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261 Oak St, Methuen, MA, 01844

6beds
4baths
5,282sqft
$879,800
$167price/sqft
$6,523/moest. monthly cost
$260,920/yrincome needed

About This Home

Welcome home to this one-owner 10 room custom built Colonial situated on a beautifully landscaped lot in a prime Methuen location. Offering convenient access to interstates for an easy commute to the City of Boston or the local coastline. Just minutes to the popular Salem New Hampshire Tuscan Village! This thoughtfully designed home features a flexible floor plan, gourmet custom kitchen packed with solid cherry cabinets, granite center island w/prep sink, upgraded newer stainless-steel appliances, dramatic sunken family room w/fireplace, formal dining room, primary suite with private luxury bathroom design w/ensuite bath and walk in closet, 6 bedrooms in total with room for a potential 7th, 3.5 baths, 2nd floor laundry room, and an oversized 2 car garage with plenty of storage. The outdoor space features a wrap-around farmer’s porch, large composite deck, irrigation system, mature plantings and a semi-circular driveway. This property is a great option for those with an extended family in need of a flexible floor plan. Fully finished lower-level offering walkout entrance to the rear of property. Make your appointment today for a private viewing. See the attached list of updates and property maintenance progress. A true multi-generational option!

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

4/10
Donald P Timony GrammarGrades K-81.5 mi
3/10
Methuen High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt/Composition Shingles
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Oven,Dishwasher,Disposal,Trash Compactor,Microwave,Refrigerator,Washer,Dryer,ENERGY STAR Qualified Dishwasher,Vacuum System,Range Hood,Cooktop
  • Laundry features: Second Floor,Gas Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Partially Finished,Walk-Out Access,Interior Entry,Concrete

Bathroom1

  • Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Level: First

Bathroom2

  • Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Double Vanity
  • Level: Second

Bathroom3

  • Features: Bathroom - Full
  • Level: Second

Bedroom2

  • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Level: Second

Bedroom3

  • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Level: Second

Bedroom4

  • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Level: Second

Bedroom5

  • Features: Flooring - Wall to Wall Carpet
  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Hardwood
  • Level: First

Family Room

  • Features: Flooring - Wall to Wall Carpet, Open Floorplan, Sunken, Lighting - Sconce
  • Level: First

Features

  • Bathroom - 3/4,Bathroom,Bedroom,Exercise Room,Central Vacuum,Walk-up Attic,Wired for Sound
  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Flooring: Wood,Tile,Carpet,Flooring - Stone/Ceramic Tile,Flooring - Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 1,680
  • Finished area above ground: 3,602

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Central Air,Dual

Interior Area

  • Total structure area: 5,282
  • Total interior livable area: 5,282 sqft

Kitchen

  • Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Pot Filler Faucet, Gas Stove, Lighting - Overhead
  • Level: Main,First

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Level: Second

Property

Details

  • Parcel number: 4387865
  • Zoning: RC

Features

  • Patio & porch: Porch,Deck,Deck - Composite,Covered
  • Exterior features: Porch,Deck,Deck - Composite,Covered Patio/Deck,Rain Gutters,Storage,Professional Landscaping,Sprinkler System,Decorative Lighting,Lighting,Stone Wall,ET Irrigation Controller

Lot

  • Lot size: 0.35 Acres
  • Features: Level

Parking

  • Total spaces: 12
  • Parking features: Attached,Garage Door Opener,Storage,Paved Drive,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,448$53,376
Home Insurance *$263$3,156
Property Taxes $771$9,252
Electricity $1,041$12,498
Total$6,523$78,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$223,645/yr
40% on housing$195,690/yr
45% on housing$173,946/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$167This listing

vs Other Active Listings

Avg $/sqft

ZIP 01844$294
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01844$338
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$879,800
2026-07-20Listing removed$899,900
2026-07-11Price change$899,900
2026-05-30Listed for sale$959,900
2009-03-13Listing removed$499,000
2009-01-27Price change$499,000
2008-12-22Listed for sale$509,000

For Sale by Agent

AgentSteven Thornhill
BrokerageGibson Sotheby's International Realty

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