$260,000
●
Condo -
Off Market
233 Beach Rd #A5
Salisbury, MA 01952
2 Beds
2 Baths
1,360 Ft²
$576,684
RealtyHop Estimate
113.67%
Since Apr 1, 2010
National-US
Primary Model
About This Property
One of two remaining corner flats with ocean views available in
Phase 1. Enjoy the sunrise or the Friday night fireworks from your
very large covered corner deck. Excellent sunlight from all rooms,
with large insulated windows. Modern kitchens and bathrooms
(granite, stainless, hardwood). So much more than the interiors.
900 short steps to the beach, fitness room, theatre room, large
community deck. Finally the New England summer you've always
wanted! Open 11-4 Wednesday - Sunday.
Unit Size
1,360 Ft²
Days on Market
-
Land Size
-
Price per sqft
$198
Property Type
Condo
Property Taxes
-
HOA Dues
$298
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #70920928)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by Tom Saab Real Estate | $444,900 | |
| Listed by Tom Saab Real Estate | |||
| | |||
|
STILL SHOWING FOR BACK UP OFFERS. Ocean Views here at South Beach Landing Condominium located in the heart of Salisbury Beach. This corner flat unit features 2 bedrooms, 2 baths, and fits perfectly for New England Seacoast living. Excellent use of the 1275 sq ft with an open kitchen/dining/living room area to main bedroom with a balcony facing the ocean. Primary bedroom also features two double closets, and full ensuite bath with a double vanity. Hardwood floors, stainless steel appliances, and 2 covered parking spots. Common area gym and entertainment rooms. Unique, to the complex, with 2 deeded, indoor storage areas next to your unit. Sellers have condo in pristine condition, ready for you to move in and enjoy the rest of summer and the beautiful, fall season. Private wrap around deck with stunning sunrise and sunset views. Easy access to Salisbury State Beach Reservation as well. $10,000 back at closing for future building upgrades. Limited, scheduled showings.
| |||
| Mar 24, 2010 | Sold | ||
| Sold | |||
| May 19, 2009 | Listed by StreamLine Communities - Salem | $269,900 | |
| Listed by StreamLine Communities - Salem | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Washer Hookup
Rooms: 4
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Assigned
Garage Spaces: 2
Exterior Details
Has Property Attached
Entry Level: 3
Year Built Source: Owner
Year Built Details: Actual, Finished, Never Occupied
PropertySubType: Condominium
Building Name: South Beach Landing
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: 2147481
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $259,900
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Elevator(s), Fitness Center, Clubroom
HOA Fee: $298
Community Features: Shopping, Park, Walk/Jog Trails, Other
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
04/10/2026
|
3 Bed
|
2 Bath
|
1785 ft²
|
$779,900
3 Bed
2 Bath
1785 ft²
|
-
-
|
Darlene Boudreau
KSRJ Signature Realty Group
| |
|
03/16/2026
|
2 Bed
|
2 Bath
|
1275 ft²
|
$479,900
2 Bed
2 Bath
1275 ft²
|
-
-
|
Craig Grogan
Bentley's
| |
|
03/25/2026
|
2 Bed
|
2 Bath
|
1377 ft²
|
$585,000
2 Bed
2 Bath
1377 ft²
|
$570,000
-2.56%
08/07/2026
|
Justin Haley
Fruh Realty, LLC
| |
|
04/12/2024
|
2 Bed
|
3 Bath
|
1385 ft²
|
$539,900
2 Bed
3 Bath
1385 ft²
|
-
-
|
Colleen Guillou
RE/MAX Bentley's
| |
|
03/15/2024
|
2 Bed
|
2 Bath
|
1385 ft²
|
$493,900
2 Bed
2 Bath
1385 ft²
|
$466,600
-5.53%
05/10/2024
|
Brittany Saab
Tom Saab Real Estate
| |
|
10/12/2023
|
2 Bed
|
3 Bath
|
-
|
$599,900
2 Bed
3 Bath
|
-
-
|
Colleen Guillou
RE/MAX Bentley's
| |
|
09/27/2023
|
2 Bed
|
2 Bath
|
1275 ft²
|
$439,900
2 Bed
2 Bath
1275 ft²
|
$445,000
+1.16%
12/21/2023
|
Barb Cullen
Keller Williams - Greater Newburyport
| |
|
08/15/2023
|
2 Bed
|
2 Bath
|
1275 ft²
|
$439,900
2 Bed
2 Bath
1275 ft²
|
$444,900
+1.14%
10/20/2023
|
Sherrie Frisone
Diamond Key Real Estate/ Haverhill
| |
|
05/23/2023
|
2 Bed
|
3 Bath
|
-
|
$559,900
2 Bed
3 Bath
|
-
-
|
Melissa Corkum
Coldwell Banker Realty - Newburyport
| |
|
07/12/2023
|
2 Bed
|
2 Bath
|
1275 ft²
|
$489,900
2 Bed
2 Bath
1275 ft²
|
$420,000
-14.27%
10/11/2023
|
Deanna Shelley
Bentley's
| |
|
05/31/2023
|
3 Bed
|
3 Bath
|
1785 ft²
|
$689,900
3 Bed
3 Bath
1785 ft²
|
$650,000
-5.78%
07/14/2023
|
Michael Page
LAER Realty Partners
| |
|
04/20/2023
|
2 Bed
|
2 Bath
|
1376 ft²
|
$549,900
2 Bed
2 Bath
1376 ft²
|
$560,000
+1.84%
05/17/2023
|
Robert Bentley
Bentley's
| |
|
02/07/2022
|
2 Bed
|
3 Bath
|
1514 ft²
|
$485,000
2 Bed
3 Bath
1514 ft²
|
$490,000
+1.03%
06/06/2022
|
Melissa Corkum
Coldwell Banker Realty - Newburyport
| |
|
01/07/2022
|
2 Bed
|
2 Bath
|
1275 ft²
|
$429,900
2 Bed
2 Bath
1275 ft²
|
$400,000
-6.96%
03/24/2022
|
Lori Lacey
Lamacchia Realty, Inc.
| |
|
01/07/2021
|
2 Bed
|
3 Bath
|
1434 ft²
|
$444,999
2 Bed
3 Bath
1434 ft²
|
$435,000
-2.25%
05/07/2021
|
Rachel Abdulla
Fruh Realty, LLC
| |
|
08/31/2020
|
2 Bed
|
2 Bath
|
1275 ft²
|
$379,000
2 Bed
2 Bath
1275 ft²
|
$389,000
+2.64%
10/16/2020
|
Property Resolutions Group
The Virtual Realty Group
| |
|
05/28/2020
|
2 Bed
|
2 Bath
|
1385 ft²
|
$424,999
2 Bed
2 Bath
1385 ft²
|
$420,000
-1.18%
10/09/2020
|
Ron Supino
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
07/05/2019
|
2 Bed
|
2 Bath
|
1376 ft²
|
$479,000
2 Bed
2 Bath
1376 ft²
|
$470,000
-1.88%
10/01/2019
|
Ron Supino
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
10/30/2018
|
2 Bed
|
2 Bath
|
1275 ft²
|
$359,900
2 Bed
2 Bath
1275 ft²
|
$352,000
-2.20%
01/30/2019
|
Erica Puorro
Stone Ridge Properties, Inc.
| |
|
09/20/2018
|
3 Bed
|
2 Bath
|
1785 ft²
|
$520,000
3 Bed
2 Bath
1785 ft²
|
$495,000
-4.81%
12/03/2018
|
Louise Murphy
Bentley's
| |
|
03/15/2018
|
3 Bed
|
2 Bath
|
1785 ft²
|
$489,900
3 Bed
2 Bath
1785 ft²
|
$485,000
-1.00%
01/10/2019
|
Ellie DiPaolo
RE/MAX On The River, Inc.
| |
|
03/15/2018
|
3 Bed
|
2 Bath
|
1785 ft²
|
$489,900
3 Bed
2 Bath
1785 ft²
|
$489,900
07/31/2018
|
Ellie DiPaolo
RE/MAX On The River, Inc.
| |
|
10/24/2017
|
3 Bed
|
2 Bath
|
1785 ft²
|
$459,900
3 Bed
2 Bath
1785 ft²
|
$459,900
04/27/2018
|
Ellie DiPaolo
RE/MAX On The River, Inc.
| |
|
09/25/2017
|
3 Bed
|
2 Bath
|
1785 ft²
|
$444,900
3 Bed
2 Bath
1785 ft²
|
$444,900
11/09/2017
|
Ellie DiPaolo
RE/MAX On The River, Inc.
| |
|
09/25/2017
|
Loft
|
3 Bath
|
1785 ft²
|
$469,900
Loft
3 Bath
1785 ft²
|
$469,900
05/03/2018
|
Robyn Renahan
Keller Williams Realty
| |
|
07/08/2017
|
3 Bed
|
2 Bath
|
1785 ft²
|
$479,900
3 Bed
2 Bath
1785 ft²
|
$479,900
09/01/2017
|
Kevin O'Grady
Coldwell Banker Realty - Premier Communities
| |
|
05/13/2015
|
2 Bed
|
3 Bath
|
1385 ft²
|
$299,900
2 Bed
3 Bath
1385 ft²
|
$299,900
07/30/2015
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
06/12/2014
|
2 Bed
|
2 Bath
|
1275 ft²
|
$275,000
2 Bed
2 Bath
1275 ft²
|
$252,500
-8.18%
07/31/2014
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
03/17/2014
|
2 Bed
|
2 Bath
|
1514 ft²
|
$264,900
2 Bed
2 Bath
1514 ft²
|
$264,900
06/25/2014
|
Jack Mahoney
RE/MAX Bentley's
| |
|
03/09/2014
|
2 Bed
|
3 Bath
|
1385 ft²
|
$299,000
2 Bed
3 Bath
1385 ft²
|
$290,000
-3.01%
04/09/2014
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
02/24/2014
|
2 Bed
|
3 Bath
|
1514 ft²
|
$273,500
2 Bed
3 Bath
1514 ft²
|
$259,000
-5.30%
05/23/2014
|
Tony Ducharme
Coco, Early & Associates
| |
|
04/23/2013
|
2 Bed
|
2 Bath
|
1360 ft²
|
$259,900
2 Bed
2 Bath
1360 ft²
|
$255,000
-1.89%
10/10/2013
|
John Wells
Century 21 Wellsco
| |
|
01/22/2013
|
2 Bed
|
3 Bath
|
1500 ft²
|
$287,000
2 Bed
3 Bath
1500 ft²
|
$275,000
-4.18%
08/08/2013
|
Robert Bentley
Bentley's
| |
|
06/02/2011
|
2 Bed
|
2 Bath
|
1514 ft²
|
$375,000
2 Bed
2 Bath
1514 ft²
|
-
-
|
Dale Mcdonough
Tom Saab Real Estate
| |
|
07/30/2010
|
2 Bed
|
2 Bath
|
1514 ft²
|
$299,900
2 Bed
2 Bath
1514 ft²
|
-
-
|
Gail Tufts
RE/MAX On The River, Inc.
| |
|
06/18/2009
|
2 Bed
|
2 Bath
|
1360 ft²
|
$289,900
2 Bed
2 Bath
1360 ft²
|
$277,000
-4.45%
02/01/2010
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/25/2009
|
2 Bed
|
2 Bath
|
1360 ft²
|
$244,900
2 Bed
2 Bath
1360 ft²
|
$244,900
02/24/2010
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/25/2009
|
2 Bed
|
2 Bath
|
1360 ft²
|
$259,900
2 Bed
2 Bath
1360 ft²
|
$254,900
-1.92%
04/15/2010
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/25/2009
|
2 Bed
|
2 Bath
|
1514 ft²
|
$304,900
2 Bed
2 Bath
1514 ft²
|
$285,000
-6.53%
07/02/2010
|
Devin Caglayan
All County Select Property Management
| |
|
05/25/2009
|
2 Bed
|
2 Bath
|
1514 ft²
|
$296,900
2 Bed
2 Bath
1514 ft²
|
$291,000
-1.99%
09/10/2009
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/25/2009
|
2 Bed
|
2 Bath
|
1514 ft²
|
$249,900
2 Bed
2 Bath
1514 ft²
|
$239,000
-4.36%
09/25/2009
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/25/2009
|
2 Bed
|
2 Bath
|
1360 ft²
|
$259,900
2 Bed
2 Bath
1360 ft²
|
$254,900
-1.92%
03/22/2010
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/25/2009
|
2 Bed
|
3 Bath
|
1514 ft²
|
$289,900
2 Bed
3 Bath
1514 ft²
|
$280,000
-3.41%
12/09/2009
|
Daniel Hussey
StreamLine Communities - Salem
| |
|
05/19/2009
|
2 Bed
|
2 Bath
|
1514 ft²
|
$329,900
2 Bed
2 Bath
1514 ft²
|
$320,000
-3.00%
03/19/2010
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/19/2009
|
2 Bed
|
2 Bath
|
1360 ft²
|
$269,900
2 Bed
2 Bath
1360 ft²
|
$260,000
-3.67%
03/24/2010
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/19/2009
|
2 Bed
|
2 Bath
|
1360 ft²
|
$289,900
2 Bed
2 Bath
1360 ft²
|
$284,900
-1.72%
11/02/2009
|
Daniel Hussey
Prime Time Communities - Salisbury
| |
|
05/19/2009
|
2 Bed
|
2 Bath
|
1514 ft²
|
$259,900
2 Bed
2 Bath
1514 ft²
|
$254,900
-1.92%
07/08/2010
|
Devin Caglayan
All County Select Property Management
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017