2 Herrick Drive #1
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by RE/MAX Encore | $585,000 | |
| Listed by RE/MAX Encore | |||
| | |||
|
Streaming with sunshine! This fabulous home in the sought-after “Regency at Methuen” 55+ community, offers 1st floor living at its finest - tastefully designed & decorated with elegance. From the entry, formal DR, soaring ceilings, oversized windows, hardwood floors, this home is perfect for cozy living & entertaining year-round. The open concept kitchen/LR offers granite counters, SS appliances, recessed lighting & eat-at counter. Whether entertaining or just living life. The primary bedroom w/walk-in closet is spacious & grand w/ trey ceiling & en-suite bath w/walk-in shower. A 2nd bdrm, w/2nd full bath, offers custom wooden cafe shutters & more sunshine; currently an office with a cozy loveseat perfect for naps, if you're so inclined. Outside there's a deck & inside the gas fireplace. A 2 car garage, 1st floor laundry, & large basement w/tons of storage space, makes living easy. All this in an active community w/heated pool, club house w/fitness center, and more!
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| Mar 13, 2014 | Sold | ||
| Sold | |||
| May 25, 2013 | Listed by Toll Brothers Real Estate | $407,095 | |
| Listed by Toll Brothers Real Estate | |||
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Walnut Manor Home. Please inquire about additional home sites that are available. Regency at Methuen is Merrimack Valley's newest Active Adult Community. The community features maintenance free living with resort style amenities including clubhouse, swimming pool, tennis court, bocce courts and walking trails.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/20/2021
|
2 Bed
|
2 Bath
|
1483 ft²
|
$585,000
2 Bed
2 Bath
1483 ft²
|
$595,000
+1.71%
11/30/2021
|
Lisa Sears
Better Homes and Gardens Real Estate - The Masiello Group
| |
|
05/25/2013
|
2 Bed
|
2 Bath
|
1549 ft²
|
$407,095
2 Bed
2 Bath
1549 ft²
|
$414,386
+1.79%
03/13/2014
|
Kristin Vena
Toll Brothers Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017