$445,000
●
Condo -
Off Market
7 Naples Rd #2
Salem, MA 01970
3 Beds
2 Baths
1,629 Ft²
$581,853
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model
About This Property
PRIVATE BEACH RIGHTS!! Friendly neighborhood hosts exclusive beach
access and boating opportunities through neighborhood association
membership of Osgood Park. The park itself offers swing sets,
volleyball, and benches to enjoy shaded ocean views. In a
stunning location, this half-duplex has the space and feel of a
single-family home. The home layout sprawls spaciously over 2
floors with high ceilings. Exposed-brick wood stove in the living
room makes for cozy winters. Hardwood floors throughout! The 2nd
floor bath is dreamy with vaulted ceilings and skylight. Dining
room with built-ins, bay windows. Open kitchen with recessed
lighting, cherry cabinets, and loads of counter space. 1 Car
garage, additional off-street parking. Plenty of basement storage.
Pet friendly. Fenced shared backyard. Recent improvements include
new shingles (2015), all new kitchen appliances (since 2015), new
hot water heater (2019), new second full bath (in progress). Live
where people pay to vacation!
Unit Size
1,629 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$273
Property Type
Condo
Property Taxes
$463
HOA Dues
$185
Year Built
-
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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 months ago (MLSPIN #72695576)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by Keller Williams Realty Evolution | $445,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
PRIVATE BEACH RIGHTS!! Friendly neighborhood hosts exclusive beach access and boating opportunities through neighborhood association membership of Osgood Park. The park itself offers swing sets, volleyball, and benches to enjoy shaded ocean views. In a stunning location, this half-duplex has the space and feel of a single-family home. The home layout sprawls spaciously over 2 floors with high ceilings. Exposed-brick wood stove in the living room makes for cozy winters. Hardwood floors throughout! The 2nd floor bath is dreamy with vaulted ceilings and skylight. Dining room with built-ins, bay windows. Open kitchen with recessed lighting, cherry cabinets, and loads of counter space. 1 Car garage, additional off-street parking. Plenty of basement storage. Pet friendly. Fenced shared backyard. Recent improvements include new shingles (2015), all new kitchen appliances (since 2015), new hot water heater (2019), new second full bath (in progress). Live where people pay to vacation!
| |||
| Jun 3, 2004 | Sold | ||
| Sold | |||
| Jan 2, 2004 | Listed by Coldwell Banker Realty - Marblehead | $339,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| | |||
|
STUNNING TOWNHOUSE CONDO WITH PRIVATE BEACH RIGHTS AND DOCK. THIS UNIT HAS BEEN TOTALLY REMODELED WITH NEW CHERRY KITCHEN TWO NEW BATHROOMS AND A NEW HEATING SYSTEM. PERIOD DETAILS PRIVATE GARAGE PARKING AND NEW COVERED PORCH. OSGOOD PARK!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Off Street, Paved
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Tile, Hardwood
Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1629
Year Built Source: Public Records
Year Built: 1915
Waterfront Features: Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private, Association)
Building Name: Osgood Park
Building Area Total: 1629
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4713
Water Source: Public
Financial Details
Tax Assessed Value: $384,200
Tax Annual Amount: $5,552
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Maintenance Structure
HOA Fee: $185
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
07/21/2020
|
3 Bed
|
2 Bath
|
1629 ft²
|
$445,000
3 Bed
2 Bath
1629 ft²
|
$445,000
09/10/2020
|
Judith Coughlin
Dick Lepine Real Estate, Inc.
| |
|
01/02/2004
|
3 Bed
|
2 Bath
|
1629 ft²
|
$339,900
3 Bed
2 Bath
1629 ft²
|
$328,000
-3.50%
06/03/2004
|
Eleanor Dubin
Coldwell Banker Realty - Marblehead
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017