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Methuen Town 01844
237 Pelham Street
Photo of 237 Pelham Street
Sold on Oct 26, 2007

1

Map

$360,000
● House - Off Market

237 Pelham Street

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,362 Ft²
$656,068
RealtyHop Estimate
77.36%
Since Nov 1, 2007
National-US
Primary Model

About This Property

Grand 1915 Home with 2007 amenities! Incredible workmanship, HW flooring in immaculate condition, grand entrance foyer, 9 ft ceilings throughout. Full wrap-around porch. Heating system, main bathroom and roof all NEW! Huge laundry rm on 1st floor w/washer-dryer. Marsh school district.  Over 1.25 acres! Detached 2 car garage. Shows like a true "New England" old style home.
Unit Size
2,362 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$157
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1915

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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 #70608633)

Price History

Date / Event Date Event Price
Oct 26, 2007 Sold
Premium
Sold
Jul 2, 2007 Listed $369,900
Listed
Oct 31, 2002 Sold
Premium
Sold
Sep 26, 2002 Listed $327,700
Listed
Sep 2, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,160
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 2,362
  • Gross Building Area: 4,701
  • Building Area: 2,362
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,362
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 7399
  • Land Acres: 0000001250
  • 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: 1741
  • Parcel: METH M:00412 B:00126A L:00068
  • Block: 126A
  • Lot: 68
  • Municipality: METHUEN
  • Latitude: 42.729
  • Longitude: -71.2213

    Address

  • Full Address: 237 Pelham St
  • Address - House Number: 237
  • 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: $603,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 653,079
  • High Value: 756,236
  • Low Value: 549,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $516,000
  • Assessed Land Value: $228,700
  • Assessed Improvements Value: $287,300

    Sales

  • Current Sale Recording Date: Oct 26, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 31289
  • Previous Sale Recording Date: Oct 31, 2002
  • Previous Sale Amount: $327,000
  • 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

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

56.4 years

Currently For Sale

74 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# 70608633

Frequently Asked Questions

When was property at 237 Pelham Street built and last sold?
The property at 237 Pelham Street was built in 1915 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 237 Pelham Street is $391,759.
What are some comparable homes to 237 Pelham Street?
There are currently no comparable homes to 237 Pelham Street.
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