$579,900
●
Condo -
Off Market
2 Ferry Road #2B
Salisbury, MA 01952
3 Beds
3 Baths,
1
Half Bath
1,501 Ft²
$3,428
Est. Monthly
$150
HOA / Fees
6.34%
Cap Rate
About This Property
Fantastic opportunity in this 10 year young townhouse with over
1500 sq ft, 3 bedrooms, 2.5 baths, FIRST FLOOR PRIMARY
BEDROOM SUITE with walk in closet, 2 CAR GARAGE, OVERSIZED PRIVATE
PATIO, and parking for 6-8 cars! This lovely home is one of only 2
units, and boasts open concept living, hardwood floors throughout
the 1st floor with cozy gas fireplace, gas cooking and gas heat,
central air, light and bright kitchen with granite countertops,
half bath, laundry and access to the basement. The second
floor offers 2 spacious bedrooms with a 'jack & jill' style full
bath and plenty of closet space. Amazing, partially fenced in
private backyard/patio with direct access to both the garage &
home. The large lot offers an oversized 2 car garage, parking for
6-8 cars and additional storage. Conveniently located less than 2
miles to Salisbury beach and downtown Newburyport, highways and
shopping. Easy maintenance vinyl siding and NO COST solar panels w/
incredible savings!
Unit Size
1,501 Ft²
Days on Market
-
Land Size
-
Price per sqft
$383
Property Type
Condo
Property Taxes
$454
HOA Dues
$150
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: 3 years ago (MLSPIN #73158078)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Oct 16, 2023 | In contract | - | |
| In contract | |||
| Oct 13, 2023 | Price Decreased |
$574,900
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Sep 11, 2023 | Listed by Keller Williams Realty Evolution | $599,900 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: Main, First
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant
Level: Main, First
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Features: Closet, Flooring - Wall to Wall Carpet
Level: Second
Features: Flooring - Hardwood, Open Floorplan
Level: Main, First
Features: Bathroom - Half, Flooring - Hardwood, Pedestal Sink
Level: Main, First
Features: Walk-In Closet(s), Flooring - Hardwood
Level: Main, First
Level: Main, First
Features: Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
Features: Bathroom - Full, Bathroom - Tiled With Tub, Closet, Flooring - Stone/Ceramic Tile
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Carpet, Hardwood
Laundry Features: First Floor, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Garage Faces Side, Off Street, Deeded, Paved
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: 2 Ferry Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Patio - Enclosed
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: C
Parcel Number: 4914180
Water Source: Public
Financial Details
Tax Assessed Value: $504,900
Tax Annual Amount: $5,453
Utilities Details
Utilities: for Gas Range, for Gas Dryer
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $150
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
07/10/2023
|
3 Bed
|
3 Bath
|
-
|
$599,900
3 Bed
3 Bath
|
-
-
|
The Luchini Homes Group
Keller Williams Realty
| |
|
09/11/2023
|
3 Bed
|
3 Bath
|
1501 ft²
|
$599,900
3 Bed
3 Bath
1501 ft²
|
$579,900
-3.33%
12/28/2023
|
Willis and Smith Group
Keller Williams Realty Evolution
| |
|
11/16/2013
|
3 Bed
|
3 Bath
|
1628 ft²
|
$294,900
3 Bed
3 Bath
1628 ft²
|
$291,000
-1.32%
03/28/2014
|
Joshua Naughton
RE/MAX Innovative Properties
| |
|
11/16/2013
|
3 Bed
|
2 Bath
|
1628 ft²
|
$289,900
3 Bed
2 Bath
1628 ft²
|
$286,000
-1.35%
02/06/2014
|
Joshua Naughton
RE/MAX Innovative Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017