1
Map
$236,900
●
Condo -
Off Market
3D Dewey #5D
Salem, MA 01970
2 Beds
1 Bath,
1
Half Bath
1,600 Ft²
$544,033
RealtyHop Estimate
117.70%
Since Apr 1, 2011
MA-Boston
Primary Model
About This Property
Meticulous condition throughout this bright and spacious end unit
townhome. Updated kitchen with stainless appliances
(including two convection ovens) and granite countertops.
Center island and generous dining area. Wood flooring
in living room and on all stairways. Systems have all been
updated. Located within steps of the community pool.
Nothing to do but enjoy all of the upgrades and improvements!
Pickman Park is approved for FHA financing.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
Condo
Property Taxes
$271
HOA Dues
$300
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: 7 months ago (MLSPIN #71153606)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2011 | Sold | ||
| Sold | |||
| Oct 21, 2010 | Listed by RE/MAX Advantage Real Estate | $249,900 | |
| Listed by RE/MAX Advantage Real Estate | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Off Street, Paved
Open Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Central Vacuum, Game Room
Appliances: Range, Oven, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker, Vacuum System
Flooring Type: Wood, Tile, Laminate, Flooring - Wall to Wall Carpet
Door Features: Storm Door(s), Insulated Doors
Laundry Features: Electric Dryer Hookup, Third Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1600
Year Built Source: Public Records
Year Built: 1980
Waterfront Features: Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Name: Pickman Park
Building Area Total: 1600
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $232,100
Tax Annual Amount: $3,252
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Central, Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool, Tennis Court(s)
HOA Fee: $300
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 |
|---|---|---|---|---|---|---|---|
|
10/21/2010
|
2 Bed
|
1 Bath
|
1600 ft²
|
$249,900
2 Bed
1 Bath
1600 ft²
|
$236,900
-5.20%
03/08/2011
|
Mary Ellen Galaris
RE/MAX Advantage Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017