200 Pelham Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by eXp Realty | $429,900 | |
| Listed by eXp Realty | |||
| | |||
|
Welcome to 200 Pelham Street, a delightful space nestled in West Methuen approximately one mile from the Marsh Grammar School and less than a mile from Rt 93. This inviting property boasts a blend of classic charm & convenience and has been generationally owned for the last 49 years. There are 2 bedrooms with an option to utilize a space downstairs as a 3rd bedroom should you need the space. On the second floor, each bedroom has ample closet space. The second floor also features an updated bathroom. There are hardwood floors throughout the first & second floor with the exception of the kitchen & bathroom. The kitchen has tons of cabinet space with an open concept to the dining space. Solar Panels were installed in 2023 through SunRun. This property is being sold in as is condition. Offers due Monday 9/16 by 12pm.
| |||
| May 26, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017