2 Brittania Circle #2
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2014 | Sold | ||
| Sold | |||
| Jul 23, 2014 | Listed by Bertolino and Associates Real Estate | $397,000 | |
| Listed by Bertolino and Associates Real Estate | |||
| | |||
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Located in desirable Mariners Village, this turn-key, move-in ready townhouse features updates throughout including stainless steel appliances, new granite counter tops and hardwood floors on all levels. The kitchen flows into the open concept dining/living room with a gas fire place and beautiful curved foyer entrance with large open windows. Both bedrooms feature cathedral ceilings, en-suite bathrooms with updated granite and quartz counter tops and new tile floors. Master bedroom suite boasts a 3-sided gas fireplace, jacuzzi tub and separate shower. First floor office space/family room offers quiet space with in-unit washer and dryer and direct access to the garage. This bright and sunny corner unit has a private deck, one car garage, and garden space. Well managed condo association with convenient and easy access to Highland Avenue and historic downtown Salem.
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| Oct 1, 2008 | Sold | ||
| Sold | |||
| Jul 23, 2008 | Listed by Tache Real Estate, Inc. | $259,900 | |
| Listed by Tache Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2014
|
2 Bed
|
3 Bath
|
2139 ft²
|
$397,000
2 Bed
3 Bath
2139 ft²
|
$377,000
-5.04%
08/21/2014
|
Marina Zamakis
Bertolino and Associates Real Estate
| |
|
07/23/2008
|
2 Bed
|
3 Bath
|
2139 ft²
|
$259,900
2 Bed
3 Bath
2139 ft²
|
$248,000
-4.58%
10/01/2008
|
Mindy Reichman
Tache Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017