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Methuen Town 01844
233 Pelham Street
Photo of 233 Pelham Street
Sold on Sep 29, 2006

1

Map

$328,500
● House - Off Market

233 Pelham Street

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,568 Ft²
$565,300
RealtyHop Estimate
68.80%
Since Oct 1, 2006
National-US
Primary Model

About This Property

Marsh School District.  Delightful Cape with updated kitchen, fireplaces in living room and unfinished basement.  3 season room off kitchen.  Back yard has an 18x36 inground pool, a regulation horseshoe pit and a fire pit for cookouts.  Home Warranty offerred.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$214
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1974

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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: 4 months ago (MLSPIN #70433170)

Price History

Date / Event Date Event Price
Sep 29, 2006 Sold
Premium
Sold
Aug 1, 2006 Listed $334,900
Listed
Apr 8, 2003 Sold
Premium
Sold
Feb 18, 2003 Listed $284,900
Listed
Jun 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,242
  • Total Building Area: 2,016
  • Gross Building Area: 3,498
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METHUEN
  • Land Acres: 0000000465
  • 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: 252202

Zoning

  • Zoning: RB

Geography

  • Account Number: 12155
  • Parcel: METH M:00412 B:00126A L:0069AA
  • Block: 126A
  • Lot: 69AA
  • Municipality: METHUEN
  • Latitude: 42.7292
  • Longitude: -71.2203

    Address

  • Full Address: 233 Pelham St
  • Address - House Number: 233
  • Address - Street Name: Pelham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1452
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $521,800

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 596,403
  • High Value: 701,444
  • Low Value: 491,361

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,000
  • Assessed Land Value: $176,500
  • Assessed Improvements Value: $269,500

    Sales

  • Current Sale Recording Date: Sep 29, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33355
  • Previous Sale Recording Date: Apr 08, 2003
  • Previous Sale Amount: $283,900
  • Previous Sale Document Type: 27
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

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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: 4 months ago
Data Source: MLS PIN, MLS# 70433170

Frequently Asked Questions

When was property at 233 Pelham Street built and last sold?
The property at 233 Pelham Street was built in 1974 and last sold on Jan 1, 1970 for $328,500.
How much is this home worth?
The estimated value of the home located at 233 Pelham Street is $347,423.
What are some comparable homes to 233 Pelham Street?
There are currently no comparable homes to 233 Pelham Street.
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