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Methuen Town 01844
99 Lorenzo Cir
$270,000
● House - Off Market

99 Lorenzo Cir

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,462 Ft²
$502,366
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Move right into this meticulously well maintained ranch style home that sits just a short distance to 495, 93, and public transportation. Includes recently painted exterior, repaved driveway, new roof as of 2009, and spacious yard with storage shed. Main living floor features a large sunny living room with wood floors and newly installed gas fireplace, eat in kitchen, 3 spacious bedrooms, large bathroom, and 3 season sun room. The partially finished basement is a perfect secondary living space/play room/media room/etc!
Unit Size
2,462 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$110
Property Type
House
Property Taxes
$292
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 #71720535)

Price History

Date / Event Date Event Price
Sep 11, 2014 Sold
Premium
Sold
Jul 28, 2014 Listed by Keller Williams Realty $269,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,296
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,302
  • Total Building Area: 2,462
  • Gross Building Area: 3,300
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBOR ACRES
  • Land Acres: 0000000237
  • 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: MB

Geography

  • Account Number: 8212
  • Parcel: METH M:00914 B:00104 L:00001N
  • Block: 104
  • Lot: 1N
  • Municipality: METHUEN
  • Latitude: 42.7245
  • Longitude: -71.1505

    Address

  • Full Address: 99 Lorenzo Cir
  • Address - House Number: 99
  • Address - Street Name: Lorenzo
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Methuen
  • Carrier Code: C019
  • 4-Digit Zip Code: 5951
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 549,897
  • High Value: 649,862
  • Low Value: 449,932

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,600
  • Assessed Land Value: $168,700
  • Assessed Improvements Value: $245,900

    Sales

  • Current Sale Recording Date: Sep 11, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20156
  • Previous Sale Recording Date: Apr 18, 2012
  • 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

2235 ft²

Average Home Age

55.5 years

Currently For Sale

73 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# 71720535

Frequently Asked Questions

When was property at 99 Lorenzo Circle built and last sold?
The property at 99 Lorenzo Circle was built in 1966 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 99 Lorenzo Circle is $300,589.
What are some comparable homes to 99 Lorenzo Circle?
There are currently no comparable homes to 99 Lorenzo Circle.
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