$754,500
●
Condo -
Off Market
39 Washington Square #1
Salem, MA 01970
4 Beds
3 Baths,
1
Half Bath
3,360 Ft²
$786,135
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model
About This Property
Location, location, location! Situated in the heart of Salem, this
amazing condo spans 4 floors & feels like a 4 bedroom, 2.5 bath
single family home w/over 3,000 square feet of living area. Located
directly in front of the Common, enjoy all that Salem has to offer
including the COMMUTER RAIL (0.5 miles), FERRY (0.7 miles),
countless dining options, museums & entertainment. Built in 1826,
this PRIVATE ENTRANCE townhouse offers numerous period details
including soaring ceilings, pocket doors, floor-to-ceiling windows
w/interior wood shutters, decorative wrought iron balconies,
exposed brickwork, beautiful hand-hewn beams, intricately carved
moldings & 7 FIREPLACES. Recent updates incl- brand new roof, GAS
COOKING & heating, stainless steel appliances & NEST thermostats.
This PET FRIENDLY home has it all, including: exclusive laundry,
OFF STREET PARKING & additional basement storage. If you've been
waiting for a one of a kind space in the most desirable part of
Salem, your wait is over.
Unit Size
3,360 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$201
Property Type
Condo
Property Taxes
$781
HOA Dues
$591
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 years ago (MLSPIN #72795774)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Conway - Swampscott | $674,900 | |
| Listed by Conway - Swampscott | |||
| Apr 28, 2017 | Sold | ||
| Sold | |||
| Feb 21, 2017 | Listed by Good Deeds Realty Partners | $579,900 | |
| Listed by Good Deeds Realty Partners | |||
| | |||
|
Remarkable Brick Greek Revival Residence on Historic Salem Common. The Beacon Hill of Salem! Fabulous Southern Exposure with Exquisite, Spacious, Elegant Rooms, Expertly Renovated in 2009. The Feel of a Large Home with the Convenience of Condominium Living. Great for all Kinds of Families or Folks who Love lots of Gorgeous Rooms with Incredible Antique detail and 7 Fireplaces. You can walk to Peabody Essex Museum, the Common, the Waterfront and the Train! The Best View of the Salem Common!
| |||
| Jan 21, 2011 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Parking Available
Interior Details
Level: Basement
Width: 19
Length: 19
Features: Beamed Ceilings, Closet, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Kitchen Island, Open Floorplan, Stainless Steel Appliances, Gas Stove
Area: 361
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting, Crown Molding
Level: Second
Features: Closet, Flooring - Hardwood, High Speed Internet Hookup, Crown Molding
Width: 19
Length: 19
Area: 361
Area: 361
Length: 19
Level: Third
Features: Fireplace, Closet, Flooring - Wall to Wall Carpet, High Speed Internet Hookup, Crown Molding
Width: 19
Width: 19
Features: Flooring - Hardwood, High Speed Internet Hookup, Open Floorplan, Crown Molding
Length: 19
Level: Main
Area: 361
Features: Fireplace, Closet, Flooring - Hardwood, Crown Molding
Width: 19
Length: 19
Area: 361
Level: Third
Features: Bathroom - Half
Level: First
Length: 19
Level: Main
Area: 361
Features: Flooring - Hardwood, Balcony - Exterior, Open Floorplan, Crown Molding
Width: 19
Length: 19
Level: Basement
Features: Beamed Ceilings, Flooring - Stone/Ceramic Tile, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Storage
Width: 19
Area: 361
Features: Bathroom - Full, Ceiling Fan(s), Flooring - Hardwood, Hot Tub / Spa, High Speed Internet Hookup, Crown Molding, Closet - Double
Level: Second
Length: 19
Width: 19
Area: 361
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Third
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
Flooring Type: Hardwood, Stone / Slate
Laundry Features: In Basement, In Unit, Washer Hookup
Rooms: 8
Has Fireplace
Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom, Bedroom
Fireplaces: 7
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: 39-41 Washington Sq Condo Association
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Brick, Post & Beam
Lead Paint: Unknown
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Zoning: R2
Parcel Number: M:35 L:0073 S:801, 4421215
Water Source: Public
Financial Details
Tax Assessed Value: $678,900
Tax Annual Amount: $9,369
Utilities Details
Utilities: for Gas Range, for Gas Oven, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Forced Air, Baseboard, Hot Water, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Storage, Garden Area
Association Fee Frequency: Monthly
HOA Fee: $591
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Marina, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
03/10/2021
|
4 Bed
|
3 Bath
|
3360 ft²
|
$674,900
4 Bed
3 Bath
3360 ft²
|
$754,500
+11.79%
05/03/2021
|
The Mavroules Team
Conway - Swampscott
| |
|
02/21/2017
|
4 Bed
|
3 Bath
|
3360 ft²
|
$579,900
4 Bed
3 Bath
3360 ft²
|
$579,900
04/28/2017
|
The Mavroules Team
Good Deeds Realty Partners
| |
|
11/05/2010
|
4 Bed
|
3 Bath
|
3360 ft²
|
$589,000
4 Bed
3 Bath
3360 ft²
|
$552,500
-6.20%
01/21/2011
|
Merry Fox Team
MerryFox Realty
| |
|
09/09/2010
| |
4 Bed
|
2 Bath
|
3360 ft²
|
$589,000
4 Bed
2 Bath
3360 ft²
|
-
-
|
Merry Fox Team
MerryFox Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017