$162,000
●
Condo -
Off Market
2 Arch Pl #2
Haverhill, MA 01832
2 Beds
1 Bath
1,094 Ft²
$235,575
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Large 2 bedroom condo featuring open concept, high ceilings and
laundry in the unit. This unit is ideal for owner occupied or
as a rental investment because it is centrally located near
downtown shops / restaurants and commuter rail. No Condo
Fees. Dead end street. Area has a strong rental market. Large
eat-in Kitchen has plenty of cabinet and counter space, dining area
for a table and flows open to the living room area.
Oversized bathroom features laundry hook-ups and granite vanity.
Share Master Insurance and Water. This unit is
responsible for 40% of those bills. Other unit is owner
occupied. Vacant and easy to show.
Unit Size
1,094 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
Condo
Property Taxes
$123
HOA Dues
-
Year Built
1920
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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: 6 months ago (MLSPIN #72637762)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2020 | Sold | ||
| Sold | |||
| Mar 25, 2020 | Listed by Keller Williams Gateway Realty | $169,900 | |
| Listed by Keller Williams Gateway Realty | |||
| | |||
|
Large 2 bedroom condo featuring open concept, high ceilings and laundry in the unit. This unit is ideal for owner occupied or as a rental investment because it is centrally located near downtown shops / restaurants and commuter rail. No Condo Fees. Dead end street. Area has a strong rental market. Large eat-in Kitchen has plenty of cabinet and counter space, dining area for a table and flows open to the living room area. Oversized bathroom features laundry hook-ups and granite vanity. Share Master Insurance and Water. This unit is responsible for 40% of those bills. Other unit is owner occupied. Vacant and easy to show.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Vinyl, Carpet
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1094
Year Built Source: Public Records
Year Built: 1920
Building Name: Arch Place Condominium Trust
Building Area Total: 1094
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $108,400
Tax Annual Amount: $1,474
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2020
|
2 Bed
|
1 Bath
|
1094 ft²
|
$169,900
2 Bed
1 Bath
1094 ft²
|
$162,000
-4.65%
07/17/2020
|
Jason Rollins
Commonwealth Properties Residential, LLC
| |
|
06/02/2004
| |
Studio
|
3 Bath
|
2664 ft²
|
$314,900
Studio
3 Bath
2664 ft²
|
$314,900
08/31/2004
|
Sherri Schneider
Berkshire Hathaway HomeServices Verani Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017