$307,500
●
Condo -
Off Market
116 Village Post #116
Danvers, MA 01923
2 Beds
2 Baths,
1
Half Bath
1,905 Ft²
$546,844
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model
About This Property
Desirable Olde Salem Village Hawthorne style town home featuring 6
rooms, 2 bedrooms , eat-in kitchen with gas stove,formal dining
room and spacious living room with sliders leading out to a deck
,.2.5 baths , walk out finished lower level leading out to a
patio .Your new home features upgraded gas heat and detached
garage. Located in a Cul De Sac location in the complex. The
complex features a pool, tennis courts and club house.
Welcome home to Olde Salem Village
Unit Size
1,905 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
Condo
Property Taxes
$363
HOA Dues
$434
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 months ago (MLSPIN #72060461)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2016 | Sold | ||
| Sold | |||
| Aug 31, 2016 | Listed by Lux Realty North Shore | $329,900 | |
| Listed by Lux Realty North Shore | |||
| | |||
|
Desirable Olde Salem Village Hawthorne style town home featuring 6 rooms, 2 bedrooms , eat-in kitchen with gas stove,formal dining room and spacious living room with sliders leading out to a deck ,.2.5 baths , walk out finished lower level leading out to a patio .Your new home features upgraded gas heat and detached garage. Located in a Cul De Sac location in the complex. The complex features a pool, tennis courts and club house. Welcome home to Olde Salem Village
| |||
| Jul 29, 2011 | Sold | ||
| Sold | |||
| May 9, 2011 | Listed by Century 21 North East | $289,900 | |
| Listed by Century 21 North East | |||
| | |||
|
Pristine TH in Olde Salem Village located on cul-de-sac. Gas cooking. Beautiful tongue and groove ceiling with recess lighting. New hot water tank. Great LL family room, with walk out to patio. Lovely veiws from deck of rolling greens. Gas heat, CA, storage shed, easy access attic, 1 car garage in middle position. SUBJECT TO THIRD PARTY APPROVAL.
| |||
| Nov 20, 2006 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached, Off Street
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Laminate
Door Features: Storm Door(s)
Laundry Features: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1905
Year Built Source: Public Records
Year Built: 1982
Building Name: Olde Salem Village
Building Area Total: 1905
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame, Conventional (2x4-2x6)
Patio and Porch Features: Patio, Deck - Wood
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $307,000
Tax Annual Amount: $4,359
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Pool, Laundry, Tennis Court(s), Clubroom
HOA Fee: $434
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 |
|---|---|---|---|---|---|---|---|
|
08/31/2016
|
2 Bed
|
2 Bath
|
1905 ft²
|
$329,900
2 Bed
2 Bath
1905 ft²
|
$307,500
-6.79%
10/19/2016
|
Toni Butler
Century 21 North East
| |
|
05/09/2011
|
2 Bed
|
3 Bath
|
2148 ft²
|
$289,900
2 Bed
3 Bath
2148 ft²
|
$275,000
-5.14%
07/29/2011
|
Joanne Tice
Carlson GMAC Real Estate
| |
|
07/24/2006
|
2 Bed
|
3 Bath
|
2148 ft²
|
$329,900
2 Bed
3 Bath
2148 ft²
|
$310,000
-6.03%
11/20/2006
|
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
| |
|
10/22/1999
|
2 Bed
|
3 Bath
|
1536 ft²
|
$219,000
2 Bed
3 Bath
1536 ft²
|
$214,000
-2.28%
11/18/1999
|
June Silva
Century 21 Signature Properties
|
Building Info
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