$460,000
●
Condo -
Off Market
5 Cavendish Cir #5
Salem, MA 01970
2 Beds
3 Baths,
1
Half Bath
2,098 Ft²
$704,709
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model
About This Property
Absolutely beautiful turn key townhouse is comfortably located in
desirable Green Dolphin Village in a private, wooded location
flooded with natural light. Upon entering the foyer, a grand
curved staircase with oversized windows welcomes you inside.
TOTALLY RENOVATED, this property includes fine finishes, a
beautiful designer kitchen with island & white shaker cabinets,
premium granite countertops and high end stainless steel
appliances. Newly installed hardwood floors on main living
area, bedrooms and loft. Master suite with vaulted ceilings, gas
fireplace and en suite spa like bath. Second bedroom has full
bath ideal for family or guests. Bright 3rd level loft could be
in-home office. Enjoy summer evenings on your private deck
for additional outside living space. Lower level provides
convenient laundry & bonus room for home gym or sitting area.
Conveniently located to shopping, museums, restaurants and
downtown Salem. All the work has been done for you. Welcome home.
Unit Size
2,098 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
Condo
Property Taxes
$459
HOA Dues
$274
Year Built
1999
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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 #72162651)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2017 | Sold | ||
| Sold | |||
| May 10, 2017 | Listed by RE/MAX 360 | $449,900 | |
| Listed by RE/MAX 360 | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
Interior Details
Level: First
Width: 14
Length: 13
Features: Flooring - Hardwood, Window(s) - Picture, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Stainless Steel Appliances
Area: 182
Level: Second
Area: 156
Width: 13
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Length: 12
Area: 30
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Length: 5
Level: First
Width: 6
Level: Second
Features: Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Recessed Lighting
Width: 13
Length: 12
Area: 156
Width: 11
Features: Bathroom - Half, Flooring - Hardwood, Open Floorplan
Length: 13
Level: First
Area: 143
Length: 23
Level: First
Area: 299
Features: Flooring - Hardwood, Cable Hookup, Open Floorplan, Recessed Lighting
Width: 13
Length: 12
Level: Basement
Features: Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Recessed Lighting
Width: 9
Area: 108
Width: 3
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Fireplace, Cathedral Ceiling(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Level: Second
Area: 39
Length: 13
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Recessed Lighting
Level: Second
Length: 25
Width: 14
Area: 350
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft, Central Vacuum
Appliances: Range, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Hardwood, Flooring - Hardwood
Laundry Features: In Basement, In Unit, Washer Hookup
Rooms: 4
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Storage, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Green Dolphin Village
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Skylight(s), Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: M:07 L:0081 S:805, 3159722
Water Source: Public
Financial Details
Tax Assessed Value: $347,400
Tax Annual Amount: $5,510
Utilities Details
Utilities: for Gas Range, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $274
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
05/10/2017
|
2 Bed
|
3 Bath
|
2098 ft²
|
$449,900
2 Bed
3 Bath
2098 ft²
|
$460,000
+2.24%
06/30/2017
|
Sean K Connelly
RE/MAX 360
| |
|
04/14/2003
|
2 Bed
|
3 Bath
|
2437 ft²
|
$359,900
2 Bed
3 Bath
2437 ft²
|
$355,000
-1.36%
08/21/2003
|
Lynne Breed
Sagan Harborside Sotheby's International Realty
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017