$389,000
●
Condo -
Off Market
41 Washington Square #3
Salem, MA 01970
2 Beds
2 Baths
1,352 Ft²
$616,130
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model
About This Property
Incredible Offering! Located In A Brick Townhouse Style Building Is
This Gorgeous Penthouse Duplex Condominium. Tons Of Charm With
Modern Amenities. Renovated Kitchen Offers Granite Counters, Custom
Cabinets & Stainless Steel Appliances. Beautiful Living Room With
Built In Bookcases,Elegant Moldings, Large Fireplace And Direct
Views Of The Park Across The Street! Two Large Bedrooms, Two Full
Bathrooms w/ In Unit Washer / Dryer. Designated Formal Dining Room
Is Ideal For Entertaining. This Home Is Located In One Of The Most
Desirable Locations In Historic Salem. Only Minutes Walk To The
Downtown Area With Tons Of Shops, Restaurants / Bars, The
Waterfront & Public Transportation. This Home Is A Must See. Deeded
Storage Closet & Tons Of Attic Space For Storage. Sellers Reserves
The Right To Accept An Offer At Anytime.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$288
Property Type
Condo
Property Taxes
$471
HOA Dues
$257
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: 5 years ago (MLSPIN #72123311)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2017 | Sold | ||
| Sold | |||
| Feb 27, 2017 | Listed by Leading Edge Real Estate | $389,000 | |
| Listed by Leading Edge Real Estate | |||
| Jun 26, 2015 | Sold | ||
| Sold | |||
| Apr 9, 2015 | Listed by Linnane Real Estate | $369,000 | |
| Listed by Linnane Real Estate | |||
| | |||
|
All of the historic charm you have been looking for but with a modern look in this gorgeous penthouse, duplex in one of Salem Common's most stately brick townhouses. Filled with 19th century character, including 3 fireplaces, wood floors and period moldings. Granite & stainless kitchen, marble baths and separate dining room with custom built-in dining nook. Washer/dryer in unit, tons of storage, common patio and yard with perenial garden. Awesome location, close to train, restaurants and waterfront. Open house Sunday, 4/19/15 12-1:30.
| |||
| Sep 23, 2013 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Marble
Laundry Features: In Unit
Rooms: 5
Has Fireplace
Fireplaces: 3
Basement: N
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Townhouse, Rowhouse
Stories (Total): 2
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Zoning: R2
Parcel Number: M:35 L:0073 S:805, 4421218
Water Source: Public
Financial Details
Tax Assessed Value: $329,300
Tax Annual Amount: $5,651
Utilities Details
Utilities: for Gas Range
Cooling Type: Window Unit(s)
Heating Type: Hot Water, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $257
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
02/27/2017
|
2 Bed
|
2 Bath
|
1352 ft²
|
$389,000
2 Bed
2 Bath
1352 ft²
|
$389,000
05/17/2017
|
Timothy Linnane
Linnane Real Estate
| |
|
04/09/2015
|
2 Bed
|
2 Bath
|
1352 ft²
|
$369,000
2 Bed
2 Bath
1352 ft²
|
$367,000
-0.54%
06/26/2015
|
Lesley Smith
Barrett Sotheby's International Realty
| |
|
03/20/2015
|
2 Bed
|
2 Bath
|
1446 ft²
|
$419,000
2 Bed
2 Bath
1446 ft²
|
$410,000
-2.15%
06/08/2015
|
Mark Wade
Coldwell Banker Realty - Lynnfield
| |
|
07/26/2013
|
2 Bed
|
2 Bath
|
1352 ft²
|
$349,900
2 Bed
2 Bath
1352 ft²
|
$342,000
-2.26%
09/23/2013
|
Lesley Smith
Barrett Sotheby's International Realty
|
Building Info
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