$726,000
●
Condo -
Off Market
79 Pine Tree Dr #79
Methuen, MA 01844
2 Beds
2 Baths
1,831 Ft²
$731,302
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Spacious ranch north of Boston.Emerald Pine's 55+ Adult
Active Community. This meticulous, 2018 quality-built Toll Brothers
Home in the desirable Emerald Pines community has many upgrades!
Main level offers a formal dining room, expanded gourmet kitchen
with beautiful granite counters and a breakfast bar that leads into
the bright inviting living room w/gas fireplace.The master bedroom
is enlarged featuring a walk-in closet and fabulous bath. An
office, guest bedroom, full bath, laundry room, and 2 stall garage
complete the first floor. Slider to a screened in Trex Deck
that overlooks a private back yard you can make your own. HOA
maintains the exterior, pool, clubhouse, and many amenities.
Unit Size
1,831 Ft²
Days on Market
-
Land Size
-
Price per sqft
$382
Property Type
Condo
Property Taxes
$599
HOA Dues
$615
Year Built
2018
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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 months ago (MLSPIN #73059482)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2023 | Sold | ||
| Sold | |||
| Jan 16, 2023 | In contract | - | |
| In contract | |||
| Nov 17, 2022 | Listed by Berkshire Hathaway HomeServices Verani Realty Salem | $699,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty Salem | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Home Office
Appliances: Range, Microwave
Flooring Type: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: First Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 1831
Security Features: Security System
Year Built Source: Public Records
Year Built: 2018
Building Area Total: 1831
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Screened, Deck - Composite
Pool Features: Association, In Ground, Heated
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $550,900
Tax Annual Amount: $7,189
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, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Fitness Center, Clubhouse, Putting Green, Paddle Tennis, Sauna/Steam, Clubroom, Garden Area
HOA Fee: $615
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 |
|---|---|---|---|---|---|---|---|
|
11/17/2022
|
2 Bed
|
2 Bath
|
1831 ft²
|
$759,900
2 Bed
2 Bath
1831 ft²
|
$726,000
-4.46%
02/17/2023
|
Sandi Feeney
Coldwell Banker Realty - Andover
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017