$248,000
●
Condo -
Off Market
14 Mall #B
Salem, MA
1 Bed
1 Bath
1,068 Ft²
$424,864
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
Move in ready beautiful condo just steps from the Salem Common not
only offers you charm and convenience but a piece of history
too...Hawthorne possibly may have written the Scarlett letter here.
Recent renovations include: Granite/SS Kitchen, fresh
paint, refinished hardwood floors, updated full bath with stackable
laundry, New roof, exterior paint and newer heating system.
Off street parking, pet friendly and plenty of storage.
Minutes to downtown amenities, commuter rail, and ferry to
Boston/Major rts. Come see why Salem is consistently
voted one of the Best places to live.
Unit Size
1,068 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
Condo
Property Taxes
$278
HOA Dues
$150
Year Built
-
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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 #71682109)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2014 | Sold | ||
| Sold | |||
| May 15, 2014 | Listed by Don Baker Real Estate | $229,000 | |
| Listed by Don Baker Real Estate | |||
Property Highlights
Parking Available
Fireplace
Interior Details
Level: Second
Features: Flooring - Hardwood, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances
Features: Flooring - Hardwood
Level: Second
Features: Bathroom - Full, Closet, Flooring - Hardwood, Dryer Hookup - Electric, Washer Hookup
Level: Second
Features: Closet, Flooring - Hardwood
Level: Second
Level: Second
Features: Flooring - Hardwood
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Hardwood
Laundry Features: Second Floor, In Unit
Rooms: 4
Has Fireplace
Fireplace Features: Dining Room, Living Room, Master Bedroom
Fireplaces: 3
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R
Parcel Number: 350102802, 2136254
Water Source: Public
Financial Details
Tax Assessed Value: $199,700
Tax Annual Amount: $3,341
Utilities Details
Utilities: for Gas Range, for Electric Dryer
Cooling Type: None
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
Association Fee Frequency: Monthly
HOA Fee: $150
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Marina, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017