$555,100
●
Condo -
Off Market
35 Washington Square #2
Salem, MA 01970
3 Beds
1 Bath,
1
Half Bath
1,275 Ft²
$696,046
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model
About This Property
IMPRESSIVE BRICK FEDERAL ON SALEM COMMON IS UP FOR GRABS! Period
detail and history located on an unrivaled setting facing Salem
Common will not disappoint! Over 9ft high soaring ceilings.
Intricate trim work throughout, extra large windows to let this
sunny and bright home shine. There are 3 bedrooms, 1.5 baths, a
fireplace, an awesome living room and formal dining room. Parking
for 1 off street in the heart of it all. The kitchen has oversized
cabinets and has been updated with granite countertops. There is
also in unit laundry. SHOWINGS BEGIN AT OPEN HOUSE SATURDAY AND
SUNDAY 9/5 & 9/6 FROM 11AM-12:30PM WILL NOT LAST. OFFERS DUE
TUESDAY SEPT 8TH 12PM.
Unit Size
1,275 Ft²
Days on Market
-
Land Size
-
Price per sqft
$423
Property Type
Condo
Property Taxes
$589
HOA Dues
$360
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 months ago (MLSPIN #72719561)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | Listed by Liberty Residential Realty, LLC | $539,900 | |
| Listed by Liberty Residential Realty, LLC | |||
| Jan 31, 2017 | Sold | ||
| Sold | |||
| Nov 28, 2016 | Listed by Herrick Lutts Realty Partners | $405,000 | |
| Listed by Herrick Lutts Realty Partners | |||
| | |||
|
Rich in history, period detail and an unrivaled location facing Salem Common this unique home includes dramatic 10 foot ceilings, intricate molding, marble fireplace, hardwood floors and Indian Shutters which grace the large windows allowing for an abundance of light. This three bedroom 1 & ½ bath condominium also offers an updated kitchen with granite countertops and ss appliances, whirlpool tub in the full bath, beautiful bow window in the master bedroom and an in-unit laundry. Deeded off street parking, storage and the condo fee includes heat and hot water. Just steps to the Peabody Essex Museum, shopping, restaurants and the train. Showings to begin Saturday 12/3. Open House Sunday 12/4 11:30 - 1:00.
| |||
| Apr 12, 2002 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Hardwood
Laundry Features: In Unit, Electric Dryer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1275
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1810
Waterfront Features: Ocean, Beach Ownership(Public)
Building Name: Washington Common
Building Area Total: 1275
Building Area Units: Square Feet
Construction Materials: Brick
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $489,200
Tax Annual Amount: $7,069
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $360
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 |
|---|---|---|---|---|---|---|---|
|
09/02/2020
|
3 Bed
|
1 Bath
|
1275 ft²
|
$539,900
3 Bed
1 Bath
1275 ft²
|
$555,100
+2.82%
10/16/2020
|
Christopher Blasczak
Liberty Residential Realty, LLC
| |
|
05/28/2020
|
3 Bed
|
1 Bath
|
1299 ft²
|
$489,000
3 Bed
1 Bath
1299 ft²
|
$500,000
+2.25%
07/10/2020
|
Mark M. Wade
Coldwell Banker Residential Brokerage - Lynnfield
| |
|
11/28/2016
|
3 Bed
|
2 Bath
|
1275 ft²
|
$405,000
3 Bed
2 Bath
1275 ft²
|
$400,000
-1.23%
01/31/2017
|
Susan Olson
Herrick Lutts Realty Partners
| |
|
03/13/2012
|
3 Bed
|
2 Bath
|
1297 ft²
|
$304,999
3 Bed
2 Bath
1297 ft²
|
$300,000
-1.64%
10/31/2012
|
Zoe Karademos
Coldwell Banker Realty - Beverly
| |
|
03/04/2002
|
3 Bed
|
2 Bath
|
1275 ft²
|
$339,900
3 Bed
2 Bath
1275 ft²
|
$330,000
-2.91%
04/12/2002
|
Lisa Coates
J. Mulkerin Realty
| |
|
02/07/2002
|
3 Bed
|
2 Bath
|
1297 ft²
|
$299,900
3 Bed
2 Bath
1297 ft²
|
$297,450
-0.82%
03/28/2002
|
Harry Fraser
Coldwell Banker Realty - Beverly
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017