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Methuen Town 01844
22 Derry Rd
Photo of 22 Derry Rd
Sold on Dec 4, 2025

38

Map

Photo of 22 Derry Rd
Photo of 22 Derry Rd
$585,000
● House - Off Market

22 Derry Rd

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,371 Ft²
$3,379
Est. Monthly
5.64%
Cap Rate

About This Property

One level living in this wonderful 3 bedroom 1.5 bath ranch. Enter in the large family room with woodstove and access to rear deck and level private back yard, proceed into the huge kitchen opened to dining area perfect for the chef in the family, loads of cabinets and granite countertop.   Light and bright formal living room with wood floors  perfect for entertaining.  Down the hall you will find 3 good sized bedrooms the primary with tile floor and other 2 with wood floors.  Need more room the lower level has play room and half bath as well a massive storage area. Enjoy the unbelievable garden and fruit trees from your screened porch in private back yard. 1 car garage and shed for storage.   Close to major highways, restaurants and shopping this one is ready for you to call it home.
Unit Size
2,371 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$253
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1968

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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: 10 months ago (MLSPIN #73438078)

Price History

Date / Event Date Event Price
Dec 4, 2025 Sold
Premium
Sold
Oct 31, 2025 In contract -
In contract
Oct 9, 2025 Price Decreased $599,900
↓ $10K (1.6%)
Price Decreased
Oct 1, 2025 Listed by Keller Williams Realty $609,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,208
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,700
  • Total Building Area: 2,371
  • Gross Building Area: 3,629
  • Building Area: 2,371
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,371
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000269
  • 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: 1906
  • Parcel: METH M:01111 B:00108 L:00259
  • Block: 108
  • Lot: 259
  • Municipality: METHUEN
  • Latitude: 42.7364
  • Longitude: -71.1356

    Address

  • Full Address: 22 Derry Rd
  • Address - House Number: 22
  • Address - Street Name: Derry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 5606
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $486,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 572,478
  • High Value: 662,904
  • Low Value: 482,053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $415,800
  • Assessed Land Value: $172,100
  • Assessed Improvements Value: $243,700
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

52

Average Home Size

2195 ft²

Average Home Age

55.4 years

Currently For Sale

69 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: 10 months ago
Data Source: MLS PIN, MLS# 73438078

Frequently Asked Questions

When was property at 22 Derry Road built and last sold?
The property at 22 Derry Road was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 22 Derry Road is $0.
What are some comparable homes to 22 Derry Road?
There are currently no comparable homes to 22 Derry Road.
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