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$235,000
● Condo - Off Market

76 Ship #5

bedrooms
2 Beds
bathrooms
1 Bath
square feet
860 Ft²
$458,561
RealtyHop Estimate
91.87%
Since Feb 1, 2005
National-US
Primary Model

About This Property

This is an excellent first-time-buyer or empty-nest-downsize opportunity. The location offers easy access to public transportation, the highway, shopping, and Medford Center. This is a corner unit with plenty of window, a private deck, and a fireplace. The grounds surrounding the building are pretty, spacious,quiet, and totally available to the occupants of complex. If you have considered buying but didn't know if you could afford to live in a space you'd love, come see this property.
Unit Size
860 Ft²
Days on Market
-
Land Size
-
Price per sqft
$278
Property Type
Condo
Property Taxes
$1,665
HOA Dues
$200
Year Built
-

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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: 4 years ago (MLSPIN #70111117)

Price History

Date / Event Date Event Price
Jan 6, 2005 Sold
Premium
Sold
Oct 29, 2004 Listed by Provest Real Estate $239,000
Listed by Provest Real Estate

Property Highlights

Air Conditioning
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Full Bathrooms: 1
Laundry Features: First Floor
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: N
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 4415658
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 000-11
Tax Assessed Value: $209,400
Tax Annual Amount: $19,985
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Central, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $200
Complex is Completed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70111117
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