2 Eclipse Ln #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 |
|---|---|---|---|
| Jun 28, 2017 | Sold | ||
| Sold | |||
| May 12, 2017 | Listed by Sagan Harborside Sotheby's International Realty | $399,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| Jan 15, 2016 | Sold | ||
| Sold | |||
| Nov 5, 2015 | Listed by Sagan Agency REALTORS® | $359,000 | |
| Listed by Sagan Agency REALTORS® | |||
| | |||
|
Green Dolphin Village! Custom,storm doors and Inviting foyer lead you to a sun filled, living room with welcomimg gas fireplace and brand new hardwood flooring.Open floor plan leads to eat-in kitchen with granite, hardwood, and attached deck for relaxing and grilling. Master bedroom has three sided gas fireplace,hardwood flooring, cathedral ceiling, and space for quiet sitting area. Second bedroom also features cathedral ceiling, hardwood, and attached full bathroom with granite.Unfinished lower level makes a great workout room or can be finished for a tv or office room.Spacious two car ( tandem) garage complete the picture! Professional management company offers responsive property manager, low condo fees(will be reduced to $274. effective 1/1/16) and solid reserves.Enjoy all that Salem has to offer....nearby beaches, world class Peabody Essex Museum,upscale restaurants,Salem State University,commuter rail service to Boston,and 1/2 hour drive to Logan! Doesn't get any better!
| |||
| Aug 18, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017