$440,000
●
Condo -
Off Market
10 Derby Square #S2
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
2,419 Ft²
$932,657
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model
About This Property
SALEM'S PREMIERE ATELIER. STYLISH, PRACTICAL, AND UNCONVENTIONAL
SPACES NOT ONLY TO WORK BUT ALSO TO LIVE. THE HISTORICAL FABRIC OF
THE NINETEENTH CENTURY INDUSTRIAL SHELL ALLOWS FOR LARGE OPEN
SURFACE AREAS, FLOOR TO CEILING WINDOWS AND EXTRAORDINARY AMOUNT OF
LIGHT AND SPACE. THE DYNAMIC INTERIOR, SERENE ATTITUDE AND URBAN
LANDSCAPE OFFERS AN ENDLESS NUMBER OF POSSIBILITIES. LOFTS ARE
ELEVATORED ACCESSES, SINGLE FLOOR WITH RANGES FROM 1300-2800 SQ FT.
Unit Size
2,419 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
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Interest %
Your Estimated Monthly Payment
Principal + Interest:
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HOA:
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #70354493)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2007 | Sold | ||
| Sold | |||
| Mar 27, 2006 | Listed by RE/MAX Advantage Real Estate | $499,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
Property Highlights
Air Conditioning
Interior Details
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater
Flooring Type: Wood
Rooms: 4
Basement: Y
Exterior Details
Entry Level: 2
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Loft
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: B5
Parcel Number: 4624208
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping
Complex is Completed
Management: Professional - On Site, Developer Control
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 |
|---|---|---|---|---|---|---|---|
|
06/06/2016
|
Loft
|
-
|
-
|
$349,700
Loft
-
|
$345,000
-1.34%
08/26/2016
|
Richard Jagolta
Seaport Realty
| |
|
11/11/2013
|
Loft
|
-
|
-
|
$289,000
Loft
-
|
$280,000
-3.11%
12/19/2014
|
Kathie Strout
Century 21 North East
| |
|
10/01/2013
|
Loft
|
2 Bath
|
-
|
$314,900
Loft
2 Bath
|
$295,000
-6.32%
04/25/2014
|
Kathie Strout
Century 21 North East
| |
|
07/05/2010
|
Loft
|
-
|
-
|
$374,900
Loft
-
|
-
-
|
Merry Fox Team
MerryFox Realty
| |
|
05/25/2010
|
3 Bed
|
2 Bath
|
2554 ft²
|
$375,000
3 Bed
2 Bath
2554 ft²
|
-
-
|
Merry Fox Team
MerryFox Realty
| |
|
07/23/2008
|
1 Bed
|
2 Bath
|
2842 ft²
|
$539,000
1 Bed
2 Bath
2842 ft²
|
$445,000
-17.44%
10/28/2008
|
Dina DiFilippo
MACK Realty Group
| |
|
03/28/2006
| |
Loft
|
-
|
2216 ft²
|
$449,000
Loft
-
2216 ft²
|
$360,000
-19.82%
10/31/2006
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
|
|
03/27/2006
|
2 Bed
|
-
|
1668 ft²
|
$419,000
2 Bed
-
1668 ft²
|
$405,000
-3.34%
06/19/2006
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
| |
|
03/27/2006
|
2 Bed
|
2 Bath
|
2419 ft²
|
$499,000
2 Bed
2 Bath
2419 ft²
|
$440,000
-11.82%
05/23/2007
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
| |
|
03/27/2006
|
2 Bed
|
-
|
2216 ft²
|
$449,000
2 Bed
-
2216 ft²
|
$360,000
-19.82%
10/31/2006
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
| |
|
02/01/2006
|
3 Bed
|
1 Bath
|
2660 ft²
|
$619,000
3 Bed
1 Bath
2660 ft²
|
$585,000
-5.49%
06/15/2006
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017