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Methuen Town 01844
39 Elm St
$170,000
● House - Off Market

39 Elm St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,707 Ft²
$360,439
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Property is listed post-foreclosure. Caution should be exercised by brokers & buyers during entry & inspection of the premises. Sold as is.  All offers are contingent upon receipt of a fully executed and mutually acceptable Purchase & Sale agreement & all sellers' addendums. The acceptance of good faith monies in escrow without an executed contract does not bind the seller. Buyer is responsible to verify all information since it was obtained from a 3rd party.  Commission paid on net sales price.
Unit Size
1,707 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$102
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1950

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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: 4 years ago (MLSPIN #70894164)

Price History

Date / Event Date Event Price
Jun 3, 2009 Sold
Premium
Sold
Mar 27, 2009 Listed by RE/MAX Partners $174,900
Listed by RE/MAX Partners
Feb 25, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 9
  • Basement Area: 1,078
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,731
  • Gross Building Area: 4,194
  • Building Area: 2,731
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,731
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 252101

Zoning

  • Zoning: RD

Geography

  • Account Number: 13361
  • Parcel: METH M:00616 B:00156 L:00008
  • Block: 156
  • Lot: 8
  • Municipality: METHUEN
  • Latitude: 42.7082
  • Longitude: -71.1933

    Address

  • Full Address: 39 Elm St
  • Address - House Number: 39
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 4246
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,500

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 530,391
  • High Value: 629,820
  • Low Value: 430,962

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,300
  • Assessed Land Value: $154,000
  • Assessed Improvements Value: $247,300

    Sales

  • Current Sale Recording Date: Jun 03, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15302
  • Previous Sale Recording Date: Feb 25, 2009
  • Previous Sale Amount: $180,675
  • Previous Sale Document Type: 34
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

54.7 years

Currently For Sale

73 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70894164

Frequently Asked Questions

When was property at 39 Elm Street built and last sold?
The property at 39 Elm Street was built in 1950 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 39 Elm Street is $194,271.
What are some comparable homes to 39 Elm Street?
There are currently no comparable homes to 39 Elm Street.
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