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Methuen Town 01844
12 Clementi Ln
$348,000
● House - Off Market

12 Clementi Ln

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,272 Ft²
$680,393
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

OPEN HOUSE AUGUST 17th 11:00 - 1:00 ~ Beautiful move in ready home! 12 Clementi Lane is great house in a desirable, family friendly neighborhood of Methuen with convenient access to Rt. 495 in the CGS School District. Recent improvements include an updated kitchen with granite counters and stainless appliances, a partially finished basement, new second floor carpeting, new roof and new paint inside and out. The house also boasts crown molding, central air conditioning, a sprinkler system, and a security system. This house is a traditional colonial with an attached, two-car garage and a large deck off the kitchen. It has three generously sized bedrooms. The master bedroom has a vaulted ceiling and a huge walk-in closet. Don't miss out, this listing won't last!
Unit Size
2,272 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$161
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1991

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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 #71726034)

Price History

Date / Event Date Event Price
Oct 30, 2014 Sold
Premium
Sold
Aug 7, 2014 Listed by Independent Realty $364,999
Listed by Independent Realty
Jan 17, 2003 Sold
Premium
Sold
Sep 30, 2002 Listed by Independent Realty $369,900
Listed by Independent Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • 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: 2,890
  • Gross Building Area: 5,132
  • Building Area: 2,890
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,890
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 8013
  • Parcel: METH M:01210 B:00110G L:00041
  • Block: 110G
  • Lot: 41
  • Municipality: METHUEN
  • Latitude: 42.7397
  • Longitude: -71.1234

    Address

  • Full Address: 12 Clementi Ln
  • Address - House Number: 12
  • Address - Street Name: Clementi
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Methuen
  • Carrier Code: C044
  • 4-Digit Zip Code: 6479
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $605,400

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 656,313
  • High Value: 758,614
  • Low Value: 554,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,400
  • Assessed Land Value: $161,000
  • Assessed Improvements Value: $356,400

    Sales

  • Current Sale Recording Date: Oct 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24563
  • Previous Sale Recording Date: Jan 17, 2003
  • Previous Sale Amount: $360,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71726034

Frequently Asked Questions

When was property at 12 Clementi Lane built and last sold?
The property at 12 Clementi Lane was built in 1991 and last sold on Jan 1, 1970 for $348,000.
How much is this home worth?
The estimated value of the home located at 12 Clementi Lane is $391,463.
What are some comparable homes to 12 Clementi Lane?
There are currently no comparable homes to 12 Clementi Lane.
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