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Methuen Town 01844
9 Edgewood Terrace
$242,500
● House - Off Market

9 Edgewood Terrace

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$418,246
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Nestled back on a quiet side street, this well maintained single family home offers easy access to major highways, shopping and dining.  Enjoy the charming newly sided exterior of this home, along with the many updates on the interior. Three bedrooms, Huge Eat-in kitchen, 1st floor sitting nook, Hardwood flooring throughout, New windows, New furnace installed in 2009 (converted from oil to gas), and the New roof in 2011 add to this homes appeal!  Improved home, Convenient location and Great price ... NEW 2 car DRIVEWAY being installed within the next 2 weeks! View this home again with the driveway in mind and don't miss the opportunity to own this home!
Unit Size
1,328 Ft²
Days on Market
-
Land Size
-
Price per sqft
$184
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1915

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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 #71965342)

Price History

Date / Event Date Event Price
Jun 4, 2021 Sold
Premium
Sold
Mar 26, 2021 Listed by Keller Williams Realty - Londonderry $359,900
Listed by Keller Williams Realty - Londonderry
May 23, 2016 Sold
Premium
Sold
Mar 1, 2016 Listed by Keller Williams Realty - Londonderry $244,900
Listed by Keller Williams Realty - Londonderry
Sep 9, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 759
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,741
  • Total Building Area: 2,087
  • Gross Building Area: 2,481
  • Building Area: 2,087
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,087
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000178
  • 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: 252201

Zoning

  • Zoning: RG

Geography

  • Account Number: 5886
  • Parcel: METH M:00514 B:00140 L:00033
  • Block: 140
  • Lot: 33
  • Municipality: METHUEN
  • Latitude: 42.7204
  • Longitude: -71.201

    Address

  • Full Address: 9 Edgewood Ter
  • Address - House Number: 9
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • 4-Digit Zip Code: 2403
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,800

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 436,039
  • High Value: 513,119
  • Low Value: 358,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,100
  • Assessed Land Value: $154,400
  • Assessed Improvements Value: $196,700

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18638
  • Previous Sale Recording Date: May 23, 2016
  • Previous Sale Amount: $242,500
  • 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

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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# 71965342

Frequently Asked Questions

When was property at 9 Edgewood Terrace built and last sold?
The property at 9 Edgewood Terrace was built in 1915 and last sold on Jun 4, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 9 Edgewood Terrace is $360,569.
What are some comparable homes to 9 Edgewood Terrace?
There are currently no comparable homes to 9 Edgewood Terrace.
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