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$149,500
● Condo - Off Market

200 Market #3308

bedrooms
1 Bed
bathrooms
1 Bath
square feet
560 Ft²
$279,445
RealtyHop Estimate
83.24%
Since May 1, 2005
National-US
Primary Model

About This Property

Brand new beautiful sunny condo in newly refurbished brick mill in desirable downtown artist district. Fully applianced kitchen with maple cabinets, washer & dryer, wall-to-wall carpet and huge windows overlooking canal. Condo fee includes heat, central air, water, sewer, trash, ext. maintenance, master insurance, extra storage and one parking spot in nearby garage. Walk to train, shopping, restaurants, cafes and nightlife. Easy access to major highways. Currently the only unit available on the
Unit Size
560 Ft²
Days on Market
-
Land Size
-
Price per sqft
$272
Property Type
Condo
Property Taxes
-
HOA Dues
$196
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: 4 years ago (MLSPIN #70162057)

Price History

Date / Event Date Event Price
Apr 29, 2005 Sold
Premium
Sold
Mar 24, 2005 Listed by Keller Williams Realty-Merrimack $152,500
Listed by Keller Williams Realty-Merrimack

Property Highlights

Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features: First Floor
Rooms: 3
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Assigned
Garage Spaces: 1
Exterior Details
Entry Level: 3
Security Features: TV Monitor
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Canal Place 3
Structure Type: Garden
Stories (Total): 5
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: S1
Parcel Number: 4461046
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Elevator(s), Storage
HOA Fee: $196
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70162057
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