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Methuen Town 01844
9 Joy Terrace
$220,000
● House - Off Market

9 Joy Terrace

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,449 Ft²
$488,019
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Exceptional condition is the only way to describe this Bungalow with a great finished lower level. Tastefully decorated and a private back yard for entertaining. Just a few things that make this extra special. The Large Screen TV in the basement family room remains as well as the hot tub in the back yard. There is a a gym in the basement equiped for the new owner with Treadmill, weights, etc... This home is so much larger than it looks from the street. Check out the photo's.
Unit Size
2,449 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$92
Property Type
House
Property Taxes
$219
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 #71358917)

Price History

Date / Event Date Event Price
May 30, 2012 Sold
Premium
Sold
Mar 28, 2012 Listed by Century 21 McLennan & Company $224,900
Listed by Century 21 McLennan & Company
Mar 29, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 7
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,202
  • Total Building Area: 2,285
  • Gross Building Area: 3,457
  • Building Area: 2,285
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,285
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 5172
  • Land Acres: 0000000234
  • 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: 252101

Zoning

  • Zoning: RD

Geography

  • Account Number: 12850
  • Parcel: METH M:00516 B:00151 L:00135
  • Block: 151
  • Lot: 135
  • Municipality: METHUEN
  • Latitude: 42.7073
  • Longitude: -71.2002

    Address

  • Full Address: 9 Joy Ter
  • Address - House Number: 9
  • Address - Street Name: Joy
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Methuen
  • Carrier Code: C024
  • 4-Digit Zip Code: 3418
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,800

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 586,610
  • High Value: 732,709
  • Low Value: 440,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,900
  • Assessed Land Value: $168,500
  • Assessed Improvements Value: $201,400

    Sales

  • Current Sale Recording Date: May 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Mar 29, 1993
  • Previous Sale Amount: $127,000
  • 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

53

Average Home Size

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71358917

Frequently Asked Questions

When was property at 9 Joy Terrace built and last sold?
The property at 9 Joy Terrace was built in 1915 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 9 Joy Terrace is $254,769.
What are some comparable homes to 9 Joy Terrace?
There are currently no comparable homes to 9 Joy Terrace.
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