363A Forest St Methuen, MA 01844

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3 beds · 2 baths · 1,708 sq ft · Lot Size: 43,124 sq ft · Single Family Home · The West End
Est. Property Value: $537,336

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363A Forest St is in the The West End neighborhood of Methuen, MA. It is located in Essex County and ZIP code 01844. This Single Family Home was built in 1992 and is approximately 33 years old. The single family home spans 1708 sq ft with 3 bedrooms and 2 bathrooms and sits on a 43124 sq ft lot. According to public records, it has a tax-assessed value of $564,110, which is $315 per sq ft. The The West End area of Methuen has 6 residential homes with an average size of 1433 sq ft. Analyze and compare real estate investment strategies for properties like this home at 363A Forest St Methuen, MA 01844 with Property Intel by Whitepages.

Owners & Occupancy for 363A Forest St

This property is owned by David C Myers. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

Cell Phone(978) ***-****View Cell Phone
Residence***********
Landline(978) 682-6590
Distance from Property**********
Email Address*************@gmail.comView Email

Occupancy

Resident 1********************** age 62
Resident 2*************** age 63

Property Financials for 363A Forest St

363A Forest St, Methuen, MA has no known mortgage. The Essex county assessment for 2024 values it at $564,110, with annual taxes of $6,951.

Property Tax

Property Tax Amount$6,951 in 2024
Assessed Value$564,110 on 2024

Investment Potential for 363A Forest St

The property has a current estimated value of $537,336, which is 8% above the neighborhood median. Projected long-term rental income is $44,400 annually ($3,700 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$44,400 per year($3,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 01844 zip code
 
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Property Details for 363A Forest St

Property Details

Property Sq Ft

Living Area

1,708 sq ft

19% above market

Lot Size

43,124 sq ft

40% above market

Price Per Sq Ft

Living Area

$315 / sq ft

10% below market

Lot Size Area

$12 / sq ft

40% below market

Property condition, age, exterior, etc. for 363A Fores…
Longitude: -71.220375 Latitude: 42.716597 Parcel Number (APN): METH-000416-000131-000062C…

Recommended Properties in The West End

Discover more single family homes near 363A Forest St in Methuen, Massachusetts. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 363A Forest St in Essex County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$537,336
$553,061
-$15,725 (-3%)
$770,357
$1,653 (0%)
YoY Price Change
1.99%
674%
Year Built
1992
1962
30 years
Living Space
1,708 sq ft
1,570 sq ft
138 (9%)
$ Per Living Sq Ft
$315
$347
-$32 (-9%)
Lot Size
43,124 sq ft
15,246 sq ft
27878 (183%)
$ Per Lot Sq Ft
$12
$34
-$22 (-64%)

Net Operating Income
$28,945
-$1,348 (-5%)
Annual Revenue
$44,400
$44,400
$0 (0%)
$15,932
$871 (5%)
Net Operating Income
$28,945
-$1,348 (-5%)
Cap Rate
5.27%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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