$855,000
●
Condo -
Off Market
74 Pine Tree Dr #74
Methuen, MA 01844
2 Beds
3 Baths
3,033 Ft²
$922,971
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Emerald Pines, Merrimack Valley's premier 55+ Adult Active
Community. This charming Fairhaven model features an open floor
plan. Well appointed gourmet kitchen features ss appliances,
engineered hardwood floors, granite countertops, ample
counterspace, large island with seating, casual dining area and
access to spacious great room w/ gas fireplace. Expansive master
suite features tray ceiling, generous closet, lavish primary bath
with dual sink vanity, shower w/seat and private toilet area.
Additional highlights include secondary bedroom, private office (or
3rd bdrm, see disclosure), laundry room and formal dining area.
Basement is fully finished with bar area w/ seating, fridge, sink;
media room, playroom/exercise room, and full bath. Includes updates
of deck and outdoor patio area with pavers for great outdoor living
space. Over $100k in upgrades. Clubhouse, pool, tennis, pickleball,
putting green, bocce, garden area among the fabulous amenities.
Unit Size
3,033 Ft²
Days on Market
-
Land Size
-
Price per sqft
$287
Property Type
Condo
Property Taxes
$749
HOA Dues
$615
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 #73041762)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2022 | In contract | - | |
| In contract | |||
| Sep 28, 2022 | Listed by eRealty Advisors, Inc. | $870,000 | |
| Listed by eRealty Advisors, Inc. | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Width: 12
Length: 15
Features: Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Area: 180
Level: First
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Pendant
Area: 273
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, French Doors, Double Vanity, Recessed Lighting, Lighting - Sconce
Length: 13
Level: Main
Width: 21
Level: Main
Features: Flooring - Wall to Wall Carpet, Closet - Double
Width: 11
Length: 12
Area: 132
Width: 14
Features: Window(s) - Picture, Chair Rail, Lighting - Overhead, Crown Molding
Length: 12
Level: Main
Area: 168
Length: 28
Level: Main
Area: 532
Features: Cable Hookup, Open Floorplan, Recessed Lighting, Crown Molding
Width: 19
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Attic Access, Cable Hookup, Lighting - Pendant
Level: Main
Length: 14
Width: 21
Area: 294
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Level: Basement
Length: 11
Level: Main
Area: 110
Features: Recessed Lighting, Flooring - Engineered Hardwood
Width: 10
Features: Yes
Full Bathrooms: 3
Interior Features: Recessed Lighting, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Kitchen Island, Wet bar, Cabinets - Upgraded, Open Floor Plan, Home Office, Bonus Room, Internet Available - Broadband
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Freezer, Washer, Dryer, Range Hood, Propane Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Hardwood, Engineered Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Stone/Ceramic Tile, Main Level, Electric Dryer Hookup, Washer Hookup, Pedestal Sink, First Floor, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Guest, Paved
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Emerald Pines
Structure Type: Detached
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Roof, Patio
Lead Paint: None
Pool Features: Association
Lot Size Units: Acres
Zoning: RA
Parcel Number: 4943950
Water Source: Public, Well
Financial Details
Tax Map Number: 01006
Tax Assessed Value: $681,000
Tax Annual Amount: $8,982
Utilities Details
Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Unit Control, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
HOA/Condo/Coop Amenities: Pool, Elevator(s), Putting Green, Tennis Court(s), Paddle Tennis, Fitness Center, Sauna/Steam, Clubroom, Garden Area, Clubhouse
Association Fee Frequency: Monthly
HOA Fee: $615
Community Features: Shopping, Pool, Tennis Court(s), Highway Access, Public School, Adult Community
Pets Allowed: Yes
Complex is Completed
Management: Professional - On Site, Professional - Off Site, Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
09/28/2022
|
2 Bed
|
3 Bath
|
3033 ft²
|
$870,000
2 Bed
3 Bath
3033 ft²
|
$855,000
-1.72%
12/09/2022
|
Jeanne Dennis
eRealty Advisors, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017