Luxury abounds at Elliott Landing. From your private residence with
top line finishes to the welcoming lobby with seating and stone
hearth, from the Essex Room with fireplaced lounge, with full
kitchen, game, gym and media centers for larger gatherings and a
garden court with outdoor fireplace and grilling stations, you are
surrounded by comfort and luxury. Your home offers a large open
concept plan with 2 bedrooms and 2 bathrooms filled with light from
the floor to ceiling windows and hardwood floors running throughout
the main living area including the kitchen, dining room, and living
room. The dream kitchen includes beautiful granite counter tops,
stainless steel GE appliances, a pantry, and a large expansive
center island. A master suite with two walk in closets, additional
bedroom with custom black out shades for maximum energy efficiency,
and dedicated laundry space complete this home. Includes extra
storage space in the building. Same floor deeded covered parking is
included.
Unit Size
1,275 Ft²
Days on Market
-
Land Size
-
Price per sqft
$408
Property Type
Condo
Property Taxes
$445
HOA Dues
$465
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.
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Electric Range
HOA/Condo/Coop Amenities: Hot Water, Elevator(s), Recreation Facilities, Fitness Center, Clubroom, Storage, Garden Area, Clubhouse
Association Fee Frequency: Monthly
HOA Fee: $465
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
201 Elliott
#409,
Beverly, MA,
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