4 Nimitz Way #C
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 |
|---|---|---|---|
| Jan 6, 2023 | Sold | ||
| Sold | |||
| Dec 6, 2022 | In contract | - | |
| In contract | |||
| Nov 29, 2022 | Listed by William Raveis R.E. & Home Services | $420,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Located in the highly desirable Pickman Park you will feel welcome the moment you step into this light-filled, spacious townhome. From gleaming hardwood floors to freshly painted rooms and new carpet in both bedrooms you will feel right at home. This 1682 sq.ft. townhome gives the feel of single-family living without the upkeep -- you'll enjoy vaulted ceilings, a real wood-burning fireplace, generous-sized rooms and your own garage! With well-maintained and professionally cared for buildings and grounds, Pickman Park has recently renovated the pool and its facilities, tennis courts, many of the private roads, exterior siding and front doors on all units, and also completed a major landscaping project. Centrally located between downtown Salem, Peabody and Vinnin Square, you have quick and convenient access to Salem State University, public transportation, several beaches, outdoor recreation and bike paths, a variety of shops and restaurants, and the world-renowned Peabody Essex Museum.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017