$300,000
●
Condo -
Off Market
35 Washington Square #353
Salem, MA 01970
3 Beds
2 Baths,
1
Half Bath
1,297 Ft²
$635,258
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model
About This Property
Elegant Penthouse over looking the Salem Common in a Stately
Historic Brick Federal Building has everything the discerning buyer
desires. This 3 bedroom 1 ½ baths home offers: central air
conditioning, formal dining room, hardwood floors thru out, antique
details, fireplace, off street parking and more. Minutes to
all of Salem's commuter transits, Harbor, Museums and Restaurants.
Unit Size
1,297 Ft²
Days on Market
-
Land Size
-
Price per sqft
$235
Property Type
Condo
Property Taxes
$422
HOA Dues
$272
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 #71350781)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2012 | Sold | ||
| Sold | |||
| Mar 13, 2012 | Listed by Coldwell Banker Realty - Lynnfield | $304,999 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: Third
Width: 7
Length: 11
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Area: 77
Level: Third
Features: Bathroom - Half, Skylight, Flooring - Stone/Ceramic Tile
Level: Third
Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Width: 10
Length: 12
Area: 120
Width: 12
Features: Flooring - Hardwood
Length: 15
Level: Third
Area: 180
Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Width: 10
Length: 12
Area: 120
Level: Third
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Level: Third
Length: 19
Level: Third
Area: 228
Features: Ceiling Fan(s), Flooring - Hardwood
Width: 12
Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Level: Third
Length: 14
Width: 10
Area: 140
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Washer, Dryer, Utility Connections for Gas Range
Flooring Type: Hardwood
Laundry Features: Third Floor, In Unit
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Actual, Certified Historic
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R
Parcel Number: 4421222
Water Source: Public
Financial Details
Tax Assessed Value: $324,300
Tax Annual Amount: $5,069
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Steam, Oil, Common, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $272
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Marina, T-Station
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 |
|---|---|---|---|---|---|---|---|
|
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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