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Methuen Town 01844
64 Elm St
$435,000
● House - Off Market

64 Elm St

Methuen, MA 01844
bedrooms
2 Beds
bathrooms
1 Bath
square feet
999 Ft²
$2,300
Est. Monthly

About This Property

Starting out - Downsizing - Looking for one floor living?  Look no further this is the home for you.  Enter into your mudroom with an abundance of cabinetry. A bright and spacious eat-in-kitchen has been thoughtfully updated.  The formal dining room w/hw flooring flows into a living room w/hw flooring making it the perfect place to gather. Two good sized bedrooms w/hw and a bathroom w/washer and dryer hookup round out this lovingly cared for home.  The full basement offers room for the potential of expansion or great storage space.  This home is situated on a fenced in oversized corner lot.  A commuters dream being minutes from Routes 93, 495 and tax free shopping in New Hampshire. Move in ready. Just unpack your bags and let the holiday celebrations begin!
Unit Size
999 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$400
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1951

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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 months ago (MLSPIN #73178381)

Price History

Date / Event Date Event Price
Dec 18, 2023 Sold
Premium
Sold
Nov 15, 2023 In contract -
In contract
Nov 8, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $399,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 18
  • 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: 999
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 999
  • Gross Building Area: 2,435
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 7813
  • Parcel: METH M:00616 B:00151 L:00156B
  • Block: 151
  • Lot: 156B
  • Municipality: METHUEN
  • Latitude: 42.7101
  • Longitude: -71.1951

    Address

  • Full Address: 64 Elm St
  • Address - House Number: 64
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3514
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 434,250
  • High Value: 512,304
  • Low Value: 356,196

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,300
  • Assessed Land Value: $159,500
  • Assessed Improvements Value: $184,800

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20825
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

$325

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73178381

Frequently Asked Questions

When was property at 64 Elm Street built and last sold?
The property at 64 Elm Street was built in 1951 and last sold on Dec 18, 2023 for $435,000.
How much is this home worth?
The estimated value of the home located at 64 Elm Street is $406,074.
What are some comparable homes to 64 Elm Street?
There are currently no comparable homes to 64 Elm Street.
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