$595,000
●
House -
Off Market
3 Marion
Salem, MA
3 Beds
2 Baths,
1
Half Bath
1,698 Ft²
$647,141
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Welcome to 3 Marion Rd! This 3 bed 1.5 bath split-entry rests on a
quiet, newly paved street in South Salem. Upon entering, you're
greeted up the stairs with an open living-dining room layout with
bay window, exposed beams and new hardwood flooring throughout the
entire upper level. Kitchen island and breakfast nook open onto
your expansive three-season glassed in sunporch with vaulted
ceiling. Double sliding doors lead to gorgeous back deck
overlooking fenced in yard featuring 2 patios and terraced garden
ledge.Three good sized bedrooms and a full bath round out the first
floor. Downstairs find a large additional bonus room with wall to
wall carpet, walk-in closet and windows looking onto your front
yard. Perfect for a dedicated office, gym, playroom or teen suite!
Additional storage, laundry and spacious half bath leads you to the
attached garage. NEW FURNACE 2019 Water heater 2022
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$359
Property Type
House
Property Taxes
$500
HOA Dues
-
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (MLSPIN #73049786)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2022 | Sold | ||
| Sold | |||
| Oct 29, 2022 | In contract | - | |
| In contract | |||
| Oct 19, 2022 | Listed by Berkshire Hathaway HomeServices Warren Residential | $610,000 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: Main
Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Balcony / Deck, Kitchen Island, Breakfast Bar / Nook, Deck - Exterior, Recessed Lighting, Slider, Gas Stove, Peninsula, Breezeway
Level: Basement
Level: First
Features: Beamed Ceilings, Flooring - Hardwood, Balcony / Deck, Breakfast Bar / Nook, Deck - Exterior, Slider, Lighting - Overhead, Breezeway
Level: Main
Level: Main
Features: Beamed Ceilings, Closet, Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Lighting - Overhead
Level: Basement
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Wainscoting, Storage, Lighting - Overhead
Level: First
Level: First
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Open Floorplan, Slider, Lighting - Overhead, Breezeway, Sun Room
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: In Basement, Washer Hookup
Rooms: 7
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Storage, Workshop in Garage, Paved Drive, Off Street, Paved
Garage Spaces: 1
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Single Family Residence
Levels: Split Entry
Building Area Units: Square Feet
Window Features: Window(s) - Picture
Construction Materials: Frame
Patio and Porch Features: Deck - Exterior
Lead Paint: Unknown
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: R1
Parcel Number: 2130580
Water Source: Public
Financial Details
Tax Assessed Value: $453,200
Tax Annual Amount: $6,004
Utilities Details
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s), Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Private School, Public School, University
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017