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Methuen Town 01844
97 Wingate Ave
$699,999
● House - Off Market

97 Wingate Ave

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,416 Ft²
$723,738
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome home to this turn key ready Colonial with Hardwood floors throughout the home. First floor offers dinning room, living room, large eat in kitchen with granite counter tops and stainless steel appliances. A half bath and a cathedral ceiling family room with gas fire place. The second floor you will find a large primary bedroom with walk in closet and bathroom with a double sink. Two additional bedrooms, full bathroom, washer and dryer. The unfinished walk up attic has endless possibilities. Enjoy the evenings on the large deck leading into the fenced in yard perfect for entertaining or just relaxing. Close to Rte. 495, local shops and restaurants.
Unit Size
2,416 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$290
Property Type
House
Property Taxes
$594
HOA Dues
-
Year Built
2008

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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 #73008566)

Price History

Date / Event Date Event Price
Aug 29, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Compass $699,999
Listed by Compass
May 20, 2008 Sold
Premium
Sold
Nov 14, 2007 Listed by Compass $439,900
Listed by Compass

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,388
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,122
  • Total Building Area: 2,416
  • Gross Building Area: 5,794
  • Building Area: 2,416
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,416
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 9380-H
  • Land Acres: 0000000324
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 17038
  • Parcel: METH M:01111 B:00110C L:00031B
  • Block: 110C
  • Lot: 31B
  • Municipality: METHUEN
  • Latitude: 42.7358
  • Longitude: -71.1266

    Address

  • Full Address: 97 Wingate Ave
  • Address - House Number: 97
  • Address - Street Name: Wingate
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C044
  • 4-Digit Zip Code: 6446
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,200

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 734,026
  • High Value: 859,923
  • Low Value: 608,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,100
  • Assessed Land Value: $177,900
  • Assessed Improvements Value: $440,200

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127723
  • Previous Sale Recording Date: May 20, 2008
  • Previous Sale Amount: $433,000
  • Previous Sale Document Type: 48
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73008566

Frequently Asked Questions

When was property at 97 Wingate Avenue built and last sold?
The property at 97 Wingate Avenue was built in 2008 and last sold on Aug 29, 2022 for $699,999.
How much is this home worth?
The estimated value of the home located at 97 Wingate Avenue is $702,156.
What are some comparable homes to 97 Wingate Avenue?
There are currently no comparable homes to 97 Wingate Avenue.
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