10 Reuter Pl Methuen, MA 01844

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2 beds · 2 baths · 2,321 sq ft · Lot Size: 22,651 sq ft · Single Family Home · The East End
Est. Property Value: $539,368

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10 Reuter Pl is in the The East End neighborhood of Methuen, MA. It is located in Essex County and ZIP code 01844. This Single Family Home was built in 1947 and is approximately 78 years old. The single family home spans 2321 sq ft with 2 bedrooms and 2 bathrooms and sits on a 22651 sq ft lot. According to public records, it was last sold in 1987 for $113,000 and has a tax-assessed value of $494,380, which is $232 per sq ft. The The East End area of Methuen has 550 residential homes with an average size of 1347.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 10 Reuter Pl Methuen, MA 01844 with Property Intel by Whitepages.

Owners & Occupancy for 10 Reuter Pl

This property is owned by Robert E Gurka. Owner contact information includes 2 phone numbers.

Property Owners

Residence***********
Landline
Distance from Property**********

Occupancy

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

Property Financials for 10 Reuter Pl

10 Reuter Pl, Methuen, MA has a mortgage (orig. July 01, 1987). The Essex county assessment for 2024 values it at $494,380, with annual taxes of $5,959.

Mortgage & Equity Information

Loan Amount$******
Origination DateJuly 01, 1987
Interest Rate****%
Term30 Years
Est Balance$*
Due Date*************
Equity View Equity

Property Tax

Purchase DateJuly 01, 1987
Property Tax Amount$5,959 in 2024
Purchase Price$113,000
Assessed Value$494,380 on 2024

Investment Potential for 10 Reuter Pl

The property has a current estimated value of $539,368, which is 16% above the neighborhood median, based on public records. It last sold on July 01, 1987 for $113K. Projected long-term
is $57,600 annually ($4,800 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$57,600 per year($4,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 01844 zip code
 
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Property Details for 10 Reuter Pl

Property Details

Property Sq Ft

Living Area

2,321 sq ft

72% above market

Lot Size

22,651 sq ft

136% above market

Price Per Sq Ft

Living Area

$232 / sq ft

31% below market

Lot Size Area

$24 / sq ft

53% below market

Property condition, age, exterior, etc. for 10 Reuter …
Longitude: -71.150361 Latitude: 42.727481 Parcel Number (APN): METH-000914-000100-000047…

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Discover more single family homes near 10 Reuter Pl 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 10 Reuter Pl in Essex County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$539,368
$451,358
$88,010 (19%)
$631,393
$143,537 (23%)
YoY Price Change
2.1%
204%
Year Built
1947
1952
-5 years
Living Space
2,321 sq ft
1,176 sq ft
1145 (97%)
$ Per Living Sq Ft
$232
$374
-$141 (-38%)
Lot Size
22,651 sq ft
11,326 sq ft
11325 (100%)
$ Per Lot Sq Ft
$24
$38
-$14 (-37%)

Net Operating Income
$30,654
$9,338 (30%)
Annual Revenue
$57,600
$44,400
$13,200 (30%)
$13,898
$3,710 (27%)
Net Operating Income
$30,654
$9,338 (30%)
Cap Rate
6.81%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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