$297,000
●
Condo -
Off Market
62 Cable Ave #2
Salisbury, MA 01952
3 Beds
1 Bath
990 Ft²
$469,204
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
Do not hesitate to see this new construction at Salisbury Beach!
This 5 room, 3 bedroom one-level unit is just steps to the ocean
and the newly renovated Salisbury Center with great restaurants,
night-life and family friendly activities. Watch the incredible
sunsets over the marshes from your private back deck or enjoy a
short stroll to the brand new boardwalk or watch the waves crash by
your feet. The open layout is perfect for entertaining guests with
a spacious dining area, granite countertops in kitchen and
bathroom, and open living room. This truly is a must see!
Unit Size
990 Ft²
Days on Market
-
Land Size
-
Price per sqft
$303
Property Type
Condo
Property Taxes
-
HOA Dues
$250
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: 5 years ago (MLSPIN #72247270)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2018 | Sold | ||
| Sold | |||
| Oct 25, 2017 | Listed by Bean Group | $299,900 | |
| Listed by Bean Group | |||
Property Highlights
Parking Available
Fireplace
Interior Details
Level: Second
Features: Flooring - Vinyl, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Level: Second
Features: Flooring - Vinyl
Features: Flooring - Vinyl
Level: Second
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Second
Features: Flooring - Vinyl
Level: Second
Level: Second
Features: Flooring - Vinyl
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Utility Connections for Electric Range
Flooring Type: Tile, Vinyl
Laundry Features: Bathroom - Full, Second Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street, Tandem
Exterior Details
Entry Level: 2
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lead Paint: None
Lot Size Units: Acres
Zoning: BC
Parcel Number: 2147143
Water Source: Public
Utilities Details
Utilities: for Electric Range
Cooling Type: Heat Pump
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $250
Community Features: Public Transportation, Shopping, Highway Access, Public School
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 |
|---|---|---|---|---|---|---|---|
|
02/25/2021
|
3 Bed
|
1 Bath
|
1022 ft²
|
$389,900
3 Bed
1 Bath
1022 ft²
|
$415,000
+6.44%
04/16/2021
|
Scott Strang
Scott Gregory Group
| |
|
04/29/2020
|
3 Bed
|
1 Bath
|
1020 ft²
|
$349,900
3 Bed
1 Bath
1020 ft²
|
$349,900
06/30/2020
|
Joseph Armano
Century 21 North East
| |
|
10/25/2017
|
3 Bed
|
1 Bath
|
990 ft²
|
$309,900
3 Bed
1 Bath
990 ft²
|
$310,000
+0.03%
02/02/2018
|
Ellie DiPaolo
RE/MAX On The River, Inc.
| |
|
10/25/2017
|
3 Bed
|
1 Bath
|
990 ft²
|
$299,900
3 Bed
1 Bath
990 ft²
|
$297,000
-0.97%
02/09/2018
|
Valerie McGillivray
Bean Group
| |
|
10/25/2017
|
3 Bed
|
1 Bath
|
990 ft²
|
$299,900
3 Bed
1 Bath
990 ft²
|
$299,900
02/02/2018
|
June Sparks
Advisors Living - Andover
| |
|
12/17/2015
| |
Loft
|
-
|
-
|
$169,900
Loft
-
|
$140,000
-17.60%
12/21/2016
|
Dale Mcdonough
Tom Saab Real Estate
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017