$376,500
●
Condo -
Off Market
8 Eclipse Ln #8
Salem, MA 01970
2 Beds
2 Baths,
1
Half Bath
2,672 Ft²
$734,464
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model
About This Property
For the discerning buyer, this is a "WOW" condo with custom
features throughout! If your "wish list" includes hardwood
flooring, "Kenmore Elite" stainless appliances, granite counter
tops, open floor plan with vaulted ceilings, 2 gas fireplaces with
custom stonework, finished lower room, office/loft, fresh paint,
then this is the home for you! This is turn-key, pack your bags,
move right in! Other amenities feature central air, central
vac, 2 car garage,
Unit Size
2,672 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
Condo
Property Taxes
$439
HOA Dues
$321
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: 4 months ago (MLSPIN #71594122)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2013 | Sold | ||
| Sold | |||
| Oct 8, 2013 | Listed by Sagan Harborside Sotheby's International Realty | $385,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
For the discerning buyer, this is a "WOW" condo with custom features throughout! If your "wish list" includes hardwood flooring, "Kenmore Elite" stainless appliances, granite counter tops, open floor plan with vaulted ceilings, 2 gas fireplaces with custom stonework, finished lower room, office/loft, fresh paint, then this is the home for you! This is turn-key, pack your bags, move right in! Other amenities feature central air, central vac, 2 car garage,
| |||
| May 20, 2010 | Sold | ||
| Sold | |||
| Jan 27, 2010 | Listed by Sagan Harborside Sotheby's International Realty | $369,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Wonderful,open,airy condo in Green Dolphin Village.Exceptionally private,sunny location.Enter thru glass enclosed foyer leading to over-size L.R.with gas fireplace.Open kitchen/dining space with hardwood flooring allows for both formal & informal entertaining.MBR suite has extra sitting area,gas fireplace.Large second BR has private bath Additional loft area is ideal for home office or small exercise area. Luxury living at its finest....buy in the community where the realtor lives!
| |||
| Feb 24, 2006 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Off Street, Deeded, Paved, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Loft
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker, Vacuum System
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Door Features: Storm Door(s), Insulated Doors
Laundry Features: Gas Dryer Hookup, In Basement, In Unit, Washer Hookup, Flooring - Vinyl
Rooms: 6
Has Fireplace
Fireplace Features: Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2672
Security Features: Security System
Year Built Source: Public Records
Year Built: 1999
Building Area Total: 2672
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, Individual Meter
Financial Details
Tax Assessed Value: $321,400
Tax Annual Amount: $5,265
Utilities Details
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Humidity Control, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $321
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
10/08/2013
|
2 Bed
|
3 Bath
|
2672 ft²
|
$385,000
2 Bed
3 Bath
2672 ft²
|
$376,500
-2.21%
12/18/2013
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
01/27/2010
|
2 Bed
|
3 Bath
|
2672 ft²
|
$369,900
2 Bed
3 Bath
2672 ft²
|
$358,000
-3.22%
05/20/2010
|
Elaine Clarke
Sagan Harborside Sotheby's International Realty
| |
|
09/20/2005
|
2 Bed
|
2 Bath
|
2672 ft²
|
$429,000
2 Bed
2 Bath
2672 ft²
|
$412,000
-3.96%
02/24/2006
|
Jim Armstrong
Aluxety
| |
|
11/18/1999
|
2 Bed
|
3 Bath
|
2010 ft²
|
$277,990
2 Bed
3 Bath
2010 ft²
|
$286,300
+2.99%
04/19/2000
|
Madlyn Fafard
Fafard Real Estate
|
Building Info
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