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Methuen Town 01844
142 Elm St
$575,000
● House - Off Market

142 Elm St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,280 Ft²
$3,158
Est. Monthly

About This Property

This well cared for Cape style home offers the space you've been looking for! With 4 bedrooms and and two full baths, it has an upgraded eat in kitchen with granite counters and stainless steel appliances. Recessed lighting throughout the first floor and a mini split A/C system. The 3 bedrooms on the first floor are generously sized and all have hardwood flooring. The second floor has a large primary bedroom with a full bath. Bright bonus room in the basement. Single car garage, Fenced in yard. A full perimeter drain system has been installed for peace of mind. Showings to begin on Saturday September 7.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$245
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 4 months ago (MLSPIN #73284892)

Price History

Date / Event Date Event Price
Sep 30, 2024 Sold
Premium
Sold
Sep 10, 2024 In contract -
In contract
Sep 4, 2024 Listed by Berkshire Hathaway HomeServices Verani Realty $559,000
Listed by Berkshire Hathaway HomeServices Verani Realty
Dec 20, 2019 Sold
Premium
Sold
Oct 24, 2019 Listed by Berkshire Hathaway HomeServices Verani Realty $350,000
Listed by Berkshire Hathaway HomeServices Verani Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,120
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,680
  • Gross Building Area: 3,746
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LESLIE & GLADYS SLATER LOWELL
  • Land Acres: 0000000172
  • 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: RD

Geography

  • Account Number: 10953
  • Parcel: METH M:00616 B:00151 L:00016
  • Block: 151
  • Lot: 16
  • Municipality: METHUEN
  • Latitude: 42.7138
  • Longitude: -71.1972

    Address

  • Full Address: 142 Elm St
  • Address - House Number: 142
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3567
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 504,644
  • High Value: 596,382
  • Low Value: 412,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410,300
  • Assessed Land Value: $148,500
  • Assessed Improvements Value: $261,800

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Dec 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32401
  • Previous Sale Recording Date: Aug 04, 2011
  • Previous Sale Amount: $242,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73284892

Frequently Asked Questions

When was property at 142 Elm Street built and last sold?
The property at 142 Elm Street was built in 1950 and last sold on Dec 18, 2019 for $346,000.
How much is this home worth?
The estimated value of the home located at 142 Elm Street is $557,292.
What are some comparable homes to 142 Elm Street?
There are currently no comparable homes to 142 Elm Street.
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