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Methuen Town 01844
11 Clementi Lane
Photo of 11 Clementi Lane
Sold on Aug 30, 2006

1

Map

$400,000
● House - Off Market

11 Clementi Lane

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,770 Ft²
$708,199
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Fantastic list price for this contemporary home w/beautiful Anderson windows, vinyl siding,new roof, C/Air,C/Vac,security system,irrigation system, fireplaced family rm w/cathedral ceiling, kitchen w/skylights & exterior deck w/great views. 1st floor master w/private bath & balcony. Huge unfinished LL has great In-law potential that features 2nd fieldstone fireplace, extra room for a 4th bedroom, double sliders to patio,plumbing for future full bath & hot tub.Outdoor shed has electricity.
Unit Size
2,770 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$152
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1990

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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: 5 months ago (MLSPIN #70301677)

Price History

Date / Event Date Event Price
Aug 30, 2006 Sold
Premium
Sold
Dec 4, 2005 Listed $419,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,526
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,844
  • Gross Building Area: 5,791
  • Building Area: 2,844
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,844
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN CLEMENTI L
  • Land Acres: 0000000230
  • 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: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 1488
  • Parcel: METH M:01210 B:00110G L:00006
  • Block: 110G
  • Lot: 6
  • Municipality: METHUEN
  • Latitude: 42.7396
  • Longitude: -71.124

    Address

  • Full Address: 11 Clementi Ln
  • Address - House Number: 11
  • Address - Street Name: Clementi
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C044
  • 4-Digit Zip Code: 6480
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594,900

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 710,228
  • High Value: 831,842
  • Low Value: 588,614

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $508,500
  • Assessed Land Value: $161,000
  • Assessed Improvements Value: $347,500

    Sales

  • Current Sale Recording Date: Aug 30, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29610
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

2192 ft²

Average Home Age

54.9 years

Currently For Sale

77 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: 5 months ago
Data Source: MLS PIN, MLS# 70301677

Frequently Asked Questions

When was property at 11 Clementi Lane built and last sold?
The property at 11 Clementi Lane was built in 1990 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 11 Clementi Lane is $448,037.
What are some comparable homes to 11 Clementi Lane?
There are currently no comparable homes to 11 Clementi Lane.
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