$176,000
●
Condo -
Off Market
2 D Nimitz Way #2D
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
1,640 Ft²
$501,415
RealtyHop Estimate
195.12%
Since Jun 1, 2000
MA-Boston
Primary Model
About This Property
END UNIT, SOUTHERN EXPOSURE, LARGE KITCHEN, DINING AREA, DECK,
FIREPLACE IN LIVING ROOM, GARAGE, POOL AND TENNIS COURT.
Unit Size
1,640 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
Condo
Property Taxes
$156
HOA Dues
$184
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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 #30403073)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2000 | Sold | ||
| Sold | |||
| Apr 15, 2000 | Listed | $169,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: Second
Features: Dining Area
Level: Second
Level: Third
Features: Flooring - Wall to Wall Carpet
Level: First
Features: Flooring - Wall to Wall Carpet, Balcony / Deck
Level: Third
Level: First
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Carpet, Other
Laundry Features: Washer Hookup
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street, Tandem
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Pickman Park
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RESIDENTIA
Parcel Number: 2130339
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $131,800
Tax Annual Amount: $1,876
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool, Tennis Court(s)
HOA Fee: $184
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 |
|---|---|---|---|---|---|---|---|
|
09/18/2018
|
2 Bed
|
2 Bath
|
1640 ft²
|
$289,900
2 Bed
2 Bath
1640 ft²
|
$300,000
+3.48%
11/06/2018
|
Frank Spadafora
Century 21 North East
| |
|
11/10/2017
|
2 Bed
|
1 Bath
|
1640 ft²
|
$284,900
2 Bed
1 Bath
1640 ft²
|
$290,000
+1.79%
12/22/2017
|
Amy Sweeney
MerryFox Realty
| |
|
05/07/2014
|
2 Bed
|
2 Bath
|
1640 ft²
|
$234,900
2 Bed
2 Bath
1640 ft²
|
$226,500
-3.58%
06/30/2014
|
Paul DalBon
Keller Williams Realty Evolution
| |
|
04/28/2011
|
2 Bed
|
2 Bath
|
1600 ft²
|
$209,000
2 Bed
2 Bath
1600 ft²
|
$200,000
-4.31%
07/08/2011
|
Patrick Lydon
USA Real Estate Advisors
| |
|
08/12/2010
|
2 Bed
|
2 Bath
|
1600 ft²
|
$212,000
2 Bed
2 Bath
1600 ft²
|
$205,000
-3.30%
02/03/2011
|
Tishey Noiseux
Tishey Noiseux R. E.
| |
|
01/30/2006
|
2 Bed
|
1 Bath
|
1600 ft²
|
$294,500
2 Bed
1 Bath
1600 ft²
|
$290,000
-1.53%
03/21/2006
|
Robert Soltz
Sagan Harborside Sotheby's International Realty
| |
|
05/23/2003
|
2 Bed
|
2 Bath
|
1600 ft²
|
$247,500
2 Bed
2 Bath
1600 ft²
|
$245,000
-1.01%
07/15/2003
|
Donna Lambert
Churchill Properties
| |
|
04/15/2000
|
2 Bed
|
2 Bath
|
1640 ft²
|
$169,900
2 Bed
2 Bath
1640 ft²
|
$176,000
+3.59%
05/31/2000
|
Maryellen Farrar
Coldwell Banker Residential Brokerage - Marblehead
| |
|
06/07/1996
|
Loft
|
2 Bath
|
1250 ft²
|
$117,500
Loft
2 Bath
1250 ft²
|
$114,000
-2.98%
08/13/1996
|
Ellsworth Lord
Ellsworths Choice Properties
|
Building Info
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