$657,500
●
Condo -
Off Market
48 Pine Tree Drive #38
Methuen, MA 01844
2 Beds
2 Baths
2,750 Ft²
$936,828
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Tradition Country Manor -Currently one of the top selling floor
plans!! Home features include gas fireplace, granite kitchen, 10ft
ceilings, expansive master bedroom suite with tray ceiling includes
large walk-in closet. Kitchen is very spacious with large center
island. Resort style community features a 5,800 square-foot
clubhouse with fitness center, pool, tennis, bocce, putting green,
garden center and much more! So many planned activities in this 55+
community!
Unit Size
2,750 Ft²
Days on Market
-
Land Size
-
Price per sqft
$225
Property Type
Condo
Property Taxes
$1
HOA Dues
$379
Year Built
2018
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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: 4 years ago (MLSPIN #72230109)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Sep 17, 2017 | Listed by RE/MAX Andrew Realty Services | $619,295 | |
| Listed by RE/MAX Andrew Realty Services | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Features: Yes
Full Bathrooms: 2
Interior Features: Study
Appliances: Oven, Dishwasher, Disposal, Countertop Range, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: First Floor, Washer Hookup
Rooms: 8
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Paved
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Builder
Year Built Details: To Be Built
PropertySubType: Condominium
Building Name: Regency At Emerald Pines
Structure Type: Detached
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Stone
Patio and Porch Features: Deck - Composite
Lead Paint: None
Pool Features: Association, In Ground, Heated
Lot Size Units: Acres
Zoning: Res
Parcel Number: 4943991
Water Source: Public
Financial Details
Tax Annual Amount: $15
Utilities Details
Utilities: for Gas Range, for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Central, Forced Air, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Elevator(s), Putting Green, Tennis Court(s), Fitness Center, Clubroom, Garden Area
HOA Fee: $379
Community Features: Shopping, Golf, Medical Facility, Highway Access, T-Station, Adult Community
Pets Allowed: Yes
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 |
|---|---|---|---|---|---|---|---|
|
09/17/2017
|
2 Bed
|
2 Bath
|
2750 ft²
|
$619,295
2 Bed
2 Bath
2750 ft²
|
$657,500
+6.17%
09/07/2018
|
Kristin Vena
Toll Brothers Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017