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Methuen Town 01844
11 Elm St
$140,000
● House - Off Market

11 Elm St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,777 Ft²
$305,308
RealtyHop Estimate
118.86%
Since Jun 1, 2011
National-US
Primary Model

About This Property

*** SHORT SALE APPROVED BY LENDER***  MOTIVATED SELLER LOOKING TO SELL QUICKLY. SPACIOUS 3 BEDROOM SINGLE FAMILY HOME. PROPERTY FEATURES OFF STREET PARKING & GREAT YARD SPACE. SOME UPDATING NEEDED.
Unit Size
1,777 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$79
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1930

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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 #71163577)

Price History

Date / Event Date Event Price
May 6, 2011 Sold
Premium
Sold
Nov 17, 2010 Listed by Bentley Real Estate Group $139,500
Listed by Bentley Real Estate Group
Feb 1, 2008 Sold
Premium
Sold
Jul 19, 2007 Listed by Bentley Real Estate Group $179,900
Listed by Bentley Real Estate Group
Sep 16, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 764
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,427
  • Total Building Area: 1,777
  • Gross Building Area: 2,531
  • Building Area: 1,777
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,777
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • 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: 252101

Zoning

  • Zoning: RG

Geography

  • Account Number: 15562
  • Parcel: METH M:00616 B:00157 L:00009
  • Block: 157
  • Lot: 9
  • Municipality: METHUEN
  • Latitude: 42.7054
  • Longitude: -71.192

    Address

  • Full Address: 11 Elm St
  • Address - House Number: 11
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 4212
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 495,033
  • High Value: 573,225
  • Low Value: 416,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,200
  • Assessed Land Value: $148,300
  • Assessed Improvements Value: $245,900

    Sales

  • Current Sale Recording Date: May 06, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Feb 01, 2008
  • Previous Sale Amount: $173,000
  • 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71163577

Frequently Asked Questions

When was property at 11 Elm Street built and last sold?
The property at 11 Elm Street was built in 1930 and last sold on Jan 1, 1970 for $14,000.
How much is this home worth?
The estimated value of the home located at 11 Elm Street is $159,650.
What are some comparable homes to 11 Elm Street?
There are currently no comparable homes to 11 Elm Street.
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