$599,500
●
Condo -
Off Market
21 Settlers Way #21
Salem, MA 01970
3 Beds
4 Baths,
1
Half Bath
2,912 Ft²
$999,417
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model
About This Property
Aggressive new Price! It's not likely you will find a Harbor
Front Single Family home with 2912+- sq ft of living space at this
price. "Direct Harbor Front" Tri-Level, End Unit w/ 10 rms/ 3
bdrms/ 3 ½ baths & Private Entrance. There's no denying that
Collins Cove Condominiums is one of Salem's most prestigious
locations. Harbor Front Liv Rm, fire place, sliders to private deck
(10x20) on the Harbor & Fam Rm/Library (or Master Bdrm Suite w/
private bath on main level). Gourmet kitchen. 2 generous sized
bedrooms on 2nd level. Finished lower level with 3rd bedroom,
kitchen/wet bar, living/media rm, office & show stopping, slate
bathroom w/ slate walk in shower. Lower level is ideal for extended
family or roommate w/ private entrance. Deeded 1 car garage & pkg
in front of garage for 1 extra car. A tremendous location & close
to downtown Salem,Train stop, Salem Willows, Pickering Wharf &
Salem Common. Community Club House & Dock. Pets ok w/ restrictions
to some breeds.
Unit Size
2,912 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
Condo
Property Taxes
$606
HOA Dues
$567
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 #72004649)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2016 | Sold | ||
| Sold | |||
| May 12, 2016 | Listed by Sagan Harborside Sotheby's International Realty | $599,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| May 24, 1996 | Sold | ||
| Sold | |||
| Feb 10, 1995 | Listed | $199,000 | |
| Listed | |||
| | |||
|
ELEGANT WATERFRON TOWNHOME INCLUDES MASTER SUITE ON THE 1ST FLOOR, 3 BDRMS, 2 1/2 BATHS, MARBLE FIREPLACE, DECK, GARAGE CENTRAL AIR AND FABULOUS VIEWS
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Width: 11
Length: 13
Features: Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting, Remodeled
Area: 143
Level: Second
Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Marble, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting, Remodeled
Level: Second
Features: Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Recessed Lighting
Width: 10
Length: 14
Area: 140
Width: 9
Features: Flooring - Stone/Ceramic Tile, Recessed Lighting
Length: 13
Level: Main
Area: 117
Features: Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Recessed Lighting
Width: 11
Length: 15
Area: 165
Level: Basement
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Marble, Countertops - Upgraded, Recessed Lighting, Remodeled
Level: Main
Length: 18
Level: Main
Area: 270
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Slider
Width: 15
Length: 19
Level: Main
Features: Bathroom - Full, Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup, Recessed Lighting
Width: 15
Area: 285
Features: Bathroom - Full, Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Flooring - Marble, Window(s) - Picture, Recessed Lighting, Remodeled
Level: Second
Length: 17
Width: 15
Area: 255
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded
Level: Basement
Level: Basement
Features: Closet
Features: No
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathroom - Half, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Cable Hookup, Recessed Lighting, Closet, Bathroom, Kitchen, Living/Dining Rm Combo, Office
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vacuum System, Second Dishwasher, Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Hardwood, Stone / Slate, Flooring - Stone/Ceramic Tile, Flooring - Marble, Flooring - Hardwood
Laundry Features: Second Floor, In Unit
Rooms: 10
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Storage, Deeded, Off Street, Common, Guest, Driveway, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Security Features: Security System
Property Condition: Remodeled
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Collins Cove-Salem Condominiums
Structure Type: Townhouse, Attached
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:42 L:0005 S:821, 2138183
Water Source: Public
Financial Details
Tax Assessed Value: $464,100
Tax Annual Amount: $7,272
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Central Air, Heat Pump, Individual
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, Reserve Funds
HOA/Condo/Coop Amenities: Clubroom, Boat Dock
Association Fee Frequency: Monthly
HOA Fee: $567
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, House of Worship, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
05/12/2016
|
3 Bed
|
4 Bath
|
2912 ft²
|
$599,900
3 Bed
4 Bath
2912 ft²
|
$599,500
-0.07%
08/29/2016
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
02/10/1995
|
3 Bed
|
3 Bath
|
2000 ft²
|
$199,000
3 Bed
3 Bath
2000 ft²
|
$185,000
-7.04%
05/24/1996
|
Betsy Merry
Coldwell Banker Residential Brokerage - Salem
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017