$335,500
●
Condo -
Off Market
36 Cavendish Cir. #B16C
Salem, MA 01970
2 Beds
3 Baths,
1
Half Bath
2,440 Ft²
$781,124
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model
About This Property
FABULOUS 4 LEV TWNHSE W/MST SUITE WITH SUN ROOM, CATH CEILINGS, JAC
BATH, PICKLED MAPLE CAB EAT-IN KITCHEN, FULLY APPLIANCED, GLEAMING
HDWD ON 1ST LEVEL,2C GAR, 2 DEED SPACES AND LOW FEE'S.
Unit Size
2,440 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
Condo
Property Taxes
$258
HOA Dues
$120
Year Built
1999
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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: 4 years ago (MLSPIN #30588289)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2002 | Sold | ||
| Sold | |||
| Mar 15, 2002 | Listed by William Raveis R.E. & Home Services | $345,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 23
Length: 12
Features: Bathroom - Full, Flooring - Hardwood
Area: 276
Level: Second
Features: Bathroom - Full
Level: Second
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 14
Length: 15
Area: 210
Features: Bathroom - Half
Level: First
Length: 11
Level: First
Area: 231
Features: Flooring - Hardwood
Width: 21
Features: Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 17
Width: 14
Area: 238
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Closet - Walk-in, Loft, Den
Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
Laundry Features: Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Parking Features: Deeded
Garage Spaces: 2
Exterior Details
Entry Level: 4
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Green Dolphin
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Skylight(s), Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: 3159688
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 7
Tax Annual Amount: $3,100
Utilities Details
Utilities: Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $120
Community Features: Shopping
Complex is Completed
Management: Professional - On Site
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 |
|---|---|---|---|---|---|---|---|
|
05/14/2020
|
2 Bed
|
3 Bath
|
2440 ft²
|
$449,900
2 Bed
3 Bath
2440 ft²
|
$430,000
-4.42%
07/10/2020
|
Sean K Connelly
RE/MAX 360
| |
|
04/07/2005
|
2 Bed
|
2 Bath
|
2440 ft²
|
$399,900
2 Bed
2 Bath
2440 ft²
|
$399,900
06/17/2005
|
Mark Cirignano
OmegaListings.com, Inc.
| |
|
03/15/2002
|
2 Bed
|
3 Bath
|
2440 ft²
|
$345,900
2 Bed
3 Bath
2440 ft²
|
$335,500
-3.01%
06/06/2002
|
Marion Burke
Carlson GMAC Real Estate
|
Building Info
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