$394,900
●
Condo -
Off Market
74 Cavendish Circle #A
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
3,132 Ft²
$798,478
RealtyHop Estimate
99.67%
Since May 1, 2008
MA-Boston
Primary Model
About This Property
This dramatic 3100sq.ft. townhome,the best value in Salem ,is now
offered at a phenomenal new price. High-end quality throughout from
its marble foyer and designer lighting to its sophisticated custom
kitchen featuring granite counters and imported tiles. A master bed
room suite with delightful sitting area provides an oasis of calm,
a welcomed private retreat.A great home for entertaining. Flexible
floor plan. For the discerning buyer, this home has it all !!
Unit Size
3,132 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
Condo
Property Taxes
$432
HOA Dues
$263
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 #70659038)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2008 | Sold | ||
| Sold | |||
| Oct 3, 2007 | Listed by Coldwell Banker Residential Brokerage - Beverly | $399,900 | |
| Listed by Coldwell Banker Residential Brokerage - Beverly | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Storage, Deeded, Off Street, Assigned, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Loft, Sauna/Steam/Hot Tub
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Wood, Tile, Carpet, Other, Marble
Door Features: Storm Door(s)
Laundry Features: Washer Hookup, Second Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 3132
Security Features: Security System
Architectural Style: Other (See Remarks)
Year Built Source: Public Records
Year Built: 1999
Building Name: Green Dolphin
Building Area Total: 3132
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $481,500
Tax Annual Amount: $5,186
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $263
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 |
|---|---|---|---|---|---|---|---|
|
05/06/2014
|
2 Bed
|
3 Bath
|
3132 ft²
|
$409,000
2 Bed
3 Bath
3132 ft²
|
$405,000
-0.98%
06/26/2014
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
10/03/2007
|
2 Bed
|
2 Bath
|
3132 ft²
|
$399,900
2 Bed
2 Bath
3132 ft²
|
$394,900
-1.25%
04/16/2008
|
Elayne Nippe
Dewolfe-Beverly
| |
|
04/03/2000
|
2 Bed
|
3 Bath
|
-
|
$316,990
2 Bed
3 Bath
|
$316,990
10/20/2000
|
Madlyn Fafard
Fafard Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017