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Methuen Town 01844
42 Perley Street
Photo of 42 Perley Street

16

Map

Photo of 42 Perley Street
Photo of 42 Perley Street
$449,900
● House - In Contract

42 Perley Street

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$2,608
Est. Monthly

About This Property

Showtime special! Paradise found! Peaceful corner lot at dead end street overlooking meadow !Sought after Marsh School District! Open floor plan and sunny and bright home. Dining room,open kitchen to living room, convenient mudroom and laundry room.Beamed ceiling, molding, some hardwood add character.A deck is perfect for enjoying the outdoors.The possibilities are endless for creating an outdoor oasis.One floor living from starter home to downsizing  for freestyle  living! One family has celebrated many occasions and it's time to make it your own! Spacious flat lot! Minutes to Rte 93! Schedule showings on Showing Time!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$433
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1942

Listed By

Joanne Pazzanese
RE/MAX Main St. Associates

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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: 9 months ago (MLSPIN #73465610)

Price History

Date / Event Date Event Price
Jan 30, 2026 In contract -
In contract
Jan 26, 2026 Listed by Diamond Key Real Estate $449,900
Listed by Diamond Key Real Estate

Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Open Parking Spaces: 6
Interior Details
Full Bathrooms: 1
Interior Features: Mud Room
Appliances: Gas Water Heater, Range, Microwave, Refrigerator
Flooring Type: Carpet, Hardwood
Laundry Features: Flooring - Laminate, First Floor
Rooms: 5
Basement: Full
Exterior Details
Square Footage: 1040
Architectural Style: Ranch
Year Built Source: Public Records
Year Built: 1942
Building Area Total: 1040
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lot Features: Corner Lot
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12001
Water Source: Public
Financial Details
Tax Assessed Value: $459,500
Tax Annual Amount: $4,779
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 860
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,014
  • Gross Building Area: 2,170
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: 252201

Zoning

  • Zoning: RD

Geography

  • Account Number: 1159
  • Parcel: METH M:00412 B:00132 L:00052
  • Block: 132
  • Lot: 52
  • Municipality: METHUEN
  • Latitude: 42.7263
  • Longitude: -71.2147

    Address

  • Full Address: 42 Perley St
  • Address - House Number: 42
  • Address - Street Name: Perley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C037
  • 4-Digit Zip Code: 1429
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $417,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 441,631
  • High Value: 511,389
  • Low Value: 371,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,000
  • Assessed Land Value: $172,800
  • Assessed Improvements Value: $184,200
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

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: 9 months ago
Data Source: MLS PIN, MLS# 73465610

Frequently Asked Questions

When was property at 42 Perley Street built and last sold?
The property at 42 Perley Street was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 42 Perley Street is $450,394.
What are some comparable homes to 42 Perley Street?
There are currently no comparable homes to 42 Perley Street.
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