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Methuen Town 01844
59 Lorenzo Cir
$355,000
● House - Off Market

59 Lorenzo Cir

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,568 Ft²
$580,172
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Seriously...you do not want to miss this one.  Awesome location.  Awesome neighborhood, longtime owners have been putting so much loving care into this house, now it can be YOURS.  Enjoy new, months old composite/vinyl decks, one deck leads to light bright FAM room with skylights and walls of windows, and gleaming hardwood flooring.  The other side deck walks right into open kitchen with beautiful tile flooring.  3 spacious bdrm on first floor with glossy hardwoods.  Walk down to finished basement to see more spaces and storage room.  Additionally, there are 2 more bedrooms in basement and bathroom and laundry room.   2 zone heating for your comfort.  Make an offer now...
Unit Size
2,568 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$142
Property Type
House
Property Taxes
$309
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 #72210839)

Price History

Date / Event Date Event Price
Oct 13, 2017 Sold
Premium
Sold
Aug 9, 2017 Listed by LAER Realty Partners $365,000
Listed by LAER Realty Partners
Nov 2, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,171
  • Total Building Area: 2,568
  • Gross Building Area: 3,190
  • Building Area: 2,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,568
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 16 PARSONS ST
  • Land Acres: 0000000233
  • 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: 5392
  • Parcel: METH M:00914 B:00104 L:00003F
  • Block: 104
  • Lot: 3F
  • Municipality: METHUEN
  • Latitude: 42.7227
  • Longitude: -71.1473

    Address

  • Full Address: 59 Lorenzo Cir
  • Address - House Number: 59
  • Address - Street Name: Lorenzo
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5949
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,700

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 587,058
  • High Value: 724,705
  • Low Value: 449,411

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,000
  • Assessed Land Value: $168,400
  • Assessed Improvements Value: $229,600

    Sales

  • Current Sale Recording Date: Oct 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26851
  • Previous Sale Recording Date: Nov 02, 1999
  • Previous Sale Amount: $163,500
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72210839

Frequently Asked Questions

When was property at 59 Lorenzo Circle built and last sold?
The property at 59 Lorenzo Circle was built in 1966 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 59 Lorenzo Circle is $394,545.
What are some comparable homes to 59 Lorenzo Circle?
There are currently no comparable homes to 59 Lorenzo Circle.
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