$350,000
●
Condo -
Off Market
70 Cavendish Cir #70
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
3,004 Ft²
$802,768
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model
About This Property
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
Unit Size
3,004 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
Condo
Property Taxes
$451
HOA Dues
$354
Year Built
1999
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Cap Rate Calculator
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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: 6 months ago (MLSPIN #71303369)
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 | |||
| | |||
|
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.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Storage, Deeded, Off Street, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Central Vacuum, Closet, Loft, Living/Dining Rm Combo, Sitting Room
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker, Vacuum System
Flooring Type: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Hardwood
Laundry Features: In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 3004
Security Features: Security System
Year Built Source: Public Records
Year Built: 1999
Building Name: Green Dolphin Village
Building Area Total: 3004
Building Area Units: Square Feet
Window Features: Skylight(s), Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $346,100
Tax Annual Amount: $5,410
Utilities Details
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Individual, Unit Control, Fireplace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $354
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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