinets, Counter Tops, Appliances 2015, All appliances to stay including washer & dryer. Tile Floor, Hardwood Floors throughout, Updated Bath  Freshly Painted interior, Living Room with Hardwood Floors, Wood Burning Fire Place, Walk up attic, potential to finish, Large level lot, Back Yard is nicely landscaped and completely fenced in! Motivated Seller! Quick Close Possible! Home is located near 93,110, Route 28 schools and shopping!
Unit Size
938 Ft²
Days on Market
-
Land Size
-
Price per sqft
$288
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #72216306)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Coco Early & Associates Windham Division LLC $379,900
Listed by Coco Early & Associates Windham Division LLC
Dec 5, 2017 Sold
Premium
Sold
Aug 19, 2017 Listed by Coco Early & Associates Windham Division LLC $270,000
Listed by Coco Early & Associates Windham Division LLC
Nov 18, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 886
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,770
  • Total Building Area: 938
  • Gross Building Area: 2,758
  • Building Area: 938
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 938
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • 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: RD

Geography

  • Account Number: 10580
  • Parcel: METH M:00412 B:00126B L:00232D
  • Block: 126B
  • Lot: 232D
  • Municipality: METHUEN
  • Latitude: 42.7332
  • Longitude: -71.2185

    Address

  • Full Address: 88 Pinehurst Ave
  • Address - House Number: 88
  • Address - Street Name: Pinehurst
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1526
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 460,043
  • High Value: 541,366
  • Low Value: 378,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,200
  • Assessed Land Value: $172,200
  • Assessed Improvements Value: $190,000

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29136
  • Previous Sale Recording Date: Dec 05, 2017
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: O
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

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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# 72216306

Frequently Asked Questions

When was property at 88 Pinehurst Avenue built and last sold?
The property at 88 Pinehurst Avenue was built in 1950 and last sold on Aug 26, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 88 Pinehurst Avenue is $374,060.
What are some comparable homes to 88 Pinehurst Avenue?
There are currently no comparable homes to 88 Pinehurst Avenue.
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