***Offer Deadline is 12 noon 5/15***Welcome home to this desirable
Salisbury Woods End Unit Condominium. Located a short distance to
downtown Newburyport this TURNKEY home is ready for its new owner!
The home was recently painted and is updated throughout. The main
living level boasts beautiful hardwood floors with an updated
kitchen and dining area, half bathroom, and primary living room.
The kitchen/dining area has newer granite counters, gas stove,
kitchen sink and faucet with sliders out to a deck overlooking
conservation land. The third floor is home to two generous
sized bedrooms with walk in closets and new flooring and a
completely remodeled bathroom with new tile shower, flooring,
vanity, and fixtures . The finished first floor can be used as an
office, playroom, or whatever you choose and opens out to a stone
patio. Closet space galore! New A/C, washer/gas dryer stay.
Conveniently located near Plum Island, Salisbury Beach, Rail Trail,
& 495 &95
Unit Size
1,507 Ft²
Days on Market
-
Land Size
-
Price per sqft
$305
Property Type
Condo
Property Taxes
$338
HOA Dues
$298
Year Built
-
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Cap Rate Calculator
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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.
Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Wood
Laundry Features: Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 5
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Property Condition: Updated/Remodeled
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Salisbury Woods
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lead Paint: None
Lot Size Units: Acres
Zoning: C
Parcel Number: 4738809
Water Source: Public
Financial Details
Tax Assessed Value: $364,500
Tax Annual Amount: $4,061
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Washer Hookup
Community Features: Walk/Jog Trails, Public School, T-Station
Pets Allowed: Yes
Management: Professional - Off Site
5 Partridge
#C,
Salisbury, MA,
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