$415,000
●
Condo -
Off Market
31 First #C
Salem, MA
2 Beds
3 Baths
1,560 Ft²
$444,913
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Rarely available townhouse condo at the Cloisters in Salem, MA.
Situated in a beautiful private setting this 2 bedroom,
2.5 bath will not disappoint. The kitchen features granite
counters, sliders to a large desk and pretty views of the majestic
Pine trees. The large master ensuite is spacious with ample
closet space, soaring ceilings and lots of natural sunlight.
Fireplaced living room can also access the deck for expanding
into the outdoors while entertaining family and friends.Two car
tandem garage has recent new flooring.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
-
Price per sqft
$256
Property Type
Condo
Property Taxes
$352
HOA Dues
$448
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: 5 years ago (MLSPIN #72893137)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Sep 10, 2021 | Listed by Coldwell Banker Realty - Beverly | $399,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: Main
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Balcony / Deck, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Peninsula
Level: Second
Features: Bathroom - Full, Bathroom - With Tub & Shower
Level: Second
Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet, Exterior Access
Level: First
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Features: Bathroom - Full, Closet, Flooring - Stone/Ceramic Tile, Dressing Room
Level: Second
Level: First
Features: Flooring - Wall to Wall Carpet, Exterior Access, Slider
Level: Basement
Features: Bathroom - Full, Bathroom - With Tub & Shower
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Exercise Room
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: The Cloisters
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 2128066
Water Source: Public
Financial Details
Tax Assessed Value: $306,300
Tax Annual Amount: $4,226
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $448
Community Features: Public Transportation, Shopping, Medical Facility, House of Worship, University
Complex is Completed
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017