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Methuen Town 01844
42 Elmore St
$350,000
● House - Off Market

42 Elmore St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,632 Ft²
$533,873
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Welcome to your beautiful new home! Come inside to enjoy a meal in your bright and airy eat in kitchen! The kitchen opens up into a formal dining room. Get a fire going in your cozy living room fireplace and throw a game on the tv! The first floor hall houses a half bath and coat closet as well as new carpet on the landing and stairs! Head on upstairs to your big and bright master bedroom with two closets and a shared full bathroom that can be accessed from the master bedroom or the hall! Head down the hall to find your other two bedrooms, one with brand new carpet, one with hardwood! The possibilities in this home are endless, don't miss out!
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$224
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1997

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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: 6 months ago (MLSPIN #72577240)

Price History

Date / Event Date Event Price
Dec 19, 2019 Sold
Premium
Sold
Oct 9, 2019 Listed by LAER Realty Partners $365,000
Listed by LAER Realty Partners
Jan 16, 1998 Sold
Premium
Sold
Jul 23, 1997 Listed by Century 21 McLennan & Company $149,900
Listed by Century 21 McLennan & Company
TERRIFIC OPPORTUNITY - NEW CONSTRUCTION - SPLIT GAMBREL WITH THREE BEDROOMS, 1.5 BATHS, CGS DISTRICT - FAMILY NEIGHBORHOOD.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 789
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,302
  • Total Building Area: 1,632
  • Gross Building Area: 2,501
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • 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: 11290
  • Parcel: METH M:01111 B:00110A L:00043A
  • Block: 110A
  • Lot: 43A
  • Municipality: METHUEN
  • Latitude: 42.7445
  • Longitude: -71.1284

    Address

  • Full Address: 42 Elmore St
  • Address - House Number: 42
  • Address - Street Name: Elmore
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C031
  • 4-Digit Zip Code: 5816
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,200

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 516,438
  • High Value: 610,321
  • Low Value: 422,556

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416,400
  • Assessed Land Value: $145,500
  • Assessed Improvements Value: $270,900

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Dec 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32343
  • Previous Sale Recording Date: Feb 11, 2015
  • 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

$328

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2194 ft²

Average Home Age

55.5 years

Currently For Sale

71 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: 6 months ago
Data Source: MLS PIN, MLS# 72577240

Frequently Asked Questions

When was property at 42 Elmore Street built and last sold?
The property at 42 Elmore Street was built in 1997 and last sold on Dec 18, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 42 Elmore Street is $376,291.
What are some comparable homes to 42 Elmore Street?
There are currently no comparable homes to 42 Elmore Street.
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