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$575,000
● Condo - Off Market

4-B Mermaid #2B

bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,675 Ft²
$1,336,914
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

WATERFRONT LIVING AT ITS FINEST!NEW LUXURY TOWNHOUSES ON THE OCEAN,YET MINUTES FROM BOSTON.GOURMET KITCHEN W/STAINLESS STEEL APPLIANCES & GRANITE COUNTERS.3 BR, 3.5 BATH, 3 BALCONIES OVERLOOKING OCEAN.QUALITY THROUGHOUT. AMAZING!
Unit Size
2,675 Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
Condo
Property Taxes
-
HOA Dues
-
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: 4 years ago (MLSPIN #30698713)

Price History

Date / Event Date Event Price
Aug 25, 2003 Sold
Premium
Sold
Mar 15, 2003 Listed by Century 21 Mario Real Estate $589,900
Listed by Century 21 Mario Real Estate

Property Highlights

Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 12
Length: 15
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area
Area: 180
Level: Second
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Width: 9
Length: 11
Area: 99
Width: 12
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
Length: 15
Level: First
Area: 180
Features: Flooring - Hardwood
Width: 9
Length: 11
Area: 99
Level: Second
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Length: 16
Level: First
Area: 192
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck
Width: 12
Length: 20
Level: Third
Features: Flooring - Hardwood, Balcony / Deck
Width: 14
Area: 280
Features: Flooring - Hardwood, Balcony / Deck
Level: Second
Length: 15
Width: 11
Area: 165
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathroom - Full, Bathroom
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater
Flooring Type: Wood, Tile, Flooring - Stone/Ceramic Tile
Laundry Features: First Floor
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 2
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Mermaid Street Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 000
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal
Community Features: Public Transportation, Shopping, Walk/Jog Trails
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30698713
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