See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

121 Elm St, Methuen, MA, 01844

3beds
1baths
2,077sqft
$550,000
$265price/sqft
$3,825/moest. monthly cost
$153,000/yrincome needed

About This Home

Welcome to 121 Elm Street, a charming 1949 Cape offering 3 bedrooms, 1 bath, and 2,077 sq. ft. of living space on a generous 0.24-acre lot. Filled with classic character, the home features hardwood floors, a full basement ready for your finishing touches, and a detached garage that provides additional storage or workshop space.Step outside to enjoy the expansive backyard—perfect for gardening, entertaining, summer cookouts, or simply relaxing in your own private outdoor retreat. With plenty of room to create the outdoor space you've always wanted, the possibilities are endless.Conveniently located with easy access to Route 213, I-93, and I-495, this home offers an easy commute to Boston while placing shopping, dining, parks, schools, and everyday amenities just minutes away. MBTA Commuter Rail service on the Haverhill Line also provides a convenient car-free commuting option.With efficient gas forced hot water heat, timeless Cape-style charm, and incredible potential to personalize and update, this home is a wonderful opportunity for first-time buyers, downsizers, or anyone looking to enjoy the perfect blend of space, convenience, and value. Schedule your private showing today! Offer Deadline 08/12 @10am

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

4/10
Tenney Grammar SchoolGrades K-81.5 mi
3/10
Methuen High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1949

Materials

  • Foundation: Stone,Brick/Mortar,Other
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Concrete

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Concrete,Hardwood
  • Finished area above ground: 2,077

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,077
  • Total interior livable area: 2,077 sqft

Property

Details

  • Parcel number: M:00616 B:00150 L:00059,2041609
  • Zoning: RD

Lot

  • Lot size: 9,901 sqft

Parking

  • Total spaces: 6
  • Parking features: Detached,Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Earthquake
Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$164$1,968
Property Taxes $471$5,652
Electricity $409$4,914
Total$3,825$45,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,142/yr
40% on housing$114,750/yr
45% on housing$102,000/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 01844$292
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01844$338
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$550,000
2026-08-03Listed for sale$550,000
2006-07-24Sold$73,000

For Sale by Agent

AgentDorothy Mills
BrokerageColdwell Banker Realty

Similar Homes