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$250,000
● Condo - Off Market

15 Cedar #33

Amesbury, MA
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,061 Ft²
$419,846
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Soaring ceilings, gleaming hardwood, gorgeous granite in the kitchen and bath. This unit is on the end with 14 (Fourteen!) huge windows on three sides, giving you beautiful  natural light and a feeling of exquisite spaciousness. The handsome brick buildings have elevators for handicapped access, extra storage outside of the unit, and a great location close to downtown Amesbury.  This is a lovely setting, with outdoor space that includes a covered patio area next to the pond for barbecues and outdoor entertaining. Pets are allowed, making this the perfect home!
Unit Size
1,061 Ft²
Days on Market
-
Land Size
-
Price per sqft
$243
Property Type
Condo
Property Taxes
$367
HOA Dues
$329
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 #72121628)

Price History

Date / Event Date Event Price
Apr 21, 2017 Sold
Premium
Sold
Feb 20, 2017 Listed by Keller Williams Realty Evolution $257,500
Listed by Keller Williams Realty Evolution

Property Highlights

Air Conditioning
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Appliances: Electric Water Heater
Flooring Type: Wood, Tile, Carpet
Rooms: 3
Basement: N
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Covered
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R
Parcel Number: 4696863
Water Source: Public
Financial Details
Tax Assessed Value: $217,200
Tax Annual Amount: $4,404
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Elevator(s), Storage
HOA Fee: $329
Pets Allowed: Yes
Management: Professional - On Site

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: 4 years ago
Data Source: MLS PIN, MLS# 72121628
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