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Methuen Town 01844
9 Marc Ave
$490,000
● House - Off Market

9 Marc Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,694 Ft²
$443,325
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Do not hesitate to take a look at this fantastic ranch style home in desirable Methuen neighborhood. Home offers a nice open layout with a large modern kitchen design overlooking a sunken living room. Dining room and family room open to each other but could combine as a 4th bedroom as previously used. 3 good sized bedrooms along with a full bath featuring a claw-foot tub. Recent updates include, fresh paint throughout, new LED lighting, newer windows, furnace and condensor. Exterior offers a newer roof and siding along with a large level fenced in backyard with shed along with an oversize deck perfect for entertaining. This is a must see. All offers, if any, due Monday April 25 by 5:00.
Unit Size
1,694 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$260
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1973

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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 #72968848)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by Realty One Group Nest $439,900
Listed by Realty One Group Nest
Sep 18, 2006 Sold
Premium
Sold
Jul 5, 2006 Listed by Realty One Group Nest $329,900
Listed by Realty One Group Nest
Jun 20, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,054
  • Total Building Area: 1,694
  • Gross Building Area: 1,970
  • Building Area: 1,694
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNRISE PARK SEC 06
  • Land Acres: 0000000231
  • 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: RD

Geography

  • Account Number: 3908
  • Parcel: METH M:00614 B:00150 L:00009D
  • Block: 150
  • Lot: 9D
  • Municipality: METHUEN
  • Latitude: 42.7173
  • Longitude: -71.1912

    Address

  • Full Address: 9 Marc Ave
  • Address - House Number: 9
  • Address - Street Name: Marc
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3516
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $414,200

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 490,997
  • High Value: 580,255
  • Low Value: 401,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,000
  • Assessed Land Value: $168,100
  • Assessed Improvements Value: $185,900

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12617
  • Previous Sale Recording Date: Sep 18, 2006
  • Previous Sale Amount: $305,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72968848

Frequently Asked Questions

When was property at 9 Marc Avenue built and last sold?
The property at 9 Marc Avenue was built in 1973 and last sold on May 27, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 9 Marc Avenue is $451,422.
What are some comparable homes to 9 Marc Avenue?
There are currently no comparable homes to 9 Marc Avenue.
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