$175,000
●
Condo -
Off Market
3-5 Soffron Lane #3
Ipswich, MA 01938
3 Beds
1 Bath
900 Ft²
$405,055
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model
About This Property
NEW UNIT CONVERSION OFFERS BRIGHT SPACIOUS UNITS FILLED WITH
UPDATES. BIG, NEW FULLY APPLIANCED KITCHEN, FREST PAINT
THROUGHOUT.
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
-
HOA Dues
$125
Year Built
1930
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Cap Rate Calculator
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Monthly Rental Income
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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: 5 years ago (MLSPIN #30716515)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2006 | Sold | ||
| Sold | |||
| Nov 28, 2005 | Listed | $199,900 | |
| Listed | |||
 | |||
|
Seller Relocating!-Wonderful downtown 3 bdr 1 bath gardenstyle condo wonderfully maintained. Fully applianced eatin kitchen, includes, microwave, refrigerator, stove, dishwasher and disposal. Also, stackable washer and dryer too. Deck and storage space in basement. Two car off street parking and pets allowed. This beautiful unit won't last, call easy to show. Bonus 5 minute drive to Cranes Beach, plus walk to the train.
| |||
| Sep 12, 2003 | Sold | ||
| Sold | |||
| May 2, 2003 | Listed by Tache Real Estate, Inc. | $179,900 | |
| Listed by Tache Real Estate, Inc. | |||
Property Highlights
Interior Details
Level: Third
Level: Third
Level: Third
Level: Third
Level: Third
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater
Flooring Type: Carpet
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Entry Level: 3
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: 3-5 Soffron Lane Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CALL CITY
Parcel Number: 4390780
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: None
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $125
Community Features: Public Transportation, Shopping, Park
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 |
|---|---|---|---|---|---|---|---|
|
01/23/2014
|
3 Bed
|
1 Bath
|
857 ft²
|
$135,000
3 Bed
1 Bath
857 ft²
|
$135,000
03/10/2016
|
Chad Smith
Mariano Smith & Co.
| |
|
11/28/2005
|
3 Bed
|
1 Bath
|
857 ft²
|
$199,900
3 Bed
1 Bath
857 ft²
|
$199,900
02/28/2006
|
Robin McKeon
McKeon-Corcoran Real Estate
| |
|
08/28/2004
|
3 Bed
|
1 Bath
|
857 ft²
|
$189,900
3 Bed
1 Bath
857 ft²
|
$185,000
-2.58%
10/18/2004
|
Karen Cronin
Keller Williams Realty Evolution
| |
|
05/02/2003
|
3 Bed
|
1 Bath
|
900 ft²
|
$179,900
3 Bed
1 Bath
900 ft²
|
$175,000
-2.72%
09/12/2003
|
Jeannine Ofilos
Tache Real Estate, Inc.
| |
|
02/06/2003
|
3 Bed
|
1 Bath
|
-
|
$179,900
3 Bed
1 Bath
|
$179,500
-0.22%
08/29/2003
|
Kathy Rosano
Coldwell Banker Residential Brokerage - Ipswich
| |
|
02/06/2003
|
3 Bed
|
1 Bath
|
-
|
$189,900
3 Bed
1 Bath
|
$186,000
-2.05%
05/28/2003
|
Jeannine Ofilos
Tache Real Estate, Inc.
| |
|
02/05/2003
|
3 Bed
|
1 Bath
|
-
|
$189,900
3 Bed
1 Bath
|
$180,000
-5.21%
05/01/2003
|
Kathy Rosano
Coldwell Banker Residential Brokerage - Ipswich
| |
|
08/28/2001
| |
12 Bed
|
-
|
5910 ft²
|
$450,000
12 Bed
-
5910 ft²
|
$375,000
-16.67%
12/12/2001
|
Carol St. Pierre
Tache Real Estate, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017