$375,000
●
Condo -
Off Market
70 Cavendish Circle #1
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
3,004 Ft²
$766,107
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model
About This Property
Spectacular 4-level townhome in Green Dolphin Village. Hardwoods,
new carpeting, 2 fireplaces, 2-car tandem garage. Super Galleria
model, this unit boasts over 3000 sq. ft. of living space.
Walk out from finished family room. Skylights and
cathedral ceilings. Wonderful, pet-friendly complex with easy
access to Rte. 107, Rte. 1A and the commuter rail to Boston.
Move-in and enjoy the sunset views!
Unit Size
3,004 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
Condo
Property Taxes
$409
HOA Dues
$228
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: 4 months ago (MLSPIN #70723288)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2008 | Sold | ||
| Sold | |||
| Mar 7, 2008 | Listed by Conway - S. Boston | $389,000 | |
| Listed by Conway - S. Boston | |||
| | |||
|
Spectacular 4-level townhome in Green Dolphin Village. Hardwoods, new carpeting, 2 fireplaces, 2-car tandem garage. Super Galleria model, this unit boasts over 3000 sq. ft. of living space. Walk out from finished family room. Skylights and cathedral ceilings. Wonderful, pet-friendly complex with easy access to Rte. 107, Rte. 1A and the commuter rail to Boston. Move-in and enjoy the sunset views!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: In Basement
Rooms: 7
Has Fireplace
Fireplace Features: Living Room, Master Bedroom, Bath
Fireplaces: 2
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 3004
Security Features: Security System
Year Built Source: Public Records
Year Built: 1999
Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Name: Green Dolphin Village
Building Area Total: 3004
Building Area Units: Square Feet
Window Features: Skylight(s)
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $420,100
Tax Annual Amount: $4,903
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, Road Maintenance
HOA Fee: $228
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 |
|---|---|---|---|---|---|---|---|
|
10/21/2011
|
2 Bed
|
2 Bath
|
3004 ft²
|
$369,000
2 Bed
2 Bath
3004 ft²
|
$350,000
-5.15%
03/28/2012
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
03/07/2008
|
2 Bed
|
3 Bath
|
3004 ft²
|
$389,000
2 Bed
3 Bath
3004 ft²
|
$375,000
-3.60%
06/30/2008
|
Linda Pacella
Chestnut Hill Realty
| |
|
03/25/2003
|
3 Bed
|
3 Bath
|
3004 ft²
|
$389,000
3 Bed
3 Bath
3004 ft²
|
$390,000
+0.26%
05/28/2003
|
Ruth Paster
Sagan Harborside Sotheby's International Realty
| |
|
04/03/2000
|
2 Bed
|
3 Bath
|
-
|
$299,990
2 Bed
3 Bath
|
$311,480
+3.83%
10/24/2000
|
Madlyn Fafard
Fafard Real Estate
|
Building Info
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