$299,900
●
Condo -
Off Market
12 School #3
Salem, MA
3 Beds
2 Baths
1,240 Ft²
$521,990
RealtyHop Estimate
74.05%
Since Apr 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 2 cars
off street, separate storage area in your NEW FULL Basement.
Great Commuter location, 6MINUTE WALK TO TRAIN STATION AND
DOWNTOWN, North Salem is a short drive to highway's and shopping
centers
Unit Size
1,240 Ft²
Days on Market
-
Land Size
-
Price per sqft
$242
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: 4 years ago (MLSPIN #71937078)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2016 | Sold | ||
| Sold | |||
| Dec 1, 2015 | Listed by Keller Williams Realty Evolution | $299,900 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Third
Width: 13
Length: 9
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Dryer Hookup - Gas, Open Floorplan, Washer Hookup
Area: 117
Level: Third
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: Third
Width: 12
Level: Third
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: Third
Length: 15
Level: Third
Area: 240
Features: Ceiling Fan(s), Flooring - Hardwood
Width: 16
Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Hardwood
Level: Third
Length: 12
Width: 13
Area: 156
Level: Third
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater
Flooring Type: Wood, Laminate
Laundry Features: In Unit
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 3
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
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: 2133054
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, 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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017