FRESHLY PAINTED / NEW CARPETS - Beautiful 2rd Floor Condo at
Elliott Place! Completely renovated in 2006 move-in condition. 2
bedroom corner unit with e-i kitchen, granite counter tops,
stainless steel appliances, off-white cabinets, sun filled
spacious living/bedrooms, lots of closet space, in unit laundry,
extra storage, deeded parking, guest parking and BBQ area.
Close to Dane Street beach, Lynch Park, ½ mile to commuter rail,
Cummings Center, theater, restaurants and shops. Bonus feature
includes clubroom with fitness space on the 1st floor. Easy access
to Rte 128/ Rte 95 /Rte 107. Won't Last!!
Unit Size
796 Ft²
Days on Market
-
Land Size
-
Price per sqft
$242
Property Type
Condo
Property Taxes
$197
HOA Dues
$299
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.
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island
Level: Second
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Wall to Wall Carpet
Level: Second
Level: Second
Features: Flooring - Wall to Wall Carpet
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
31 Elliott
#2D,
Beverly, MA,
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