$41,500
●
Condo -
Off Market
6A Constitution Way #A7
Methuen, MA 01844
2 Beds
1 Bath
875 Ft²
$158,982
RealtyHop Estimate
274.08%
Since Jun 1, 1996
National-US
Primary Model
About This Property
COMPLETELY UPDATED AND NICELY DECORATED 1ST FL UNIT.NEW UPGRADED
CARPET,FRESHLY PAINTED&SO MANY EXTRAS! CONVENIENTLY LOCATED TO
LAUNDRY AREA.WHY RENT? A VERY EXCEPTIONAL UNIT!
Unit Size
875 Ft²
Days on Market
-
Land Size
-
Price per sqft
$49
Property Type
Condo
Property Taxes
$64
HOA Dues
$92
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (MLSPIN #30098288)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 1996 | Sold | ||
| Sold | |||
| Apr 4, 1996 | Listed | $42,500 | |
| Listed | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Tile, Vinyl, Carpet
Rooms: 4
Basement: N
Parking Details
Parking Features: Common
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Colonial Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: MF
Parcel Number: 2050124
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $47,000
Tax Annual Amount: $773
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Storage
HOA Fee: $92
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 |
|---|---|---|---|---|---|---|---|
|
06/10/2016
|
2 Bed
|
1 Bath
|
798 ft²
|
$139,900
2 Bed
1 Bath
798 ft²
|
$140,000
+0.07%
07/25/2016
|
Alfred Colon
EMPIREâ„¢
| |
|
02/11/2015
|
2 Bed
|
1 Bath
|
798 ft²
|
$99,900
2 Bed
1 Bath
798 ft²
|
$100,000
+0.10%
03/31/2015
|
Michael Barrett
Barrett, Chris. J., REALTORS®
| |
|
12/10/2014
|
2 Bed
|
1 Bath
|
822 ft²
|
$109,900
2 Bed
1 Bath
822 ft²
|
$92,000
-16.29%
02/18/2015
|
Virginia Broadhurst
Century 21 McLennan & Company
| |
|
08/28/2012
|
1 Bed
|
1 Bath
|
698 ft²
|
$80,000
1 Bed
1 Bath
698 ft²
|
$60,000
-25.00%
05/07/2013
|
Dianne Burns
Di - An Realty
| |
|
08/01/2006
|
2 Bed
|
1 Bath
|
798 ft²
|
$146,900
2 Bed
1 Bath
798 ft²
|
$139,000
-5.38%
02/12/2007
|
Karen Fitzpatrick-Picarillo
Century 21 McLennan & Company
| |
|
08/23/2005
|
1 Bed
|
1 Bath
|
698 ft²
|
$121,900
1 Bed
1 Bath
698 ft²
|
$125,000
+2.54%
10/31/2005
|
Sandy Lezon
J. Barrett & Company
| |
|
01/05/2004
|
2 Bed
|
1 Bath
|
798 ft²
|
$133,900
2 Bed
1 Bath
798 ft²
|
$131,000
-2.17%
03/09/2004
|
Virginia Broadhurst
Century 21 McLennan & Company
| |
|
10/29/2003
|
1 Bed
|
1 Bath
|
698 ft²
|
$119,900
1 Bed
1 Bath
698 ft²
|
$118,750
-0.96%
12/22/2003
|
Sandy Lezon
J. Barrett & Company
| |
|
01/13/2003
|
1 Bed
|
1 Bath
|
698 ft²
|
$99,900
1 Bed
1 Bath
698 ft²
|
$102,000
+2.10%
02/28/2003
|
Richard Coco
RE/MAX Partners
| |
|
09/10/1999
|
2 Bed
|
1 Bath
|
-
|
$69,900
2 Bed
1 Bath
|
$69,900
11/05/1999
|
Virginia Broadhurst
Century 21 McLennan & Company
| |
|
04/26/1999
|
2 Bed
|
1 Bath
|
794 ft²
|
$59,900
2 Bed
1 Bath
794 ft²
|
$59,900
06/30/1999
|
Jennifer Hamilton Bower
Keller Williams Realty
| |
|
02/12/1998
|
1 Bed
|
1 Bath
|
750 ft²
|
$44,900
1 Bed
1 Bath
750 ft²
|
$41,000
-8.69%
04/30/1998
|
Robert Palmisano
Properties Unlimited
| |
|
04/04/1996
|
2 Bed
|
1 Bath
|
875 ft²
|
$42,500
2 Bed
1 Bath
875 ft²
|
$41,500
-2.35%
05/17/1996
|
Carol Hazard
Royal Realty, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017