$400,000
●
Condo -
Off Market
6 Bayview Road #2
Marblehead, MA 01945
1 Bed
2 Baths
1,080 Ft²
$947,201
RealtyHop Estimate
101.96%
Since Mar 1, 2008
MA-Boston
Primary Model
About This Property
Spectacular panoramic views of Salem Harbor. This is the view that
you have been looking for... Large open living/dining area,
hardwood floors, gas fireplace, separate family room. Are you
creative? This home has a lot to offer for the creative person.
Enjoy the sunsets right from your own living room or while
strolling along the beach.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
-
Price per sqft
$434
Property Type
Condo
Property Taxes
$309
HOA Dues
$250
Year Built
-
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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 months ago (MLSPIN #70602618)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2008 | Sold | ||
| Sold | |||
| Jun 22, 2007 | Listed by J. Barrett & Company | $469,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Spectacular panoramic views of Salem Harbor. This is the view that you have been looking for... Large open living/dining area, hardwood floors, gas fireplace, separate family room. Are you creative? This home has a lot to offer for the creative person. Enjoy the sunsets right from your own living room or while strolling along the beach.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Flooring Type: Wood, Tile, Marble
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1080
Year Built Source: Public Records
Year Built: 1922
Waterfront Features: Waterfront, Harbor, 0 to 1/10 Mile To Beach
Building Name: One Neptune Road Condominium
Building Area Total: 1080
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Tax Lot: 2
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 0122
Tax Assessed Value: $485,900
Tax Annual Amount: $3,702
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $250
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 |
|---|---|---|---|---|---|---|---|
|
07/24/2023
|
2 Bed
|
2 Bath
|
1337 ft²
|
$900,000
2 Bed
2 Bath
1337 ft²
|
$950,000
+5.56%
08/25/2023
|
The Property Twins
William Raveis R.E. & Home Services
| |
|
06/22/2007
|
1 Bed
|
2 Bath
|
1080 ft²
|
$469,000
1 Bed
2 Bath
1080 ft²
|
$400,000
-14.71%
02/26/2008
|
Carol Santoro
J. Barrett & Company
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017