$242,000
●
Condo -
Off Market
2 Valiant Way #2
Salem, MA 01970
1 Bed
1 Bath
885 Ft²
$386,353
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model
About This Property
One floor living at it's finest in this roomy but quaint 1 bedroom,
Putnam style unit at The Village at Vinnin Square Condominium.
Remodeled kitchen boasts coordinating counter tops, upgraded
cabinets w corner cabinet, lazy-susan and young appliances. Open
floor plan, LR/DR offers pretty landscaped views from all windows.
You will adore your private outdoor, covered patio surrounded by
backyard greenery. 15' Master bedroom has large walk in closet with
attached private storage room handy enough to function as an
office. The updated, full bath houses a wall to wall walk in
shower. 1 Car garage, in unit laundry, small pet friendly, pool,
tennis and clubroom. Meticulously maintained complex with pristine
grounds and serene setting. Conveniently located off Rte 1A &
Loring Ave with easy access to Salem, Marblehead and Swampscott and
a few block's length to shopping, restaurants, banking &
supermarkets. Public beach & public transportation within a
few miles. Heating/AC air handler 2016.
Unit Size
885 Ft²
Days on Market
-
Land Size
-
Price per sqft
$280
Property Type
Condo
Property Taxes
$272
HOA Dues
$373
Year Built
1980
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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: 5 years ago (MLSPIN #72184944)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2017 | Sold | ||
| Sold | |||
| Jun 20, 2017 | Listed by RE/MAX 360 | $247,500 | |
| Listed by RE/MAX 360 | |||
| Aug 16, 2013 | Sold | ||
| Sold | |||
| Mar 11, 2013 | Listed by Sagan Harborside Sotheby's International Realty | $189,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Spacious one level living at the desireable Village at Vinnin Square Condominium. Private patio off of living room. Storage room was converted into an office. Fairly new compressor, stove and dryer. Very large bedroom with large walk-in closet. Close to pool, clubhouse and tennis courts. Great value! Least expensive unit at the Village.
| |||
| Jun 26, 2003 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 8
Length: 12
Features: Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Remodeled, Washer Hookup
Area: 96
Width: 9
Features: Flooring - Laminate, Exterior Access, Open Floorplan
Length: 14
Level: First
Area: 126
Features: Bathroom - Full, Bathroom - With Shower Stall, Closet, Flooring - Stone/Ceramic Tile, Remodeled
Level: First
Length: 13
Level: First
Area: 182
Features: Closet, Flooring - Laminate, Window(s) - Picture, Exterior Access, Open Floorplan, Slider
Width: 14
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture
Level: First
Length: 15
Width: 13
Area: 195
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Laminate, Flooring - Wall to Wall Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 4
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Storage, Assigned, Off Street, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Village At Vinnin Square Condominium
Structure Type: Garden, Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Covered
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: Res
Parcel Number: 2129859
Water Source: Public
Financial Details
Tax Map Number: 21
Tax Assessed Value: $206,000
Tax Annual Amount: $3,268
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Heat Pump, Individual, Unit Control
Heating Type: Forced Air, Heat Pump, Electric, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Clubroom, Storage
Association Fee Frequency: Monthly
HOA Fee: $373
Community Features: Public Transportation, Shopping, Golf, Medical Facility, House of Worship, Public School, T-Station
Pets Allowed: Yes
Complex is Completed
Management: Professional - On 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 |
|---|---|---|---|---|---|---|---|
|
07/30/2017
| |
1 Bed
|
1 Bath
|
885 ft²
|
$247,500
1 Bed
1 Bath
885 ft²
|
$242,000
-2.22%
10/02/2017
|
Anita Horowitz Team
|
|
06/20/2017
|
1 Bed
|
1 Bath
|
885 ft²
|
$247,500
1 Bed
1 Bath
885 ft²
|
$242,000
-2.22%
10/02/2017
|
Luciano Leone Team
RE/MAX 360
| |
|
03/11/2013
|
1 Bed
|
1 Bath
|
885 ft²
|
$189,900
1 Bed
1 Bath
885 ft²
|
$189,900
08/16/2013
|
Jane Fields
Sagan Harborside Sotheby's International Realty
| |
|
06/05/2003
|
1 Bed
|
1 Bath
|
885 ft²
|
$225,000
1 Bed
1 Bath
885 ft²
|
$225,000
06/26/2003
|
Mitch Levine
Sagan Harborside Sotheby's International Realty
| |
|
12/13/2000
|
1 Bed
|
1 Bath
|
885 ft²
|
$152,000
1 Bed
1 Bath
885 ft²
|
$147,000
-3.29%
01/31/2001
|
Phyllis Levin
Sagan Harborside Sotheby's International Realty
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017