$870,000
●
Condo -
Off Market
21 Pine Tree Dr #21
Methuen, MA 01844
3 Beds
3 Baths
2,875 Ft²
$931,576
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Highly desirable Emerald Pines, Merrimac Valley's premier over 55
community. Downsize without sacrifice with over 2875 square feet of
living space, gorgeous woodland views from the front & back! Many
upgrades include a stunning white kitchen w/ a gas range, high-end
appliances, and an expansive island. The two-story great room
offers walls of windows and a lovely entertainment space w/ a gas
fireplace & soaring ceilings. There is an enormous first-floor
primary suite w/ a seating area & ensuite bath. An additional
bedroom, home office on the 1st floor, plus a mudroom/ laundry
room. Fantastic entertaining space w/ open loft on the 2nd level
flooded w/ natural light, another bedroom, & full bath. Large
covered deck off the back and a full walkout basement w/ a pavered
patio. Meticulously maintained, and no detail left behind! Enjoy
low-maintenance living with an active lifestyle and the most
impressive amenities one could wish for. (Please see attached list)
Only 30 miles from Boston!
Unit Size
2,875 Ft²
Days on Market
-
Land Size
-
Price per sqft
$306
Property Type
Condo
Property Taxes
$711
HOA Dues
$615
Year Built
2016
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 years ago (MLSPIN #73056769)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2023 | Sold | ||
| Sold | |||
| Dec 6, 2022 | In contract | - | |
| In contract | |||
| Nov 9, 2022 | Listed by Keller Williams Realty Evolution | $880,000 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 19
Length: 13
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Lighting - Pendant
Area: 247
Level: First
Area: 48
Width: 6
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 8
Area: 130
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 10
Level: First
Width: 13
Level: First
Features: Closet, Flooring - Wall to Wall Carpet
Width: 11
Length: 13
Area: 143
Width: 12
Features: Flooring - Hardwood, Chair Rail, Open Floorplan, Crown Molding
Length: 18
Level: First
Area: 216
Features: Closet, Flooring - Wall to Wall Carpet
Width: 12
Length: 13
Area: 156
Level: Second
Length: 19
Level: First
Area: 380
Features: Cathedral Ceiling(s), Flooring - Hardwood, Chair Rail, Deck - Exterior, Open Floorplan, Crown Molding
Width: 20
Width: 6
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Area: 48
Length: 8
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture, Cable Hookup, Double Vanity, Recessed Lighting
Level: First
Length: 16
Width: 24
Area: 384
Length: 13
Level: First
Area: 117
Features: Flooring - Wood
Width: 9
Features: Yes
Full Bathrooms: 3
Interior Features: Closet - Walk-in, Home Office, Loft
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Propane Water Heater, Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Wood, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor, In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Emerald Pine
Structure Type: Detached
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck - Composite, Patio
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RA
Parcel Number: M:01006 B:00078E L:77U99, 4944052
Water Source: Public
Financial Details
Tax Assessed Value: $653,400
Tax Annual Amount: $8,527
Utilities Details
Utilities: for Gas Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer, Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Pool, Putting Green, Tennis Court(s), Playground, Park, Paddle Tennis, Fitness Center, Sauna/Steam, Clubroom, Clubhouse
Association Fee Frequency: Monthly
HOA Fee: $615
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, Adult Community
Pets Allowed: Yes
Complex is Completed
Management: Professional - On 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 |
|---|---|---|---|---|---|---|---|
|
11/09/2022
|
3 Bed
|
3 Bath
|
2875 ft²
|
$880,000
3 Bed
3 Bath
2875 ft²
|
$870,000
-1.14%
01/27/2023
|
Willis and Smith Group
Keller Williams Realty Evolution
| |
|
10/27/2015
|
3 Bed
|
3 Bath
|
2758 ft²
|
$612,595
3 Bed
3 Bath
2758 ft²
|
$643,495
+5.04%
09/16/2016
|
Kristin Vena
Toll Brothers Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017