21 Settlers Way #21
About This Property
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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%.
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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.
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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.
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 | |||
| | |||
|
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.
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| May 24, 1996 | Sold | ||
| Sold | |||
| Feb 10, 1995 | Listed | $199,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017