$330,000
●
Condo -
Off Market
2 Heather Drive #2
Methuen, MA 01844
3 Beds
2 Baths
1,759 Ft²
$541,040
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Laurel Woods free standing single family condo near Rt 110, 93, and
495. Ideal first floor master bedroom and adjacent full bath. Main
level includes living room with gas fireplace and cathedral
ceilings, a dining room, kitchen with a breakfast bar and a
wonderful year round sunroom that leads out to the deck. Laundry
conveniently located off the kitchen on the first floor. The second
level has two bedrooms and a full bath. A walk-out lower level
offers additional space for workshop. Drive into the two car garage
and you're home...low condo fee and low maintenance....what more could
you ask for?
Unit Size
1,759 Ft²
Days on Market
-
Land Size
-
Price per sqft
$210
Property Type
Condo
Property Taxes
$360
HOA Dues
$240
Year Built
1999
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 years ago (MLSPIN #72586443)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2019 | Sold | ||
| Sold | |||
| Oct 30, 2019 | Listed by RE/MAX Partners | $369,900 | |
| Listed by RE/MAX Partners | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 13
Length: 12
Features: Flooring - Hardwood
Area: 156
Level: Second
Area: 45
Width: 5
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Length: 9
Area: 40
Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Vinyl
Length: 5
Level: First
Width: 8
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Width: 15
Length: 10
Area: 150
Width: 10
Features: Flooring - Hardwood
Length: 12
Level: First
Area: 120
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Width: 12
Length: 8
Area: 96
Level: Second
Length: 16
Level: First
Area: 240
Features: Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Hardwood, Recessed Lighting
Width: 15
Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Level: First
Length: 12
Width: 14
Area: 168
Features: No
Full Bathrooms: 2
Interior Features: Sun Room, High Speed Internet
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater
Flooring Type: Vinyl, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Vinyl, First Floor, In Unit
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Laurel Woods Condominium
Structure Type: Detached, Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Screens
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: BH
Parcel Number: M:00516 B:00153A L:00047, 3692473
Water Source: Public
Financial Details
Tax Assessed Value: $304,100
Tax Annual Amount: $4,315
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $240
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Public School
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/30/2019
|
3 Bed
|
2 Bath
|
1759 ft²
|
$369,900
3 Bed
2 Bath
1759 ft²
|
$330,000
-10.79%
12/12/2019
|
John Farrell
Coldwell Banker Realty - Beverly
| |
|
09/16/1999
|
3 Bed
|
2 Bath
|
-
|
$176,900
3 Bed
2 Bath
|
$181,800
+2.77%
02/29/2000
|
Tina Habeeb
Royal Realty, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017