$349,000
●
Condo -
Off Market
7 Eclipse Ln #7
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
2,415 Ft²
$2,329
Est. Monthly
$226
HOA / Fees
7.00%
Cap Rate
About This Property
Privately located TH condo with glass-enclosed foyer has open floor
plan,2 gas fire-places,corian counters,spacious EI
kitchen,over-sized MBR with extended sitting area.Lower level has
finished room,ideal for home office or exercise equipment.Private
deck off the kitchen ovelooking nice yard with perennial flowers
and space to sit,relax,and enjoy.Two car tandem garage plus 2
additional deeded exterior spaces.Enjoy all that this historic city
has to offer: fine dining,world class museum and more!
Unit Size
2,415 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
Condo
Property Taxes
$388
HOA Dues
$226
Year Built
1999
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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: 2 years ago (MLSPIN #71002514)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2009 | Listed | $349,000 | |
| Listed | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Deeded, Off Street, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Loft, Home Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Carpet, Bamboo, Flooring - Wall to Wall Carpet
Door Features: Storm Door(s), Insulated Doors
Laundry Features: In Basement, Gas Dryer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Square Footage: 2415
Security Features: Security System
Year Built Source: Public Records
Year Built: 1999
Building Name: Green Dolphin Village
Building Area Total: 2415
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Wood
Lot Size Units: Acres
Tax Lot: 902
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 07
Tax Assessed Value: $332,700
Tax Annual Amount: $4,661
Utilities Details
Cooling Type: Central Air, Unit Control
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $226
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 |
|---|---|---|---|---|---|---|---|
|
10/02/2017
|
2 Bed
|
3 Bath
|
2415 ft²
|
$415,000
2 Bed
3 Bath
2415 ft²
|
$415,000
11/20/2017
|
Alan Indeck
Indeck Real Estate
| |
|
11/17/2009
|
2 Bed
|
2 Bath
|
2415 ft²
|
$349,000
2 Bed
2 Bath
2415 ft²
|
-
-
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
03/04/2004
|
2 Bed
|
3 Bath
|
2415 ft²
|
$369,000
2 Bed
3 Bath
2415 ft²
|
$365,000
-1.08%
06/11/2004
|
Mitch Levine
Sagan Harborside Sotheby's International Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017