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Methuen Town 01844
21A Elsmere
$400,000
● House - Off Market

21A Elsmere

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$513,548
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

WELCOME HOME! This Colonial has large rooms! 1st floor offers Livingroom with new rug, Diningroom, Kitchen with new appliances and granite and half bath with laundry. The 2nd floor has 4 large bedrooms with hardwood and a large full bath. This home will surprise! Outside has a fenced in yard with inground pool and whole house generator. Setup your showing today! All offers due by Monday, July 6th @ 12pm.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969

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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 #72684225)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Jul 2, 2020 Listed by Coco, Early & Associates $379,900
Listed by Coco, Early & Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,275
  • Total Building Area: 1,800
  • Gross Building Area: 2,676
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: RG

Geography

  • Account Number: 18850
  • Parcel: METH M:00614 B:00134 L:00126A
  • Block: 134
  • Lot: 126A
  • Municipality: METHUEN
  • Latitude: 42.7224
  • Longitude: -71.1962

    Address

  • Full Address: 21-a Elsmere Ave
  • Address - House Number: 21-a
  • Address - Street Name: Elsmere
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Methuen
  • Carrier Code: C028
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,400

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 532,113
  • High Value: 615,485
  • Low Value: 448,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,500
  • Assessed Land Value: $156,700
  • Assessed Improvements Value: $236,800
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

52

Average Home Size

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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: 4 months ago
Data Source: MLS PIN, MLS# 72684225

Frequently Asked Questions

When was property at 21A Elsmere Avenue built and last sold?
The property at 21A Elsmere Avenue was built in 1969 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 21A Elsmere Avenue is $393,092.
What are some comparable homes to 21A Elsmere Avenue?
There are currently no comparable homes to 21A Elsmere Avenue.
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