$410,000
●
House -
Off Market
20 Albion Street
Salem, MA 01970
3 Beds
2 Baths,
1
Half Bath
1,848 Ft²
$652,244
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model
About This Property
NEW CONSTRUCTION - There is so much to get excited about in this
"like new" 2012 Colonial with thoughtful contemporary touches. This
7Room/3Bed/2.5Bath home is sun filled and features an open first
floor living/dining/kitchen area with home office. The kitchen has
stainless appliances/extra large island/granite counter tops. The
king master has a walk in closet and en suite bath with dual
vanities/soaking tub/separate shower. The second floor has 2
additional queen bedrooms with large closets, bathroom and laundry
with high end commercial grade washer/dryer. Central air
conditioning and beautiful hardwood floors throughout. Expansion
potential in basement including plumbing for an additional bath.
Fenced yard with a large deck, garden area and 5 car parking. Close
proximity to train and wonderful downtown Salem. ***Showings begin
Friday April 15 by appointment, Sunday Open House April 17
11:30-1:00, First Offer Review Monday April 18 at 3PM***
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$211
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
2012
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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: 6 months ago (MLSPIN #71985884)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2016 | Sold | ||
| Sold | |||
| Apr 10, 2016 | Listed by RE/MAX 360 | $389,900 | |
| Listed by RE/MAX 360 | |||
| | |||
|
NEW CONSTRUCTION - There is so much to get excited about in this "like new" 2012 Colonial with thoughtful contemporary touches. This 7Room/3Bed/2.5Bath home is sun filled and features an open first floor living/dining/kitchen area with home office. The kitchen has stainless appliances/extra large island/granite counter tops. The king master has a walk in closet and en suite bath with dual vanities/soaking tub/separate shower. The second floor has 2 additional queen bedrooms with large closets, bathroom and laundry with high end commercial grade washer/dryer. Central air conditioning and beautiful hardwood floors throughout. Expansion potential in basement including plumbing for an additional bath. Fenced yard with a large deck, garden area and 5 car parking. Close proximity to train and wonderful downtown Salem. ***Showings begin Friday April 15 by appointment, Sunday Open House April 17 11:30-1:00, First Offer Review Monday April 18 at 3PM***
| |||
| Jan 18, 2013 | Sold | ||
| Sold | |||
| Nov 9, 2012 | Listed by RE/MAX 360 | $369,900 | |
| Listed by RE/MAX 360 | |||
| | |||
|
NEW CONSTRUCTION! 3 Bdrm, 2.5 Bath Colonial in quiet neighborhood situated on a large level lot. Lovely open 1st floor plan, living, dining, kitchen with maple cabinetry & 6-ft island..office/guest room. 2nd flr - laundry, bdrms, full bath, large master bath w/ neo-angle shower, pull-down attic stair. Hdwd floors, 5 car paved driveway off Nichols St nice level yard, rough plumbing in basement for future bath & family room.
| |||
| Dec 17, 2009 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
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