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Methuen Town 01844
7 Lorenzo Circle
$272,000
● House - Off Market

7 Lorenzo Circle

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,926 Ft²
$601,523
RealtyHop Estimate
118.74%
Since Feb 1, 2004
National-US
Primary Model

About This Property

EAST END GREAT RANCH - SPACIOUS ROOMS - FAMILY ROOM OFF KIT, HARDWOOD FLOORS, INGROUND POOL WITH NEW LINER, PUMP, PIPES.2 STALL GARAGE -GREAT PRICE WELL LOCATED!!!
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$143
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1967

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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: 5 months ago (MLSPIN #30789084)

Price History

Date / Event Date Event Price
Feb 4, 2004 Sold
Premium
Sold
Nov 11, 2003 Listed by Century 21 McLennan & Company $275,000
Listed by Century 21 McLennan & Company
Jul 31, 1997 Sold
Premium
Sold
Mar 7, 1997 Listed by Century 21 McLennan & Company $139,900
Listed by Century 21 McLennan & Company

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,284
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,199
  • Total Building Area: 1,798
  • Gross Building Area: 4,318
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • 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: 10011
  • Parcel: METH M:00914 B:00104 L:00001Q
  • Block: 104
  • Lot: 1Q
  • Municipality: METHUEN
  • Latitude: 42.7242
  • Longitude: -71.1508

    Address

  • Full Address: 7 Lorenzo Cir
  • Address - House Number: 7
  • 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: $491,900

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 541,791
  • High Value: 640,282
  • Low Value: 443,299

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,400
  • Assessed Land Value: $170,900
  • Assessed Improvements Value: $249,500

    Sales

  • Current Sale Recording Date: Feb 04, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4589
  • Previous Sale Recording Date: Jul 31, 1997
  • Previous Sale Amount: $135,000
  • 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

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2184 ft²

Average Home Age

60.6 years

Currently For Sale

74 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: 5 months ago
Data Source: MLS PIN, MLS# 30789084

Frequently Asked Questions

When was property at 7 Lorenzo Circle built and last sold?
The property at 7 Lorenzo Circle was built in 1967 and last sold on Jan 1, 1970 for $272,000.
How much is this home worth?
The estimated value of the home located at 7 Lorenzo Circle is $293,488.
What are some comparable homes to 7 Lorenzo Circle?
There are currently no comparable homes to 7 Lorenzo Circle.
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