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Methuen Town 01844
202 Pelham St
Photo of 202 Pelham St
Sold on Jul 10, 2009

1

Map

$173,000
● House - Off Market

202 Pelham St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,796 Ft²
$360,837
RealtyHop Estimate
106.19%
Since Aug 1, 2009
National-US
Primary Model

About This Property

Updated Cape in Marsh School district.  Open concept with 1st floor Master lives much larger than you might expect from looking at the outside.  There is a lot of living space in this house!  Must be seen to be appreciated.  Nicely updated, this home is move in ready.  Listed as a 3 bedroom, there is a 4th, unheated, bedroom on the 2nd floor.  Fenced in yard.  Great West Methuen location - close to major highways for ease of commute.  SHORT SALE.  SUBJECT TO LENDER APPROVAL
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$97
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1946

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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 #70865129)

Price History

Date / Event Date Event Price
Jul 10, 2009 Sold
Premium
Sold
Jan 15, 2009 Listed $175,000
Listed
Oct 24, 2006 Sold
Premium
Sold
Aug 24, 2006 Listed $299,900
Listed

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,533
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,301
  • Total Building Area: 1,908
  • Gross Building Area: 3,866
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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: 252201

Zoning

  • Zoning: RB

Geography

  • Account Number: 12145
  • Parcel: METH M:00412 B:00132 L:00040
  • Block: 132
  • Lot: 40
  • Municipality: METHUEN
  • Latitude: 42.7288
  • Longitude: -71.2156

    Address

  • Full Address: 202 Pelham St
  • Address - House Number: 202
  • Address - Street Name: Pelham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1453
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $431,400

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 451,683
  • High Value: 531,529
  • Low Value: 371,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,700
  • Assessed Land Value: $143,700
  • Assessed Improvements Value: $225,000

    Sales

  • Current Sale Recording Date: Jul 10, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 15521
  • Previous Sale Recording Date: Oct 24, 2006
  • Previous Sale Amount: $279,900
  • Previous Sale Document Type: 48
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

Unit for rent at 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70865129

Frequently Asked Questions

When was property at 202 Pelham Street built and last sold?
The property at 202 Pelham Street was built in 1946 and last sold on Jan 1, 1970 for $173,000.
How much is this home worth?
The estimated value of the home located at 202 Pelham Street is $199,805.
What are some comparable homes to 202 Pelham Street?
There are currently no comparable homes to 202 Pelham Street.
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