$775,000
●
Condo -
Off Market
89 Pine Tree Dr #89
Methuen, MA 01844
2 Beds
2 Baths
2,058 Ft²
$785,621
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Thoughtfully and richly enhanced from the original design and built
on a premium lot, this very special home offers a serene and quiet
location at the top of Pine Tree Dr. Read through the upgrades,
before and after being built, (under paperclip) and you will truly
appreciate the considerate level of detail to make this house a
home. The pictures show the upgraded cabinets, countertops and
gourmet appliances, as well as crown molding throughout, and open
railing to basement to enhance visual space, blinds and custom
valances on all windows. Noteworthy items that do not show
include: all lower kitchen cabinets have pull out shelving, floor
electrical outlet, rheostats for lighting, under counter lighting
in kitchen, and just enough extension of the deck to make it
spacious without affecting the beautiful view of fields and woods.
The added sunroom takes full advantage of the natural light: a
perfect place to start the morning. Over $150K in total
upgrades!
Unit Size
2,058 Ft²
Days on Market
-
Land Size
-
Price per sqft
$377
Property Type
Condo
Property Taxes
$688
HOA Dues
$615
Year Built
-
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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 years ago (MLSPIN #72935491)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Jan 20, 2022 | Listed by Century 21 North East | $775,000 | |
| Listed by Century 21 North East | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Gas Stove, Peninsula, Lighting - Pendant, Lighting - Overhead, Crown Molding
Level: First
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Hardwood, Crown Molding
Level: First
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Countertops - Stone/Granite/Solid, Recessed Lighting, Crown Molding
Level: First
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead, Crown Molding
Level: First
Level: First
Features: Flooring - Hardwood, Handicap Equipped, Open Floorplan, Archway, Crown Molding
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Yes
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Sun Room, Game Room, Office, Internet Available - Broadband, High Speed Internet
Appliances: Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Range Hood, Propane Water Heater
Flooring Type: Carpet, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: First Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: TV Monitor, Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Regency At Emerald Pines
Structure Type: Detached
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lead Paint: Unknown
Pool Features: Association, In Ground, Heated
Lot Size Units: Acres
Zoning: RA
Parcel Number: M:01006 B:00078E L:77U65, 4944018
Water Source: Public
Financial Details
Tax Assessed Value: $626,200
Tax Annual Amount: $8,260
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Pool, Putting Green, Tennis Court(s), Recreation Facilities, Fitness Center, Clubroom, Garden Area, Clubhouse
Association Fee Frequency: Monthly
HOA Fee: $615
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, T-Station, University, 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 |
|---|---|---|---|---|---|---|---|
|
01/20/2022
|
2 Bed
|
2 Bath
|
2058 ft²
|
$775,000
2 Bed
2 Bath
2058 ft²
|
$775,000
04/01/2022
|
Meg Rokos
Bean Group
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017