$299,900
●
Condo -
Off Market
12 School #2
Salem, MA
3 Beds
2 Baths
1,240 Ft²
$533,862
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
NEW CONSTRUCTION gorgeous 3 bedroom 2 bath condo in historic North
Salem. Bright open Kitchen Living room-dining room with
plenty of light. Beautiful new kitchen with sparkling granite
counter tops and eat in penisular, lovely tile back splash, Washer
Dryer area off kitchen. Shining New hardwood floors
throughout. Master Bedroom has en suite full bath with designer
tile and walk in shower. New High efficiency gas heating
system with central Air conditioning in unit. Parking for 1 car off
street, separate storage area in your NEW FULL Basement.
Great Commuter location, 6 MINUTE WALK TO TRAIN STATION &
DOWNTOWN, North Salem is a short drive to highway's and shopping
centers
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$250
Property Type
Condo
Property Taxes
-
HOA Dues
$230
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 #71937077)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2016 | Sold | ||
| Sold | |||
| Dec 1, 2015 | Listed by Clockhouse Realty, Inc. | $309,900 | |
| Listed by Clockhouse Realty, Inc. | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 13
Length: 9
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Dryer Hookup - Gas, Washer Hookup
Area: 117
Level: Second
Area: 104
Width: 13
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Laminate
Length: 8
Area: 60
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Laminate, Countertops - Stone/Granite/Solid
Length: 5
Level: Second
Width: 12
Level: Second
Features: Ceiling Fan(s), Closet, Flooring - Hardwood
Width: 12
Length: 11
Area: 132
Features: Ceiling Fan(s), Closet, Flooring - Hardwood
Width: 12
Length: 12
Area: 144
Level: Second
Length: 15
Level: Second
Area: 240
Features: Ceiling Fan(s), Flooring - Hardwood
Width: 16
Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Hardwood
Level: Second
Length: 12
Width: 13
Area: 156
Level: Second
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Wood, Laminate
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Deeded, Paved
Exterior Details
Entry Level: 2
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condominium
Building Name: 12 School Street Condominium Association
Structure Type: 2/3 Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R-2
Parcel Number: 2133054
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $230
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Management: Developer Control
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017