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$317,000
● Condo - Off Market

152 Boston #2

Salem, MA
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,208 Ft²
$367,862
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Built originally for Samuel Bell (bricklayer) Circa 1721  but converted now into a four unit complex which you will find this astonishing townhouse style 6rm, 3brm, 1.5 bath condo.  One of many of the first period structures standing on a street in Salem which has been well maintained and admirable for such a historical gem.  Mack Park neighborhood walkable to transit, downtown and loads more.  1 Assigned parking spot, patio area, laundry hook-up on 2nd floor.  Bedrooms are all located on second floor, wide pine flooring through-out, eat in kitchen, gracious size living room and plenty of closet space. Walk up attic.  Pet friendly up to 35lbs
Unit Size
1,208 Ft²
Days on Market
-
Land Size
-
Price per sqft
$273
Property Type
Condo
Property Taxes
$261
HOA Dues
$240
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72890715)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Sep 13, 2021 Listed by Sagan Harborside Sotheby's International Realty $329,900
Listed by Sagan Harborside Sotheby's International Realty

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Level: Second
Level: Second
Level: First
Level: Second
Level: First
Level: Second
Half Bathrooms: 1
Full Bathrooms: 1
Laundry Features: Second Floor
Rooms: 6
Basement: Y
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate, Certified Historic
PropertySubType: Condominium
Building Name: Samuel Bell House
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: B2
Parcel Number: 4404484
Water Source: Public
Financial Details
Tax Assessed Value: $226,600
Tax Annual Amount: $3,127
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water
Association Fee Frequency: Monthly
HOA Fee: $240
Community Features: Public Transportation

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: 5 years ago
Data Source: MLS PIN, MLS# 72890715
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