$275,000
●
Condo -
Off Market
11 Barton Square #203
Salem, MA 01970
2 Beds
2 Baths
1,098 Ft²
$447,914
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model
About This Property
Fabulously located in downtown Salem, yet quiet and serene due to
being set behind another building. Maintenance free lifestyle
in a 2 bedroom, 2 bath townhouse in the heart of the City.
Vaulted ceilings, fireplace... open and airy throughout.
In need of some updating, and priced accordingly. Why
let someone else design your condo and make all the decisions when
you can do it yourself? Heat and hot water are included in
condo fee.
Unit Size
1,098 Ft²
Days on Market
-
Land Size
-
Price per sqft
$281
Property Type
Condo
Property Taxes
$339
HOA Dues
$420
Year Built
-
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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: 5 years ago (MLSPIN #72441375)
Price History
Property Highlights
Air Conditioning
Interior Details
Level: Second
Level: Third
Level: Third
Level: Second
Level: Second
Level: Second
Level: Second
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry Features: Second Floor, In Unit
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: N
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: B5
Parcel Number: 2136116
Water Source: Public
Financial Details
Tax Assessed Value: $264,500
Tax Annual Amount: $4,068
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water
Association Fee Frequency: Monthly
HOA Fee: $420
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
04/04/2024
|
2 Bed
|
2 Bath
|
1290 ft²
|
$499,999
2 Bed
2 Bath
1290 ft²
|
$520,000
+4.00%
05/03/2024
|
Philip O'Donnell
Armstrong Field Real Estate
| |
|
03/30/2023
|
1 Bed
|
1 Bath
|
693 ft²
|
$339,900
1 Bed
1 Bath
693 ft²
|
$350,000
+2.97%
05/01/2023
|
Christopher Sweeney
Coldwell Banker Realty - Marblehead
| |
|
01/26/2022
|
2 Bed
|
2 Bath
|
1290 ft²
|
$438,000
2 Bed
2 Bath
1290 ft²
|
$462,000
+5.48%
03/08/2022
|
Gail Tyrrell
Churchill Properties
| |
|
01/15/2019
|
2 Bed
|
2 Bath
|
1098 ft²
|
$309,000
2 Bed
2 Bath
1098 ft²
|
$275,000
-11.00%
03/08/2019
|
Colleen Nobles
Armstrong Field Real Estate
| |
|
07/07/2017
|
2 Bed
|
2 Bath
|
1290 ft²
|
$355,000
2 Bed
2 Bath
1290 ft²
|
$355,000
08/24/2017
|
Jennifer Kannan
J. Barrett & Company
| |
|
06/26/2014
|
2 Bed
|
2 Bath
|
1290 ft²
|
$279,900
2 Bed
2 Bath
1290 ft²
|
$279,900
08/04/2014
|
Jenny May
J. Barrett & Company
| |
|
12/12/2012
|
2 Bed
|
2 Bath
|
1088 ft²
|
$239,900
2 Bed
2 Bath
1088 ft²
|
$229,000
-4.54%
04/01/2013
|
Armstrong Field Team
Aluxety
| |
|
10/27/2003
|
2 Bed
|
2 Bath
|
1290 ft²
|
$249,000
2 Bed
2 Bath
1290 ft²
|
$243,000
-2.41%
12/10/2003
|
Ann Marie Hayward
EXIT Realty Beatrice Associates
| |
|
07/28/2002
|
1 Bed
|
1 Bath
|
772 ft²
|
$164,900
1 Bed
1 Bath
772 ft²
|
$153,000
-7.22%
09/27/2002
|
Fran Nutting
Carlson GMAC Real Estate
| |
|
06/12/2002
|
2 Bed
|
2 Bath
|
1290 ft²
|
$229,000
2 Bed
2 Bath
1290 ft²
|
$234,000
+2.18%
07/26/2002
|
Gail Tyrrell
Churchill Properties
| |
|
04/06/2001
|
2 Bed
|
2 Bath
|
1290 ft²
|
$179,900
2 Bed
2 Bath
1290 ft²
|
$177,500
-1.33%
05/31/2001
|
Gail Tyrrell
Churchill Properties
| |
|
01/18/2000
|
1 Bed
|
1 Bath
|
772 ft²
|
$119,900
1 Bed
1 Bath
772 ft²
|
$119,900
03/15/2000
|
Sussi Danforth
Coldwell Banker Realty - Marblehead
| |
|
12/10/1999
|
1 Bed
|
1 Bath
|
772 ft²
|
$119,900
1 Bed
1 Bath
772 ft²
|
$116,900
-2.50%
02/18/2000
|
Fatima Heath
North Shore's Gold Coast Realty
| |
|
10/21/1997
|
2 Bed
|
2 Bath
|
1290 ft²
|
$99,000
2 Bed
2 Bath
1290 ft²
|
$100,000
+1.01%
12/19/1997
|
Carol St. Pierre
Tache Real Estate, Inc.
| |
|
04/15/1996
|
2 Bed
|
2 Bath
|
1290 ft²
|
$95,000
2 Bed
2 Bath
1290 ft²
|
$86,500
-8.95%
07/29/1996
|
Betty Marlin
RE/MAX Advantage Real Estate
|
Building Info
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