$240,000
●
Condo -
Off Market
23 Pilgrim Circle #A
Methuen, MA 01844
2 Beds
1 Bath
798 Ft²
$1,628
Est. Monthly
$268
HOA / Fees
11.08%
Cap Rate
About This Property
This move in ready garden style apartment at Colonial Village
offers convenient access to the Loop Mall, Routes 213, 93 and 495.
Updated with newer floors, newer heating/cooling system, central
air and stainless steel appliances. This beautifully located
apartment offers two generous sized bedrooms and open concept
kitchen to living room, extra storage space, assigned parking and
additional visitor parking spaces. Low condo fee of $ 268. Pets
allowed with restrictions. Laundry is offered on the same level as
unit. Great rental investment opportunity. Excellent commuter
location.
Unit Size
798 Ft²
Days on Market
-
Land Size
-
Price per sqft
$301
Property Type
Condo
Property Taxes
$182
HOA Dues
$268
Year Built
-
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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: 3 years ago (MLSPIN #73178663)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2023 | Sold | ||
| Sold | |||
| Nov 9, 2023 | In contract | - | |
| In contract | |||
| Nov 8, 2023 | Listed by Century 21 North East | $239,900 | |
| Listed by Century 21 North East | |||
| Mar 6, 2019 | Sold | ||
| Sold | |||
| Jan 11, 2019 | Listed by Century 21 North East | $169,900 | |
| Listed by Century 21 North East | |||
| | |||
|
***Buyer got disqualified*** Another chance to live at Colonial Village...Close to shopping, schools, and major routes, this bright condo is the best value on the market! Located minutes from “The Loop”, I213 (4 mi connector) to both I93 and I495 makes it a commuter’s dream. Shop local or one exit from tax-free New Hampshire.
| |||
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Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: First
Level: First
Level: First
Level: First
Full Bathrooms: 1
Appliances: Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Tile, Laminate, Hardwood
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Colonial Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: MB
Parcel Number: 2050071
Water Source: Public
Financial Details
Tax Assessed Value: $178,500
Tax Annual Amount: $2,180
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Central Air
Heating Type: Forced Air, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Laundry
Association Fee Frequency: Monthly
HOA Fee: $268
Community Features: Public Transportation, Shopping, Highway Access, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/13/2025
|
2 Bed
|
1 Bath
|
798 ft²
|
$284,900
2 Bed
1 Bath
798 ft²
|
$285,000
+0.04%
02/27/2025
|
Nick Motsis
Stone Ridge Properties, Inc.
| |
|
02/23/2024
|
2 Bed
|
1 Bath
|
854 ft²
|
$265,000
2 Bed
1 Bath
854 ft²
|
$270,000
+1.89%
04/03/2024
|
William McClory
Dream Seekers Realty, LLC
| |
|
11/09/2023
|
2 Bed
|
1 Bath
|
-
|
$265,000
2 Bed
1 Bath
|
-
-
|
William McClory
Dream Seekers Realty, LLC
| |
|
11/08/2023
|
2 Bed
|
1 Bath
|
798 ft²
|
$239,900
2 Bed
1 Bath
798 ft²
|
$240,000
+0.04%
12/13/2023
|
Vayia Makris
Century 21 North East
| |
|
10/29/2019
|
1 Bed
|
1 Bath
|
698 ft²
|
$138,000
1 Bed
1 Bath
698 ft²
|
$135,000
-2.17%
12/12/2019
|
Edward Mahoney
RE/MAX Main St. Associates
| |
|
02/03/2020
|
2 Bed
|
1 Bath
|
822 ft²
|
$159,000
2 Bed
1 Bath
822 ft²
|
$180,000
+13.21%
03/18/2020
|
Madison Pyburn
Coco, Early & Associates
| |
|
01/11/2019
|
2 Bed
|
1 Bath
|
798 ft²
|
$169,900
2 Bed
1 Bath
798 ft²
|
$166,900
-1.77%
03/06/2019
|
Vayia Makris
Century 21 North East
| |
|
05/14/2008
|
2 Bed
|
1 Bath
|
798 ft²
|
$124,900
2 Bed
1 Bath
798 ft²
|
$127,900
+2.40%
08/08/2008
|
Susan Tisbert
Susan J. Tisbert Realty
| |
|
03/17/2005
|
2 Bed
|
1 Bath
|
798 ft²
|
$155,000
2 Bed
1 Bath
798 ft²
|
$155,000
07/01/2005
|
Christina McGonagle
StreamLine Communities
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017