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Methuen Town 01844
85 Elm St.
$304,000
● House - Off Market

85 Elm St.

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,148 Ft²
$571,264
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Large and inviting 4 bedroom Cape in very good condition offering updated kitchen and baths (first floor), dining room, living room with fireplace and two large bedrooms on the second floor. Also features an enormous finished family room in the basement with a full bathroom, updated 200 amp electrical service, fenced-in yard, above ground pool and a 2 car garage all with easy access to US 93 and Routes 110 & 113.
Unit Size
2,148 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$147
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #71793086)

Price History

Date / Event Date Event Price
Apr 27, 2015 Sold
Premium
Sold
Feb 17, 2015 Listed by Coco,Early & Associates Star Division LLC $316,000
Listed by Coco,Early & Associates Star Division LLC
Oct 18, 2011 Sold
Premium
Sold
May 1, 2011 Listed by Coco,Early & Associates Star Division LLC $199,900
Listed by Coco,Early & Associates Star Division LLC
Dec 1, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,432
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,649
  • Total Building Area: 2,148
  • Gross Building Area: 4,532
  • Building Area: 2,148
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,148
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SARAH BEARDSLEY
  • Land Acres: 0000000222
  • 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: 14733
  • Parcel: METH M:00616 B:00150 L:00069
  • Block: 150
  • Lot: 69
  • Municipality: METHUEN
  • Latitude: 42.7124
  • Longitude: -71.1964

    Address

  • Full Address: 85 Elm St
  • Address - House Number: 85
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C036
  • 4-Digit Zip Code: 3513
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $471,900

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 552,208
  • High Value: 652,594
  • Low Value: 451,823

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,300
  • Assessed Land Value: $153,200
  • Assessed Improvements Value: $250,100

    Sales

  • Current Sale Recording Date: Apr 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9317
  • Previous Sale Recording Date: Oct 18, 2011
  • Previous Sale Amount: $215,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71793086

Frequently Asked Questions

When was property at 85 Elm Street built and last sold?
The property at 85 Elm Street was built in 1950 and last sold on Jan 1, 1970 for $304,000.
How much is this home worth?
The estimated value of the home located at 85 Elm Street is $333,723.
What are some comparable homes to 85 Elm Street?
There are currently no comparable homes to 85 Elm Street.
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