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Methuen Town 01844
27 Clementi Lane
$244,500
● House - Off Market

27 Clementi Lane

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,348 Ft²
$825,070
RealtyHop Estimate
236.08%
Since Dec 1, 1998
National-US
Primary Model

About This Property

YOUNG COLONIAL FEATURING LOT OF NEW,LOTS OF SPACE&LOTS OF EXTRAS.LR KIT WITH NEW APPL,FP FR,FORMAL LR & DR.3 FULL BA. 1ST FL LNDRY.FIN.TEEN RETREAT/OFFICE IN BSMNT.C/A,C/V, SECURITY SYSTEM,UNDRGRND SPRINKLERS & MUCH MORE.
Unit Size
2,348 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$105
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 years ago (MLSPIN #30234134)

Price History

Date / Event Date Event Price
Nov 30, 1998 Sold
Premium
Sold
Jun 19, 1998 Listed by RE/MAX Preferred, Inc. $245,500
Listed by RE/MAX Preferred, Inc.

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 1,376
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,641
  • Total Building Area: 2,934
  • Gross Building Area: 5,416
  • Building Area: 2,934
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,934
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000497
  • 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: 2739
  • Parcel: METH M:01210 B:00110G L:00013
  • Block: 110G
  • Lot: 13
  • Municipality: METHUEN
  • Latitude: 42.7382
  • Longitude: -71.1222

    Address

  • Full Address: 27 Clementi Ln
  • Address - House Number: 27
  • 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: $625,200

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 715,954
  • High Value: 836,474
  • Low Value: 595,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $534,400
  • Assessed Land Value: $187,800
  • Assessed Improvements Value: $346,600

    Sales

  • Current Sale Recording Date: Nov 30, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 13012
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: 4 years ago
Data Source: MLS PIN, MLS# 30234134

Frequently Asked Questions

When was property at 27 Clementi Lane built and last sold?
The property at 27 Clementi Lane was built in 1988 and last sold on Jan 1, 1970 for $244,500.
How much is this home worth?
The estimated value of the home located at 27 Clementi Lane is $0.
What are some comparable homes to 27 Clementi Lane?
There are currently no comparable homes to 27 Clementi Lane.
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