$659,000
●
Condo -
Off Market
4 Herrick Drive #4
Methuen, MA 01844
2 Beds
2 Baths,
1
Half Bath
2,175 Ft²
$660,105
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Stunning Alder model townhome at the desirable Regency at Methuen.
This 55+ adult community is alive with activity and this unit is
ideally located in the heart of it all- just a stones throw from
the Club house, pool and tennis/pickleball courts. The gorgeous
open floor plan has many upgrades including an amazing sunroom that
opens to a deck with widened stairs to a patio overlooking a
private wooded backyard.The first floor layout has a beautiful
cathedral ceiling master w/gas fireplace, tiled shower & walk in
closet, the granite kitchen has counter seating and opens to the
living room w/gas fireplace and dining room. An office/den,
sunroom, half bath and laundry complete this level. Upstairs you
will find the loft family room & a 2nd generous sized bedroom, a
full bath and a bonus office area. The large high ceiling
basement is ready for someone to finish, or is a great storage or
workout area. 2 car garage & many updates make this is a home you
don't want to miss!
Unit Size
2,175 Ft²
Days on Market
-
Land Size
-
Price per sqft
$303
Property Type
Condo
Property Taxes
$528
HOA Dues
$445
Year Built
2014
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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 months ago (MLSPIN #73101104)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | In contract | - | |
| In contract | |||
| Apr 20, 2023 | Listed by Coldwell Banker Realty - Andover | $659,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
| | |||
|
Stunning Alder model townhome at the desirable Regency at Methuen. This 55+ adult community is alive with activity and this unit is ideally located in the heart of it all- just a stones throw from the Club house, pool and tennis/pickleball courts. The gorgeous open floor plan has many upgrades including an amazing sunroom that opens to a deck with widened stairs to a patio overlooking a private wooded backyard.The first floor layout has a beautiful cathedral ceiling master w/gas fireplace, tiled shower & walk in closet, the granite kitchen has counter seating and opens to the living room w/gas fireplace and dining room. An office/den, sunroom, half bath and laundry complete this level. Upstairs you will find the loft family room & a 2nd generous sized bedroom, a full bath and a bonus office area. The large high ceiling basement is ready for someone to finish, or is a great storage or workout area. 2 car garage & many updates make this is a home you don't want to miss!
| |||
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: Cathedral Ceiling(s), Sun Room, Loft, Office, Bonus Room
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: In Unit, First Floor
Rooms: 8
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2175
Security Features: Security Gate
Year Built Source: Public Records
Year Built: 2013
Building Name: Regency At Methuen
Building Area Total: 2175
Building Area Units: Square Feet
Window Features: Window(s) - Picture
Construction Materials: Frame
Patio and Porch Features: Patio, Deck - Exterior, Deck - Composite
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $541,200
Tax Annual Amount: $6,332
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, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Fitness Center, Trail(s), Clubhouse
HOA Fee: $445
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 |
|---|---|---|---|---|---|---|---|
|
04/20/2023
|
2 Bed
|
3 Bath
|
2175 ft²
|
$659,000
2 Bed
3 Bath
2175 ft²
|
$659,000
06/23/2023
|
Lisa Pijoan
RE/MAX Encore
| |
|
06/25/2014
|
2 Bed
|
3 Bath
|
2300 ft²
|
$479,900
2 Bed
3 Bath
2300 ft²
|
$477,500
-0.50%
10/15/2014
|
Donna Burke
Coldwell Banker Realty - Andover
| |
|
05/27/2013
|
2 Bed
|
3 Bath
|
2300 ft²
|
$450,245
2 Bed
3 Bath
2300 ft²
|
$450,304
+0.01%
03/21/2014
|
Kristin Vena
Toll Brothers Real Estate
|
Building Info
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