$258,000
●
Condo -
Off Market
4D Nimitz St. #4D
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
1,600 Ft²
$532,946
RealtyHop Estimate
101.11%
Since Feb 1, 2004
MA-Boston
Primary Model
About This Property
WELL MAINTAINED PICKMAN PARK NEW STOVE, REFRIGERATOR AND
DISHWASHER. WINDOW TREATMENT TO REMAIN. HALF BATH W/ LAUNDRY OFF
KITCHEN. NEW KITCHEN FLOOR.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
Condo
Property Taxes
$207
HOA Dues
$212
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: 5 years ago (MLSPIN #30784001)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2004 | Sold | ||
| Sold | |||
| Oct 27, 2003 | Listed by MerryFox Realty | $265,000 | |
| Listed by MerryFox Realty | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: Second
Features: Pantry
Level: Fourth Floor
Level: Third
Width: 10
Length: 16
Area: 160
Width: 16
Length: 15
Level: Second
Area: 240
Length: 15
Level: First
Area: 240
Width: 16
Level: Fourth Floor
Length: 16
Width: 13
Area: 208
Level: First
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: First Floor, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Pickman Park
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $193,100
Tax Annual Amount: $2,485
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump, Electric
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Trash
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Recreation Facilities
HOA Fee: $212
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat
Complex is Completed
Management: Professional - Off 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 |
|---|---|---|---|---|---|---|---|
|
11/29/2022
|
2 Bed
|
2 Bath
|
1682 ft²
|
$420,000
2 Bed
2 Bath
1682 ft²
|
$426,500
+1.55%
01/06/2023
|
Lindsay Otis
William Raveis R.E. & Home Services
| |
|
07/12/2017
|
2 Bed
|
2 Bath
|
1600 ft²
|
$289,900
2 Bed
2 Bath
1600 ft²
|
$301,000
+3.83%
08/25/2017
|
Delince Louis
Compass
| |
|
02/06/2013
|
2 Bed
|
2 Bath
|
1600 ft²
|
$209,000
2 Bed
2 Bath
1600 ft²
|
$206,000
-1.44%
04/11/2013
|
Ann Thomeczek
Keller Williams Realty
| |
|
10/27/2003
|
2 Bed
|
2 Bath
|
1600 ft²
|
$265,000
2 Bed
2 Bath
1600 ft²
|
$258,000
-2.64%
01/30/2004
|
Marie Aloisi
RE/MAX Real Estate Specialists
|
Building Info
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