1
Map
$229,900
●
Condo -
Off Market
31 Appleton Street #21
Salem, MA 01970
2 Beds
1 Bath
900 Ft²
$421,163
RealtyHop Estimate
83.19%
Since Feb 1, 2005
MA-Boston
Primary Model
About This Property
Brand new conversion in circa 1890 Victorian in sought-after
Kernwood Country Club area. Designer kitchen with Corian counters
and stainless steel appliances. Designer colors. Includes parking,
storage and washer/dryer hookups. Enclosed porch.Walk to train.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$255
Property Type
Condo
Property Taxes
-
HOA Dues
$150
Year Built
-
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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: 6 months ago (MLSPIN #70111113)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2005 | Sold | ||
| Sold | |||
| Oct 29, 2004 | Listed by J. Barrett & Company | $229,900 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Brand new conversion in circa 1890 Victorian in sought-after Kernwood Country Club area. Designer kitchen with Corian counters and stainless steel appliances. Designer colors. Includes parking, storage and washer/dryer hookups. Enclosed porch.Walk to train.
| |||
Property Highlights
Parking Available
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Wood, Tile
Laundry Features: Washer Hookup
Rooms: 5
Basement: Y
Exterior Details
Square Footage: 900
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1890
Building Name: 31 Appleton Street Condominium
Building Area Total: 900
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds
HOA Fee: $150
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 |
|---|---|---|---|---|---|---|---|
|
07/31/2020
|
2 Bed
|
1 Bath
|
862 ft²
|
$299,000
2 Bed
1 Bath
862 ft²
|
$315,000
+5.35%
10/01/2020
|
MJT Group Boston
Keller Williams Realty North Central
| |
|
07/02/2015
|
2 Bed
|
1 Bath
|
895 ft²
|
$223,900
2 Bed
1 Bath
895 ft²
|
$219,000
-2.19%
08/31/2015
|
Melody Roloff
Premier Realty Group, Inc.
| |
|
12/10/2013
|
2 Bed
|
1 Bath
|
917 ft²
|
$215,000
2 Bed
1 Bath
917 ft²
|
$214,000
-0.47%
06/13/2014
|
Jenny May
J. Barrett & Company
| |
|
04/02/2013
|
2 Bed
|
1 Bath
|
862 ft²
|
$179,900
2 Bed
1 Bath
862 ft²
|
$179,900
06/28/2013
|
Sarah MacBurnie
Granite State Oceans Edge
| |
|
04/23/2011
|
2 Bed
|
1 Bath
|
917 ft²
|
$182,500
2 Bed
1 Bath
917 ft²
|
-
-
|
Terrence Sullivan
RE/MAX 360
| |
|
10/16/2010
|
2 Bed
|
1 Bath
|
917 ft²
|
$179,000
2 Bed
1 Bath
917 ft²
|
-
-
|
Listing Group
Lamacchia Realty, Inc.
| |
|
01/21/2009
|
2 Bed
|
1 Bath
|
895 ft²
|
$209,900
2 Bed
1 Bath
895 ft²
|
$197,000
-6.15%
05/26/2009
|
Paul Herrick
Herrick Lutts Realty Partners
| |
|
02/05/2008
|
2 Bed
|
1 Bath
|
862 ft²
|
$199,900
2 Bed
1 Bath
862 ft²
|
$200,500
+0.30%
07/15/2008
|
Paul Herrick
Herrick Lutts Realty Partners
| |
|
10/29/2004
|
2 Bed
|
1 Bath
|
917 ft²
|
$229,900
2 Bed
1 Bath
917 ft²
|
$228,000
-0.83%
02/15/2005
|
Ted Richard
J. Barrett & Company
| |
|
10/29/2004
|
2 Bed
|
1 Bath
|
900 ft²
|
$229,900
2 Bed
1 Bath
900 ft²
|
$229,900
01/27/2005
|
Ted Richard
J. Barrett & Company
| |
|
06/09/1997
| |
6 Bed
|
-
|
3000 ft²
|
$205,000
6 Bed
-
3000 ft²
|
$205,000
07/18/1997
|
Donald Lavender
Carlson GMAC Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017