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Methuen Town 01844
5 Elm St
$80,000
● House - Off Market

5 Elm St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,453 Ft²
$312,512
RealtyHop Estimate
228.96%
Since Apr 1, 1999
National-US
Primary Model

About This Property

WEST METHUEN COLONIAL NEEDS YOUR PERSONAL TOUCH 4 BEDROOMS FORMAL DINING ROOM HUGE LIVING ROOM EAT IN KITCHEN GARAGE AND SHD CALL FOR DETAILS
Unit Size
1,453 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$65
Property Type
House
Property Taxes
$154
HOA Dues
-
Year Built
1930

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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: 4 years ago (MLSPIN #30229926)

Price History

Date / Event Date Event Price
Jun 2, 2000 Sold
Premium
Sold
Jan 5, 2000 Listed $134,900
Listed
Mar 4, 1999 Sold
Premium
Sold
Jun 4, 1998 Listed $95,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 840
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,217
  • Total Building Area: 1,460
  • Gross Building Area: 2,552
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREATVIEW CONDO
  • Land Acres: 0000000258
  • 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: RG

Geography

  • Account Number: 7934
  • Parcel: METH M:00616 B:00157 L:00012
  • Block: 157
  • Lot: 12
  • Municipality: METHUEN
  • Latitude: 42.705
  • Longitude: -71.1916

    Address

  • Full Address: 5 Elm St
  • Address - House Number: 5
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 4212
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $405,400

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 452,653
  • High Value: 537,510
  • Low Value: 367,797

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,500
  • Assessed Land Value: $156,700
  • Assessed Improvements Value: $189,800

    Sales

  • Current Sale Recording Date: Jun 02, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 72905
  • Previous Sale Recording Date: Mar 04, 1999
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 48
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

53

Average Home Size

2168 ft²

Average Home Age

56.3 years

Currently For Sale

66 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: 4 years ago
Data Source: MLS PIN, MLS# 30229926

Frequently Asked Questions

When was property at 5 Elm Street built and last sold?
The property at 5 Elm Street was built in 1930 and last sold on Jan 1, 1970 for $130,000.
How much is this home worth?
The estimated value of the home located at 5 Elm Street is $154,417.
What are some comparable homes to 5 Elm Street?
There are currently no comparable homes to 5 Elm Street.
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