$273,000
●
Condo -
Off Market
65 Appleton #2
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
1,642 Ft²
$507,798
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model
About This Property
A lovely townhouse set among trees on a private dead end street.
Just like a little house. This property has it all. Walk right in
and enjoy the open floor plan.all the new appliances,bar,granite
counters etc. A large deck off the back,your own private basement.
Lot's of parking, Near the beach,downtown Salem and all highways.
Unit Size
1,642 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$169
Property Type
Condo
Property Taxes
$217
HOA Dues
$60
Year Built
1985
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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 #71648768)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2014 | Sold | ||
| Sold | |||
| Mar 23, 2014 | Listed by Options Real Estate Services, LLC | $278,000 | |
| Listed by Options Real Estate Services, LLC | |||
Property Highlights
Parking Available
Interior Details
Level: First
Width: 21
Length: 11
Area: 231
Level: Second
Level: Second
Width: 13
Length: 12
Area: 156
Length: 11
Level: First
Area: 198
Width: 18
Level: Second
Length: 12
Width: 18
Area: 216
Level: First
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile
Laundry Features: In Basement
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Appraiser
Year Built Details: Actual
PropertySubType: Condominium
Building Name: 63-65 Appleton
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Wood
Lead Paint: None
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Zoning: R2
Water Source: Public
Financial Details
Tax Assessed Value: $310,600
Tax Annual Amount: $2,600
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
Cooling Type: Other
Heating Type: Electric Baseboard, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $60
Community Features: Public Transportation, Shopping, Park, Golf, Bike Path, Highway Access, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
03/23/2014
|
2 Bed
|
2 Bath
|
1642 ft²
|
$278,000
2 Bed
2 Bath
1642 ft²
|
$273,000
-1.80%
10/17/2014
|
Sheila Manzana
Realty Marketplace
|
Building Info
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