$390,000
●
Condo -
Off Market
70 Cavendish Circle #70
Salem, MA 01970
3 Beds
3 Baths,
1
Half Bath
3,004 Ft²
$812,383
RealtyHop Estimate
108.84%
Since Jun 1, 2003
MA-Boston
Primary Model
About This Property
SPECTACULAR 4-LEVEL CONTEMPORARY TOWNHOUSE IN OUTSTANDING
CONDITION. 3004 SF, GLEAMING HARDWOOD FLOORS, SOARING CEILINGS,
SUNSET VIEWS, TWO FIREPLACES, TWO CAR GARAGE, CERAMIC TILE BATHS &
HUGE EAT-IN KTICHEN WITH BAR.
Unit Size
3,004 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
Condo
Property Taxes
$360
HOA Dues
$184
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 years ago (MLSPIN #30702310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2012 | Sold | ||
| Sold | |||
| Oct 21, 2011 | Listed by Sagan Harborside Sotheby's International Realty | $369,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Space,Storage,and Sun!Largest condo in Green Dolphin Village.Glass-enclosed foyer,unbelievably spacious LR/DR combination,over-sized kitchen,all with HW flooring! MBR with 3-sided gas fireplace,walk-in closet,sun room,ensuite master bath.Lower level finished FR large enough for TV viewing,relaxing, AND office space!Sliders lead to good size,private yard.Fully wired for multi-media and internet plus surround sound.Enjoy luxury living and all that Salem has to offer:convenience,history,fine dining
| |||
| May 28, 2003 | Sold | ||
| Sold | |||
| Mar 25, 2003 | Listed by Sagan Harborside Sotheby's International Realty | $389,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 27
Length: 13
Features: Flooring - Hardwood
Area: 351
Level: Second
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Area: 130
Features: Bathroom - Full, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Hot Tub / Spa
Length: 13
Level: Second
Width: 10
Level: Second
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 15
Length: 14
Area: 210
Width: 14
Features: Flooring - Hardwood, Balcony - Interior
Length: 13
Level: First
Area: 182
Features: Cathedral Ceiling(s), Flooring - Wall to Wall Carpet
Width: 6
Length: 13
Area: 78
Level: Third
Length: 13
Level: First
Area: 234
Features: Flooring - Hardwood
Width: 18
Length: 11
Level: Basement
Features: Flooring - Wall to Wall Carpet
Width: 21
Area: 231
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 23
Width: 18
Area: 414
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bathroom - Half, Bathroom, Central Vacuum, Sauna/Steam/Hot Tub
Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
Laundry Features: In Basement
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Assigned
Garage Spaces: 2
Exterior Details
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Cavendish
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: CONDO
Parcel Number: 3159669
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 07
Tax Assessed Value: $335,600
Tax Annual Amount: $4,319
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Snow Removal
HOA Fee: $184
Community Features: Public Transportation, Shopping, Walk/Jog Trails
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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