3 Dewey Dr. #3C
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2018 | Sold | ||
| Sold | |||
| Feb 21, 2018 | Listed by Keller Williams Realty Evolution | $289,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
A Great Opportunity Awaits you in Salem's much sought after Pickman Park! This multi-level townhouse boast hardwood flooring on 1st 2 levels, a fireplaced livingroom w/ lots of natural light brought in through the slider that leads to a deck where you can enjoy your own private wooded sanctuary after a long stressful day, fully appl. kitchen w/ center island, dining area, 1/2 bath off kitchen w/ in unit laundry, 2 large bdrs. and full bath on upper levels. Central A/C for those warm summer days, central vac and an attached garage w/ extra storage area is a great plus. This home also offers many outdoor amenities such as a community clubhouse, swimming pool, tennis courts, and beautiful nature trails. Close to Salem State University, commuter rails, Salem/Boston water ferry, Olde Salem Greens Golf Course, Forest River Conservation area and downtown Salem which offers lots of restaurants and entertainment! This delightful home with so much to offer is just waiting for its new owner!
| |||
| Oct 29, 2015 | Sold | ||
| Sold | |||
| Jul 8, 2015 | Listed by Lyv Realty | $255,000 | |
| Listed by Lyv Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/01/2022
|
2 Bed
|
2 Bath
|
1682 ft²
|
$469,000
2 Bed
2 Bath
1682 ft²
|
$492,500
+5.01%
07/08/2022
|
Marina Tramontozzi
True North Realty
| |
|
02/21/2018
|
2 Bed
|
2 Bath
|
1682 ft²
|
$289,000
2 Bed
2 Bath
1682 ft²
|
$290,000
+0.35%
04/30/2018
|
Julie Costa
Keller Williams Realty
| |
|
04/21/2016
|
3 Bed
|
2 Bath
|
1600 ft²
|
$250,000
3 Bed
2 Bath
1600 ft²
|
$256,000
+2.40%
10/04/2016
|
Steven Lynch
Coldwell Banker Realty - Marblehead
| |
|
07/08/2015
|
2 Bed
|
2 Bath
|
1682 ft²
|
$255,000
2 Bed
2 Bath
1682 ft²
|
$255,000
10/29/2015
|
Julie Spadorcia
Century 21 North East
| |
|
06/23/2015
|
2 Bed
|
1 Bath
|
1600 ft²
|
$259,900
2 Bed
1 Bath
1600 ft²
|
$260,000
+0.04%
08/19/2015
|
Kimberly Dowling
Carrington Real Estate Services, LLC
| |
|
06/04/2014
|
2 Bed
|
1 Bath
|
1682 ft²
|
$254,900
2 Bed
1 Bath
1682 ft²
|
$247,000
-3.10%
08/29/2014
|
Stanley Lastoff
Porter Square Realty
| |
|
10/21/2010
|
2 Bed
|
2 Bath
|
1600 ft²
|
$249,900
2 Bed
2 Bath
1600 ft²
|
$236,900
-5.20%
03/08/2011
|
Mary Ellen Galaris
Vylla Home
| |
|
06/08/2005
|
2 Bed
|
1 Bath
|
1682 ft²
|
$299,900
2 Bed
1 Bath
1682 ft²
|
$299,900
09/01/2005
|
Leonette Strout
Keller Williams Realty Evolution
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017