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Methuen Town 01844
47 Lorenzo Circle
$635,000
● House - Off Market

47 Lorenzo Circle

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,800 Ft²
$639,430
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Located in a quiet neighborhood. This large split entry is set on a level corner lot. Plenty of bedrooms and full baths. Lots of storage area. Great for multigenerational households.  Great location, close to shopping, minutes from the Loop, close highway access to 495, tax free NH near by. Come add your finishing touches with some TLC and updating to make this your new home!
Unit Size
3,800 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$167
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1966

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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 #72955454)

Price History

Date / Event Date Event Price
May 13, 2022 Sold
Premium
Sold
Mar 21, 2022 Listed by Trinity Realty $634,490
Listed by Trinity Realty
Jun 18, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,907
  • 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: 3,712
  • Gross Building Area: 6,489
  • Building Area: 3,712
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,712
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBOR ACRES METHUEN
  • 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: 252501

Zoning

  • Zoning: RD

Geography

  • Account Number: 10842
  • Parcel: METH M:00914 B:00104 L:00003J
  • Block: 104
  • Lot: 3J
  • Municipality: METHUEN
  • Latitude: 42.7221
  • Longitude: -71.1482

    Address

  • Full Address: 47 Lorenzo Cir
  • Address - House Number: 47
  • Address - Street Name: Lorenzo
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5919
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $600,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 685,922
  • High Value: 803,374
  • Low Value: 568,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,500
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $345,500

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11490
  • Previous Sale Recording Date: Jun 18, 2010
  • Previous Sale Amount: $220,000
  • 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

$326

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 months ago
Data Source: MLS PIN, MLS# 72955454

Frequently Asked Questions

When was property at 47 Lorenzo Circle built and last sold?
The property at 47 Lorenzo Circle was built in 1966 and last sold on May 13, 2022 for $635,000.
How much is this home worth?
The estimated value of the home located at 47 Lorenzo Circle is $669,544.
What are some comparable homes to 47 Lorenzo Circle?
There are currently no comparable homes to 47 Lorenzo Circle.
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