$285,000
●
Condo -
Off Market
23 Pilgrim Cir #D
Methuen, MA 01844
2 Beds
1 Bath
798 Ft²
$1,869
Est. Monthly
$247
HOA / Fees
7.71%
Cap Rate
About This Property
This MINT CONDITION garden style condo at Colonial Village has been
owner occupied, and well maintained, for 21 years! This
turn-key property is an ideal choice for any 1st time buyer, or
savvy investor. The renovated kitchen features modern
appliances, laminate flooring, and oak cabinetry. The full
bath is also modern and stylish. The central air conditioning
was replaced approximately 6 years ago. This pet friendly
unit comes with 1 assigned parking space. Colonial Village is
conveniently located close to both Rt 495 and 93, and offers plenty
of dining, shopping, and recreation nearby at The Loop, and Tuscan
Village. This is a no-brainer choice at this price!
Unit Size
798 Ft²
Days on Market
-
Land Size
-
Price per sqft
$357
Property Type
Condo
Property Taxes
$223
HOA Dues
$247
Year Built
-
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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: 2 years ago (MLSPIN #73325624)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 27, 2025 | In contract | - | |
| In contract | |||
| Jan 19, 2025 | In contract | - | |
| In contract | |||
| Jan 13, 2025 | Listed by Century 21 McLennan & Company | $284,900 | |
| Listed by Century 21 McLennan & Company | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Width: 9.5
Length: 10
Area: 95
Width: 10
Area: 150
Length: 15
Level: First
Length: 16
Area: 208
Width: 13
Length: 14
Width: 12.5
Area: 175
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Tile, Carpet, Laminate
Laundry Features: In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 2
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
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 2050070
Water Source: Public
Financial Details
Tax Assessed Value: $253,000
Tax Annual Amount: $2,676
Utilities Details
Utilities: for Electric Range
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, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $247
Community Features: Public Transportation, Shopping, Golf, Medical Facility, Highway Access, Public School
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site
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