$155,500
●
Condo -
Off Market
2 Lighting Lane #2
Salem, MA 01970
2 Beds
3 Baths,
1
Half Bath
1,638 Ft²
$711,743
RealtyHop Estimate
347.64%
Since May 1, 1996
MA-Boston
Primary Model
About This Property
PERFECT AND IMPECCABLE LARGE L CONDO MANY FEATURES AND UP-GRADES
INCLUDING FINISHED LOWER LEVEL PLUSH CARPETING CEILING FANS JACUZZI
C/C QUALITY BEYOND!
Unit Size
1,638 Ft²
Days on Market
-
Land Size
-
Price per sqft
$97
Property Type
Condo
Property Taxes
$147
HOA Dues
$157
Year Built
1986
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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 #30074517)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 1996 | Sold | ||
| Sold | |||
| Oct 23, 1995 | Listed | $159,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Level: First
Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Stone/Ceramic Tile, Hot Tub / Spa
Level: Second
Features: Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, Balcony / Deck
Features: Flooring - Wall to Wall Carpet
Level: First
Features: Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck
Level: Second
Level: First
Features: Flooring - Wall to Wall Carpet, Balcony / Deck
Level: Basement
Features: Flooring - Wall to Wall Carpet
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Gas Water Heater
Flooring Type: Tile, Carpet
Laundry Features: In Basement
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Hamlet
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: See Remarks
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Annual Amount: $1,759
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $157
Community Features: Public Transportation, Shopping, Walk/Jog Trails
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 |
|---|---|---|---|---|---|---|---|
|
10/23/1995
|
2 Bed
|
3 Bath
|
1638 ft²
|
$159,000
2 Bed
3 Bath
1638 ft²
|
$155,500
-2.20%
04/20/1996
|
Joanna Schrenko
Sagan Agency REALTORS®
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017