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Methuen Town 01844
101 Elm St
$275,500
● House - Off Market

101 Elm St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,062 Ft²
$428,133
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Welcome home to this beautifully updated Cape. As you walk into this home you can really appreciate the attention to detail. The home has been substantially updated over the years. The kitchen, bathroom, electrical, heating and central air systems have all been updated and taken care of very well. The appliances are all stainless steel and being left for the buyer along with the washer and dryer! There is hardwood floor in the first floor bedrooms and UNDER the living room carpet and stairs! The nearly 1/4 acre yard is completely fenced in and flat. Perfect for entertaining...Walk down to the basement and you have plenty of storage space along with the potential to partially finish it! Call now to schedule a showing. This won't last long...All offers due Monday at 6PM. Seller will have response Tuesday.
Unit Size
1,062 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$254
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72228583)

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold
Premium
Sold
Sep 14, 2017 Listed by LAER Realty Partners $269,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,063
  • Gross Building Area: 2,802
  • Building Area: 1,063
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,063
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 252300

Zoning

  • Zoning: RD

Geography

  • Account Number: 7270
  • Parcel: METH M:00616 B:00150 L:00064
  • Block: 150
  • Lot: 64
  • Municipality: METHUEN
  • Latitude: 42.7136
  • Longitude: -71.1967

    Address

  • Full Address: 101 Elm St
  • Address - House Number: 101
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3513
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,100

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 444,604
  • High Value: 527,951
  • Low Value: 361,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,400
  • Assessed Land Value: $154,000
  • Assessed Improvements Value: $197,400

    Sales

  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30208
  • Previous Sale Recording Date: Apr 14, 2014
  • Previous Sale Document Type: 27
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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

55.2 years

Currently For Sale

74 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72228583

Frequently Asked Questions

When was property at 101 Elm Street built and last sold?
The property at 101 Elm Street was built in 1948 and last sold on Jan 1, 1970 for $275,500.
How much is this home worth?
The estimated value of the home located at 101 Elm Street is $277,516.
What are some comparable homes to 101 Elm Street?
There are currently no comparable homes to 101 Elm Street.
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