$342,000
●
Condo -
Off Market
41 Washington Square #3
Salem, MA 01970
2 Beds
2 Baths
1,352 Ft²
$665,126
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model
About This Property
One of Salem's finest historic residences, located directly on The
Salem Common. This charming unit boasts 19th century
character, including beautiful wood floors, several fireplaces,
French doors and functional built-ins. The kitchen is
appointed with modern conveniences and finishes: stainless
appliances, high-end gas range, granite counters and breakfast bar.
You'll love the dining room's period fireplace and built-in
dining nook. Marble floors are found in each of the 2 full
baths. Washer and Dryer are included in the unit. Enjoy
the yard, patio and gardens, or take a stroll on The Common.
Just steps to the train, restaurants and waterfront.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
-
Price per sqft
$259
Property Type
Condo
Property Taxes
$399
HOA Dues
$257
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #71560741)
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 | |||
| | |||
|
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.
| |||
| 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
Fireplace
Interior Details
Level: Third
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances
Level: Fourth Floor
Features: Bathroom - Tiled With Tub & Shower, Flooring - Marble
Level: Fourth Floor
Features: Closet, Flooring - Wood
Features: Flooring - Hardwood, Breakfast Bar / Nook
Level: Third
Features: Bathroom - Tiled With Tub & Shower, Flooring - Marble
Level: Third
Features: Closet, Flooring - Wood
Level: Fourth Floor
Level: Third
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Recessed Lighting
Full Bathrooms: 2
Interior Features: Entrance Foyer, Center Hall
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Marble, Hardwood, Flooring - Hardwood, Flooring - Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Dining Room, Living Room, Master Bedroom
Fireplaces: 3
Basement: Y
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Porch, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res 2
Parcel Number: 4421217
Water Source: Public
Financial Details
Tax Assessed Value: $292,000
Tax Annual Amount: $4,783
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Central, Steam
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
Association Fee Frequency: Monthly
HOA Fee: $257
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, T-Station, University
Pets Allowed: Yes w/ Restrictions
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017