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Methuen Town 01844
71 Elm St
Photo of 71 Elm St
Sold on Sep 3, 2010

1

Map

$215,000
● House - Off Market

71 Elm St

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,508 Ft²
$466,667
RealtyHop Estimate
117.05%
Since Oct 1, 2010
National-US
Primary Model

About This Property

Don't miss this absolutely charming home with fantastic curb appeal ----and lots of potential!  The living room beckons you to relax by the fire, or during warmer months move outdoors to your screened porch, large rear deck or in-ground pool.  Roof 2009, chimney re-pointed 2010 and walk up attic.  Rear of home requires work to replace/repair siding & wood rot.
Unit Size
1,508 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$143
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1900

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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: 2 years ago (MLSPIN #71088268)

Price History

Date / Event Date Event Price
Sep 3, 2010 Sold
Premium
Sold
Jun 1, 2010 Listed $215,000
Listed
Feb 2, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 754
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,938
  • Total Building Area: 2,972
  • Gross Building Area: 5,902
  • Building Area: 2,972
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,972
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENNETH R HYDE & JACQUELINE HW
  • Land Acres: 0000000412
  • 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: 252300

Zoning

  • Zoning: RD

Geography

  • Account Number: 10216
  • Parcel: METH M:00616 B:00150 L:00073
  • Block: 150
  • Lot: 73
  • Municipality: METHUEN
  • Latitude: 42.711
  • Longitude: -71.1951

    Address

  • Full Address: 71 Elm St
  • Address - House Number: 71
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3509
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $582,800

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 624,082
  • High Value: 741,075
  • Low Value: 507,089

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,100
  • Assessed Land Value: $171,500
  • Assessed Improvements Value: $326,600

    Sales

  • Current Sale Recording Date: Sep 03, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 23050
  • Previous Sale Recording Date: Feb 02, 1988
  • Previous Sale Amount: $160,000
  • 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

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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: 2 years ago
Data Source: MLS PIN, MLS# 71088268

Frequently Asked Questions

When was property at 71 Elm Street built and last sold?
The property at 71 Elm Street was built in 1900 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 71 Elm Street is $0.
What are some comparable homes to 71 Elm Street?
There are currently no comparable homes to 71 Elm Street.
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