$270,500
●
Condo -
Off Market
2 Cavendish Circle #2
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
2,438 Ft²
$580,389
RealtyHop Estimate
108.02%
Since Feb 1, 2013
MA-Boston
Primary Model
About This Property
Glass enclosed foyer leads to spacious living room with gas
FP,eat-in kitchen has extra cabinetry and adjoining deck.Master
bedroom with vaulted ceilings features 3-sided gas fireplace,
adjacent sunroom, space galore and loft area above. Price reflects
need for carpet replacement and new paint throughout.
Unit Size
2,438 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
Condo
Property Taxes
$405
HOA Dues
$312
Year Built
1999
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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: 5 months ago (MLSPIN #71459264)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2013 | Sold | ||
| Sold | |||
| Nov 21, 2012 | Listed by Sagan Harborside Sotheby's International Realty | $279,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Glass enclosed foyer leads to spacious living room with gas FP,eat-in kitchen has extra cabinetry and adjoining deck.Master bedroom with vaulted ceilings features 3-sided gas fireplace, adjacent sunroom, space galore and loft area above. Price reflects need for carpet replacement and new paint throughout.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Deeded, Off Street, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Slider, Loft, Home Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Tile, Carpet, Wood Laminate, Flooring - Wall to Wall Carpet
Laundry Features: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2438
Security Features: Security System
Year Built Source: Public Records
Year Built: 1999
Building Name: Green Dolphin Village
Building Area Total: 2438
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $311,100
Tax Annual Amount: $4,862
Utilities Details
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Forced Air, Natural Gas, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $312
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 |
|---|---|---|---|---|---|---|---|
|
11/21/2012
|
2 Bed
|
3 Bath
|
2438 ft²
|
$279,000
2 Bed
3 Bath
2438 ft²
|
$270,500
-3.05%
01/23/2013
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017