$351,000
●
Condo -
Off Market
2 Eclipse Lane #181A
Salem, MA 01970
2 Beds
3 Baths,
1
Half Bath
1,800 Ft²
$753,269
RealtyHop Estimate
115.84%
Since Nov 1, 2002
MA-Boston
Primary Model
About This Property
BRIGHT AND SPACIOUS CORNER TOWNHOUSE. EXCELLENT CONDITION.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$194
Property Type
Condo
Property Taxes
$268
HOA Dues
-
Year Built
1999
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Cap Rate Calculator
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Monthly Rental Income
Maintenance & HOA
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Operating Profit Per Year
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 #30630834)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2002 | Sold | ||
| Sold | |||
| Jul 30, 2002 | Listed by William Raveis R.E. & Home Services | $349,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Second
Features: Flooring - Hardwood, Balcony / Deck, Pantry
Level: Third
Level: Third
Features: Wood / Coal / Pellet Stove, Flooring - Hardwood, Balcony / Deck, Pantry
Level: Second
Level: Second
Features: Flooring - Wall to Wall Carpet
Level: Third
Level: Third
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: First Floor, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Storage, Deeded, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Green Dolphin Village
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RESIDENTIA
Parcel Number: 3159633
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $237,300
Tax Annual Amount: $3,211
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Complex is Completed
Management: Professional - Off Site, Developer Control
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 |
|---|---|---|---|---|---|---|---|
|
05/12/2017
|
2 Bed
|
3 Bath
|
1891 ft²
|
$399,000
2 Bed
3 Bath
1891 ft²
|
$412,000
+3.26%
06/28/2017
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
11/05/2015
|
2 Bed
|
2 Bath
|
1891 ft²
|
$359,000
2 Bed
2 Bath
1891 ft²
|
$350,000
-2.51%
01/15/2016
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
05/29/2014
|
2 Bed
|
3 Bath
|
1891 ft²
|
$359,000
2 Bed
3 Bath
1891 ft²
|
$337,500
-5.99%
08/18/2014
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
06/05/2013
|
2 Bed
|
3 Bath
|
2432 ft²
|
$329,000
2 Bed
3 Bath
2432 ft²
|
$322,500
-1.98%
08/29/2013
|
Mitch Levine
Sagan Harborside Sotheby's International Realty
| |
|
07/30/2002
|
2 Bed
|
3 Bath
|
1800 ft²
|
$349,000
2 Bed
3 Bath
1800 ft²
|
$351,000
+0.57%
10/29/2002
|
Sarah Harrington
William Raveis R.E. & Home Services
| |
|
01/18/2000
|
2 Bed
|
3 Bath
|
1800 ft²
|
$239,990
2 Bed
3 Bath
1800 ft²
|
$242,955
+1.24%
03/01/2000
|
Janet Klagge
Fafard Real Estate
|
Building Info
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