$315,000
●
Condo -
Off Market
31 Appleton St #3
Salem, MA 01970
2 Beds
1 Bath
862 Ft²
$385,474
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model
About This Property
Get ready to fall in love with this bright and cheery penthouse gem
close to North Salem, the Commuter Rail and the abundant shops and
restaurants downtown! The tasteful 2005 renovation preserved many
of the charming, original features such as built-in shelves and
hardwood floors. A spacious and well-equipped eat-in kitchen,
generously sized bedrooms each with 2 closets, off-street parking
and a gorgeous common yard make this unit a delightful home. Brand
new roof and 2015 energy-efficient boiler! Well-managed,
pet-friendly association and low condo fee! Gas heat, additional
designated storage, entryway closet, and individual W/D. There is
so much to love! Check out the virtual tour and schedule an
appointment!
Unit Size
862 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$347
Property Type
Condo
Property Taxes
$273
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: 5 years ago (MLSPIN #72701965)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Keller Williams Realty North Central | $299,000 | |
| Listed by Keller Williams Realty North Central | |||
| Jun 28, 2013 | Sold | ||
| Sold | |||
| Apr 2, 2013 | Listed by Keller Williams Realty Boston Northwest | $179,900 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| | |||
|
New price!! Open Sunday 4/21 1-2:30 Light,bright & spacious with wood flooring throughout the living space, and bedrooms. Two generous bedrooms each with two closets. Off street parking, extra storage, and individual W/D. Well maintained association. Over sized kitchen with ample dining area. Nothing to do but move right in and enjoy North Salem / commuter routes and an easy convenient trek into town/ train. Shared yard. Energy efficient gas heat and more. Don't delay and see this today
| |||
| Jul 15, 2008 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Width: 12
Length: 14
Features: Ceiling Fan(s), Flooring - Laminate, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Wainscoting
Area: 168
Level: First
Features: Ceiling Fan(s), Flooring - Hardwood
Width: 13
Length: 11
Area: 143
Features: Bathroom - Tiled With Tub & Shower
Level: First
Length: 12
Level: First
Area: 180
Features: Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting
Width: 15
Features: Ceiling Fan(s), Flooring - Hardwood, Lighting - Sconce
Level: First
Length: 14
Width: 12
Area: 168
Features: Open Floorplan
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Laminate, Hardwood
Laundry Features: Gas Dryer Hookup, In Basement, In Building
Rooms: 4
Basement: Y
Parking Details
Parking Features: Off Street, Paved
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R2
Parcel Number: M:27 L:0232 S:803, 4512505
Water Source: Public
Financial Details
Tax Assessed Value: $226,700
Tax Annual Amount: $3,276
Utilities Details
Utilities: for Gas Range, for Gas Dryer
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Electricity, Water, Sewer, Insurance, Trash
Association Fee Frequency: Monthly
HOA Fee: $150
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
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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