$78,800
●
Condo -
Off Market
2 Constitution Way #F
Methuen, MA 01844
2 Beds
1 Bath
822 Ft²
$194,007
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model
About This Property
INVESTORS, 1ST TIME BUYERS,RENTERS-this is a great opportunity to
make some $$ renting or have a very low mortgage! Fabulous and
nicely maintained 3rd floor gardent style unit featuring newer
energy efficient windows & sliding door, new Carrier heating and
a/c unit, maintenace free balcony decking, bright kitchen has newer
appliance, updated wall to wall and fresh paint in all rooms, good
closet space, low condo fees & great location close to everything.
Unit Size
822 Ft²
Days on Market
-
Land Size
-
Price per sqft
$109
Property Type
Condo
Property Taxes
$103
HOA Dues
$223
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 #71434832)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2012 | Sold | ||
| Sold | |||
| Sep 12, 2012 | Listed by Century 21 McLennan & Company | $89,900 | |
| Listed by Century 21 McLennan & Company | |||
Property Highlights
Parking Available
Interior Details
Level: Third
Width: 12
Length: 12
Features: Flooring - Vinyl, Dining Area
Area: 144
Level: Third
Features: Closet, Flooring - Wall to Wall Carpet
Width: 16
Length: 10
Area: 160
Length: 13
Level: Third
Area: 208
Features: Closet, Flooring - Wall to Wall Carpet, Balcony / Deck
Width: 16
Features: Closet, Flooring - Wall to Wall Carpet
Level: Third
Length: 14
Width: 16
Area: 224
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Utility Connections for Electric Range
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 2050118
Water Source: Public
Financial Details
Tax Assessed Value: $94,600
Tax Annual Amount: $1,234
Utilities Details
Utilities: for Electric Range
Cooling Type: Heat Pump
Heating Type: Forced Air, Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry
Association Fee Frequency: Monthly
HOA Fee: $223
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School
Pets Allowed: No
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
09/12/2012
|
2 Bed
|
1 Bath
|
822 ft²
|
$89,900
2 Bed
1 Bath
822 ft²
|
$78,800
-12.35%
10/31/2012
|
Karen Schubert
Century 21 McLennan & Co
| |
|
08/16/2007
|
2 Bed
|
1 Bath
|
822 ft²
|
$142,900
2 Bed
1 Bath
822 ft²
|
$133,000
-6.93%
02/20/2008
|
Celeste LaRock
Century 21 McLennan & Company
| |
|
04/30/2007
|
2 Bed
|
1 Bath
|
798 ft²
|
$135,500
2 Bed
1 Bath
798 ft²
|
$119,000
-12.18%
02/14/2008
|
Lauretta Wentworth
Coldwell Banker Residential Brokerage - Andover
| |
|
03/05/1999
|
2 Bed
|
1 Bath
|
-
|
$61,900
2 Bed
1 Bath
|
$61,900
06/21/1999
|
Carol Hazard
Royal Realty, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017