$200,000
●
Condo -
Off Market
5 Dewey Drive #B
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
1,682 Ft²
$424,869
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model
About This Property
Beautiful well cared for unit with hardwood floors, recessed
lighting and cathedral ceilings in both bedrooms. Fireplace
living room with sliding doors to deck over looks a wooded area.
In unit laundry is located in the half bath which is off the
kitchen. Open concept kitchen and dining room makes this
space great for entertaining. Attached garage for 1
vehicle and parking for 2 is deeded within the driveway. Pool
and clubhouse is right around the corner from the unit!
Unit Size
1,682 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
Condo
Property Taxes
$286
HOA Dues
$315
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: 4 years ago (MLSPIN #71331386)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2012 | Sold | ||
| Sold | |||
| Jan 26, 2012 | Listed by RE/MAX Advantage Real Estate | $199,900 | |
| Listed by RE/MAX Advantage Real Estate | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Second
Features: Flooring - Hardwood, Kitchen Island, Recessed Lighting
Level: Fourth Floor
Features: Bathroom - Full, Cathedral Ceiling(s), Flooring - Stone/Ceramic Tile
Level: Fourth Floor
Features: Cathedral Ceiling(s), Flooring - Wall to Wall Carpet
Features: Flooring - Wood
Level: Second
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Level: Second
Features: Cathedral Ceiling(s), Flooring - Wall to Wall Carpet
Level: Third
Level: First
Features: Flooring - Wood, Balcony / Deck, Recessed Lighting
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Refrigerator, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Bathroom - Half, Second Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Storage, Deeded, Garage Faces Side, Off Street, Common, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Pickman Park
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R3
Parcel Number: 2130736
Water Source: Public
Financial Details
Tax Assessed Value: $219,800
Tax Annual Amount: $3,435
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
Cooling Type: Central Air, Heat Pump
Heating Type: Forced Air, Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Clubroom
HOA Fee: $315
Community Features: Public Transportation, Shopping
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 |
|---|---|---|---|---|---|---|---|
|
03/02/2018
|
3 Bed
|
2 Bath
|
1682 ft²
|
$289,000
3 Bed
2 Bath
1682 ft²
|
$302,000
+4.50%
04/23/2018
|
Nancy Trumm Hughes
eXp Realty
| |
|
09/15/2017
|
2 Bed
|
2 Bath
|
1682 ft²
|
$279,000
2 Bed
2 Bath
1682 ft²
|
$272,000
-2.51%
10/27/2017
|
George Meimeteas
Boston Signature Homes
| |
|
01/26/2012
|
2 Bed
|
2 Bath
|
1682 ft²
|
$199,900
2 Bed
2 Bath
1682 ft²
|
$200,000
+0.05%
04/17/2012
|
Robert Stallard
RE/MAX Advantage Real Estate
| |
|
04/17/2009
|
3 Bed
|
2 Bath
|
1682 ft²
|
$233,000
3 Bed
2 Bath
1682 ft²
|
$220,000
-5.58%
08/17/2009
|
Linda Hayes
William Raveis R.E. & Home Services
| |
|
11/01/2006
|
2 Bed
|
2 Bath
|
1665 ft²
|
$289,900
2 Bed
2 Bath
1665 ft²
|
$280,000
-3.41%
03/30/2007
|
Kelly Bradbury
Homesmart Success Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017