$306,000
●
Condo -
Off Market
5 5 Mariners Way #00
Salem, MA 01970
2 Beds
3 Baths,
1
Half Bath
$722,409
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model
About This Property
LUXURIOUSLY DESIGNED TOWNHOUSE STYLE CONDO FEATURING SUN FILLED
GLASS ENCL. FOYER, CURVED ENTRY STAIRCASE, GAS FIREPLACE, CENTRAL
AIR AND VACUUM, ALARM LOTS OF HARDWOOD 1ST LEVEL.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$133
Year Built
1999
Payment Calculator
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
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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 #30595667)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2002 | Sold | ||
| Sold | |||
| Apr 9, 2002 | Listed by Fafard Real Estate | $319,900 | |
| Listed by Fafard Real Estate | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Level: Second
Level: First
Level: Basement
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
Flooring Type: Tile, Vinyl
Laundry Features: Washer Hookup
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Storage, Deeded, Off Street
Garage Spaces: 1
Exterior Details
Security Features: Security System
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Mariner Village
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $133
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility
Management: Professional - Off Site, Developer Control
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 |
|---|---|---|---|---|---|---|---|
|
08/12/2019
|
2 Bed
|
3 Bath
|
2106 ft²
|
$380,000
2 Bed
3 Bath
2106 ft²
|
$350,000
-7.89%
11/13/2019
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
03/25/2007
|
2 Bed
|
3 Bath
|
2106 ft²
|
$339,000
2 Bed
3 Bath
2106 ft²
|
$330,000
-2.65%
09/28/2007
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
04/09/2002
|
2 Bed
|
3 Bath
|
-
|
$319,900
2 Bed
3 Bath
|
$306,000
-4.35%
06/25/2002
|
Madlyn Fafard
Fafard Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017