42
Map
$870,000
●
Condo -
Off Market
32 Pine Tree Drive #32
Methuen, MA 01844
2 Beds
2 Baths,
1
Half Bath
2,589 Ft²
$5,682
Est. Monthly
$723
HOA / Fees
2.06%
Cap Rate
About This Property
Luxury meets convenience in this beautifully upgraded home in the
Regency at Emerald Pines, a premier 55+ community. Designed for
one-level living, it features custom cabinetry, elegant crown
molding, and high-end finishes throughout. The gourmet kitchen
flows into the dining and living areas, creating a perfect space
for entertaining. A finished lower level offers flexibility for a
media room, gym, or hobby space. While offering two spacious
bedrooms, an additional upstairs room is ideal for guest quarters
or a private home office. Set on one of the most private lots in
the community, the outdoor space provides a tranquil retreat.
Residents enjoy resort-style amenities, including a pool,
pickleball and tennis courts, putting green, bocce, yoga studio,
and clubhouse. Don't miss this rare opportunity to embrace luxury,
privacy, and low-maintenance living in one of the area's most
desirable active adult communities!
Unit Size
2,589 Ft²
Days on Market
-
Land Size
-
Price per sqft
$340
Property Type
Condo
Property Taxes
$638
HOA Dues
$723
Year Built
-
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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: 2 years ago (MLSPIN #73341627)
Price History
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Off Street, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Recessed Lighting, Office, Exercise Room, Internet Available - DSL
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer, Range Hood
Flooring Type: Tile, Carpet, Hardwood, Vinyl, Vinyl / VCT, Flooring - Wall to Wall Carpet
Laundry Features: In Unit, Flooring - Stone/Ceramic Tile, First Floor
Rooms: 9
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 2589
Year Built Source: Public Records
Year Built: 2018
Building Name: The Regency At Emerald Pines
Building Area Total: 2589
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Pool Features: Association, In Ground
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $723,200
Tax Annual Amount: $7,651
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Recreation Facilities, Fitness Center, Clubhouse, Garden Area
HOA Fee: $723
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
03/05/2025
|
2 Bed
|
2 Bath
|
2589 ft²
|
$899,900
2 Bed
2 Bath
2589 ft²
|
$870,000
-3.32%
04/25/2025
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
10/05/2023
|
2 Bed
|
3 Bath
|
2589 ft²
|
$799,900
2 Bed
3 Bath
2589 ft²
|
$799,900
11/14/2023
|
Druann Jedrey
Leading Edge Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017