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Methuen Town 01844
9 Smith Ave
$500,000
● House - Off Market

9 Smith Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,679 Ft²
$465,290
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Great 3 bedroom/2 full bath Colonial in West Methuen. Close to RT 93, 213, 110 and coinvent to Salem, NH. Vacant since recent remodel. Granite, laminate, new carpet. Tile baths and a new all new appliances. House features instant all hot water and baseboard supply. New Roof and many other update features. All appliances are new and unused. First showing will be held at the Open House on Saturday, March 5th from 11am to 1pm.
Unit Size
1,679 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$273
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1915

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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 #72948976)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Mar 3, 2022 Listed by Berkshire Hathaway HomeServices Verani Realty Bradford $459,000
Listed by Berkshire Hathaway HomeServices Verani Realty Bradford
Oct 7, 2021 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,206
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,827
  • Total Building Area: 1,679
  • Gross Building Area: 3,237
  • Building Area: 1,679
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,679
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • 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: 252102

Zoning

  • Zoning: RD

Geography

  • Account Number: 3568
  • Parcel: METH M:00516 B:00154 L:00052
  • Block: 154
  • Lot: 52
  • Municipality: METHUEN
  • Latitude: 42.7077
  • Longitude: -71.2077

    Address

  • Full Address: 9 Smith Ave
  • Address - House Number: 9
  • Address - Street Name: Smith
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C021
  • 4-Digit Zip Code: 2946
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $581,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 579,000
  • High Value: 684,256
  • Low Value: 473,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $496,700
  • Assessed Land Value: $167,600
  • Assessed Improvements Value: $329,100

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9198
  • Previous Sale Recording Date: Oct 07, 2021
  • Previous Sale Contract Date: Oct 07, 2021
  • Previous Sale Amount: $220,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72948976

Frequently Asked Questions

When was property at 9 Smith Avenue built and last sold?
The property at 9 Smith Avenue was built in 1915 and last sold on Apr 15, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 9 Smith Avenue is $472,609.
What are some comparable homes to 9 Smith Avenue?
There are currently no comparable homes to 9 Smith Avenue.
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