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$385,000
● Condo - Off Market

112 Main #8

Amesbury, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
969 Ft²
$407,001
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Beautiful 2 bedroom condo with deeded off street parking, right in the heart of Amesbury. All units completely renovated in 2018. Open, floor plan, granite counter tops, stainless appliances, laminate flooring and crown molding. The bathroom has stylish white tile which continues from the floor, into the shower and has upgraded glass doors. Central AC, in unit laundry and large lower level storage. This unit's is perfectly located on the top floor, with elevator access and a view of the town. This unit is beautifully located, providing easy access to everything Amesbury has to offer.Offer Deadline Monday October 11 5:00 PM
Unit Size
969 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$377
Property Type
Condo
Property Taxes
$441
HOA Dues
$235
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 #72905221)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed by Bentley's $365,000
Listed by Bentley's

Property Highlights

Air Conditioning
Interior Details
Width: 9.5
Length: 10.8
Area: 102.6
Length: 12.11
Area: 219.191
Width: 18.1
Width: 11.4
Length: 10.6
Area: 120.84
Length: 10.4
Width: 11.5
Area: 119.6
Full Bathrooms: 1
Flooring Type: Laminate
Rooms: 4
Basement: N
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
PropertySubType: Condominium
Structure Type: Detached
Stories (Total): 3
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CBD
Water Source: Public
Financial Details
Tax Assessed Value: $290,100
Tax Annual Amount: $5,294
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal
HOA/Condo/Coop Amenities: Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $235
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School
Pets Allowed: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72905221
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