$705,000
●
Condo -
Off Market
60 Cavendish Cir #60
Salem, MA 01970
2 Beds
3 Baths,
1
Half Bath
2,813 Ft²
$4,333
Est. Monthly
$495
HOA / Fees
2.61%
Cap Rate
About This Property
2 Bedroom, 2.5 Bath, Corner Unit Townhouse. Pet Friendly.
Professionally Managed. Seller to review/respond to all offers on
Monday 5/20/2024
Unit Size
2,813 Ft²
Days on Market
-
Land Size
-
Price per sqft
$238
Property Type
Condo
Property Taxes
$548
HOA Dues
$495
Year Built
1999
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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: 3 years ago (MLSPIN #73235658)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Solimine Real Estate | $670,000 | |
| Listed by Solimine Real Estate | |||
| Apr 26, 2016 | Sold | ||
| Sold | |||
| Dec 1, 2015 | Listed by Coldwell Banker Realty - Lynnfield | $409,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| | |||
|
Amazing Coach Style Condominium at Green Dolphin Village. Smashing kitchen with granite counters. stainless steel appliances and sky light. Very large master bedroom with room for sitting area or office, jacuzzi tub and separate shower stall. Finished den/office in basement or could be used as 3rd bedroom. This is a corner unit with lots of space and very well maintained. Hardwood floors throughout, nice deck off kitchen with fabulous views of sunsets and sunrises. Pet Friendly for up to 2 dogs, New roof in Summer of 2015. Deck painted in 2015. This unit has it all!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: First
Features: Flooring - Hardwood
Level: Second
Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Hot Tub / Spa, Double Vanity
Level: Second
Features: Bathroom - Full, Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Level: Second
Level: First
Features: Flooring - Hardwood
Level: Basement
Features: Flooring - Laminate
Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Level: Second
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Disposal, Microwave, Refrigerator
Flooring Type: Tile, Hardwood, Wood Laminate
Laundry Features: In Basement
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Green Dolphin Village
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Deck - Wood
Lead Paint: None
Lot Size Units: Acres
Zoning: R3
Parcel Number: M:07 L:0081 S:851, 3159676
Water Source: Public
Financial Details
Tax Assessed Value: $565,700
Tax Annual Amount: $6,573
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $495
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
05/09/2024
|
2 Bed
|
3 Bath
|
2813 ft²
|
$670,000
2 Bed
3 Bath
2813 ft²
|
$705,000
+5.22%
06/14/2024
|
Julie Sagan
Sagan Harborside Sotheby's International Realty
| |
|
12/01/2015
|
2 Bed
|
3 Bath
|
2813 ft²
|
$409,900
2 Bed
3 Bath
2813 ft²
|
$410,000
+0.02%
04/26/2016
|
Deborah Caniff
Coldwell Banker Realty - Lynnfield
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017