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Methuen Town 01844
35 Elmore St
$610,000
● House - Off Market

35 Elmore St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,341 Ft²
$3,281
Est. Monthly

About This Property

This is the home of your families dreams, amazing center entrance with a fresh look.... Cooks kitchen with new appliances and Schuler cabinetry... Gleaming hardwood floors... Back deck for those morning coffees and lazy summer days.... Washer and dryer on first floor. Fireplace...  Finished basement for extended family or fantastic man cave... Attic for additional storage.... More closet space than you will ever need.... Vinyl exterior for easy maintenance.... Extra quiet side street neighborhood, but close access to highways...
Unit Size
2,341 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$252
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1987

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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: 5 months ago (MLSPIN #73236784)

Price History

Date / Event Date Event Price
Aug 2, 2024 Sold
Premium
Sold
Jun 26, 2024 In contract -
In contract
Jun 20, 2024 Price Decreased $589,900
↓ $10K (1.7%)
Price Decreased
Jun 5, 2024 Price Increased $599,900
↑ $10K (1.7%)
Price Increased
May 13, 2024 Listed by The Guselli Agency, Inc. $589,900
Listed by The Guselli Agency, Inc.
Show More

Property Highlights

Parking Available
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,232
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,149
  • Total Building Area: 2,341
  • Gross Building Area: 2,584
  • Building Area: 2,341
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,341
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 8677
  • Parcel: METH M:01109 B:00110A L:00057
  • Block: 110A
  • Lot: 57
  • Municipality: METHUEN
  • Latitude: 42.7452
  • Longitude: -71.1291

    Address

  • Full Address: 35 Elmore St
  • Address - House Number: 35
  • Address - Street Name: Elmore
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C031
  • 4-Digit Zip Code: 5867
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $434,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 547,280
  • High Value: 629,364
  • Low Value: 465,196

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,400
  • Assessed Land Value: $165,900
  • Assessed Improvements Value: $205,500

    Sales

  • Current Sale Contract Date: Mar 29, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4573
  • Previous Sale Recording Date: Aug 28, 1987
  • Previous Sale Amount: $146,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

55.2 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73236784

Frequently Asked Questions

When was property at 35 Elmore Street built and last sold?
The property at 35 Elmore Street was built in 1987 and last sold on Mar 29, 2024 for $235,000.
How much is this home worth?
The estimated value of the home located at 35 Elmore Street is $604,656.
What are some comparable homes to 35 Elmore Street?
There are currently no comparable homes to 35 Elmore Street.
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