39 Washington Square #1
About This Property
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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.
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 | |||
| | |||
|
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.
| |||
| Apr 28, 2017 | Sold | ||
| Sold | |||
| Feb 21, 2017 | Listed by Good Deeds Realty Partners | $579,900 | |
| Listed by Good Deeds Realty Partners | |||
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|
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!
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| Jan 21, 2011 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017