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Methuen Town 01844
56 Cornelie Road
Photo of 56 Cornelie Road
Sold on Jun 10, 2026

38

Map

Photo of 56 Cornelie Road
Photo of 56 Cornelie Road
$920,000
● House - Off Market

56 Cornelie Road

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,674 Ft²
$5,322
Est. Monthly

About This Property

Beautifully maintained 2021 Colonial set on a private .58-acre lot in Methuen. This 3-bedroom, 2.5-bath home offers a bright, open-concept layout with hardwood floors and abundant natural light throughout. The modern kitchen features granite countertops, stainless steel appliances, and ample cabinetry, flowing seamlessly into the dining and living areas-ideal for everyday living and entertaining. Upstairs, the spacious primary suite includes a walk-in closet and en-suite bath, along with two additional bedrooms and a full bath. Additional highlights include central air, gas heat, a 2-car garage, and a large unfinished basement offering expansion potential. Enjoy outdoor living on the rear deck overlooking a generous backyard. Conveniently located near highways, shopping, and local amenities.
Unit Size
2,674 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$349
Property Type
House
Property Taxes
$735
HOA Dues
-
Year Built
2021

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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: 3 months ago (MLSPIN #73503928)

Price History

Date / Event Date Event Price
Jun 10, 2026 Sold
Premium
Sold
May 3, 2026 In contract -
In contract
Apr 28, 2026 Price Decreased $934,000
↓ $900 (0.1%)
Price Decreased
Apr 18, 2026 Listed by Home Shop Properties, Inc. $934,900
Listed by Home Shop Properties, Inc.
May 10, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,305
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,456
  • Total Building Area: 2,274
  • Gross Building Area: 4,668
  • Building Area: 2,274
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,274
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000584
  • 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: 252603

Zoning

  • Zoning: RA

Geography

  • Account Number: 1140
  • Parcel: METH M:00812 B:00068A L:00001
  • Block: 68A
  • Lot: 1
  • Municipality: METHUEN
  • Latitude: 42.7427
  • Longitude: -71.1722

    Address

  • Full Address: 56 Cornelie Rd
  • Address - House Number: 56
  • Address - Street Name: Cornelie
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C038
  • 4-Digit Zip Code: 2538
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $797,000

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 767,776
  • High Value: 829,128
  • Low Value: 706,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $681,200
  • Assessed Land Value: $196,500
  • Assessed Improvements Value: $484,700

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11147
  • Previous Sale Recording Date: Nov 20, 2020
  • Previous Sale Contract Date: Nov 20, 2020
  • Previous Sale Amount: $167,500
  • Previous Sale Document Type: O
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

2191 ft²

Average Home Age

55.3 years

Currently For Sale

76 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: 3 months ago
Data Source: MLS PIN, MLS# 73503928

Frequently Asked Questions

When was property at 56 Cornelie Road built and last sold?
The property at 56 Cornelie Road was built in 2021 and last sold on May 9, 2022 for $764,900.
How much is this home worth?
The estimated value of the home located at 56 Cornelie Road is $938,333.
What are some comparable homes to 56 Cornelie Road?
There are currently no comparable homes to 56 Cornelie Road.
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