272 Pelham St
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Listed by Jill & Co. Realty Group | $544,900 | |
| Listed by Jill & Co. Realty Group | |||
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Welcome to 272 Pelham Street, a delightful single-family home that combines charm, comfort, and convenience in the heart of Methuen. This sun-filled home features 2 bedrooms, 1 full bath on the main level, plus tons of bonus space in the basement! The bright living room flows into a charming and recently updated kitchen, while hardwood floors and thoughtful details add warmth throughout. The spacious primary bedroom offers a true retreat with plenty of room to unwind.Step outside and enjoy a serene backyard oasis, perfect for morning coffee, gardening, or hosting summer gatherings. Set in a desirable neighborhood near Marsh Grammar School, this location offers a strong community feel while keeping you close to shopping, dining, and major commuter routes.Whether you’re looking for your first home, downsizing, or simply want to enjoy the best of Methuen living, 272 Pelham Street is ready to welcome you home.
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| Jun 30, 2005 | Sold | ||
| Sold | |||
| Jun 2, 2005 | Listed by Northpoint Realty, Inc. | $259,900 | |
| Listed by Northpoint Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017