$191,800
●
Condo -
Off Market
81 Salem Rd #81
Billerica, MA 01821
2 Beds
2 Baths,
1
Half Bath
1,025 Ft²
$363,299
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model
About This Property
2 bedroom 1.5 bath end unit townhome. Kitchen has stainless steel
appliances, Corian counter tops and double sinks. Unit also
features a walk up attic. Washer and dryer hook ups are on same
level as bedrooms. Close to major highways. This is a 40B resale.
Income limits as follows. 1 person $45,100, 2 person $51,550, 3
person $58,000, 4 person $64,400, 5 person $69,600
Unit Size
1,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$187
Property Type
Condo
Property Taxes
$194
HOA Dues
$160
Year Built
2003
Payment Calculator
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Cap Rate Calculator
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Operating Profit Per Year
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: 5 years ago (MLSPIN #71522536)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2021 | Sold | ||
| Sold | |||
| Jan 15, 2021 | Listed by ALB Realty | $204,100 | |
| Listed by ALB Realty | |||
| | |||
|
Nice 2 bedroom, 1 1/2 bath corner unit townhouse. Stainless appliances, Corian countertops with double sink. Dining, living and 1/2 bath finish off the first floor. 2 bedrooms, full bath and laundry hook up on second floor. Walk up attic caps this condo off. This is a 40 B resale and 40 B guidelines have to be followed. Income limits are as follows: 1 person $54,950; 2 person $62,800; 3 person $70,650; 4 person $78,500. Household cannot have more than $75,000 in assets. Applicants must be 1st time home buyer, exceptions include single parents, displaced homemakers and applicants over age fifty-five. SEE ATTACHMENTS AND FOLLOW INSTRUCTIONS FOR APPLYING FOR UNIT. Send to CHAPA via link in instructions. DEADLINE FOR APPLICATIONS IS 2/1/2021 AND LOTTERY WILL BE THE FOLLOWING DAY. Buyer & Buyer's agent responsible for due diligence.
| |||
| Aug 5, 2013 | Sold | ||
| Sold | |||
| May 8, 2013 | Listed by LAER Realty Partners | $191,800 | |
| Listed by LAER Realty Partners | |||
Property Highlights
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 4
Basement: N
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: M:0032 B:0027 L:429, 4340075
Water Source: Other
Financial Details
Tax Assessed Value: $162,900
Tax Annual Amount: $2,331
Utilities Details
Cooling Type: Other
Heating Type: Forced Air, Natural Gas
Sewer : Other
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $160
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 |
|---|---|---|---|---|---|---|---|
|
04/07/2026
|
2 Bed
|
1 Bath
|
1032 ft²
|
$499,900
2 Bed
1 Bath
1032 ft²
|
$516,000
+3.22%
05/15/2026
|
Christine Strazzere
RE/MAX Triumph Realty
| |
|
03/26/2026
|
2 Bed
|
1 Bath
|
1420 ft²
|
$499,900
2 Bed
1 Bath
1420 ft²
|
$530,000
+6.02%
05/08/2026
|
Linda Lecomte
Coldwell Banker Realty - Andover
| |
|
03/17/2026
|
2 Bed
|
1 Bath
|
1028 ft²
|
$499,900
2 Bed
1 Bath
1028 ft²
|
$530,000
+6.02%
05/20/2026
|
Christine Strazzere
RE/MAX Triumph Realty
| |
|
12/02/2025
|
2 Bed
|
1 Bath
|
1031 ft²
|
$351,096
2 Bed
1 Bath
1031 ft²
|
$351,096
03/27/2026
|
David Gasser
CHAPA Portfolio Realty LLC
| |
|
05/06/2025
|
2 Bed
|
1 Bath
|
1211 ft²
|
$495,000
2 Bed
1 Bath
1211 ft²
|
$520,000
+5.05%
06/27/2025
|
Christine Yoken
LAER Realty Partners
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
1029 ft²
|
$287,900
2 Bed
2 Bath
1029 ft²
|
$287,900
09/30/2022
|
Candor Realty Group
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
11/18/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$409,000
2 Bed
2 Bath
1100 ft²
|
$425,000
+3.91%
12/30/2021
|
Jo Anne Samborsky
Coldwell Banker Realty - Lynnfield
| |
|
11/04/2021
|
2 Bed
|
2 Bath
|
1200 ft²
|
$409,000
2 Bed
2 Bath
1200 ft²
|
$410,000
+0.24%
12/30/2021
|
Charlene McCarthy
American Dream Homes
| |
|
10/21/2021
|
2 Bed
|
2 Bath
|
1369 ft²
|
$429,000
2 Bed
2 Bath
1369 ft²
|
$420,000
-2.10%
12/15/2021
|
Keith Manning
Redfin Corp.
| |
|
01/15/2021
|
2 Bed
|
2 Bath
|
1025 ft²
|
$204,100
2 Bed
2 Bath
1025 ft²
|
$204,100
03/22/2021
|
Thomas Langone
Fudge Properties
| |
|
06/17/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$339,900
2 Bed
2 Bath
1200 ft²
|
$335,000
-1.44%
08/11/2020
|
Peniel Mulumba
Lamacchia Realty, Inc.
| |
|
01/22/2019
|
2 Bed
|
1 Bath
|
1074 ft²
|
$344,900
2 Bed
1 Bath
1074 ft²
|
$349,000
+1.19%
03/07/2019
|
Andrew McCaul
Prestige Homes Real Estate, LLC
| |
|
10/16/2018
|
2 Bed
|
1 Bath
|
1027 ft²
|
$345,000
2 Bed
1 Bath
1027 ft²
|
$345,000
12/10/2018
|
Jill McTague
RE/MAX Andrew Realty Services
| |
|
09/11/2018
|
2 Bed
|
1 Bath
|
1029 ft²
|
$194,500
2 Bed
1 Bath
1029 ft²
|
$194,500
11/13/2018
|
Pozerycki Arpino Team
Keller Williams Realty-Merrimack
| |
|
05/18/2018
|
2 Bed
|
2 Bath
|
1028 ft²
|
$345,000
2 Bed
2 Bath
1028 ft²
|
$350,000
+1.45%
06/27/2018
|
Lisa Luther
Century 21 North East
| |
|
06/16/2017
|
2 Bed
|
2 Bath
|
1030 ft²
|
$339,000
2 Bed
2 Bath
1030 ft²
|
$335,000
-1.18%
08/07/2017
|
Sharon Potts
RE/MAX Andrew Realty Services
| |
|
04/06/2017
|
2 Bed
|
1 Bath
|
1390 ft²
|
$324,900
2 Bed
1 Bath
1390 ft²
|
$331,000
+1.88%
05/26/2017
|
Sonia Mirkin
Perfect Home Realty, LLC
| |
|
09/23/2016
|
2 Bed
|
2 Bath
|
1200 ft²
|
$323,900
2 Bed
2 Bath
1200 ft²
|
$325,000
+0.34%
11/16/2016
|
Tony Viscione
Keller Williams Realty Boston Northwest
| |
|
09/21/2016
|
2 Bed
|
2 Bath
|
1091 ft²
|
$324,900
2 Bed
2 Bath
1091 ft²
|
$327,000
+0.65%
11/22/2016
|
Aline Roy
Keller Williams Realty-Merrimack
| |
|
04/22/2016
|
2 Bed
|
1 Bath
|
1420 ft²
|
$319,900
2 Bed
1 Bath
1420 ft²
|
$315,500
-1.38%
06/29/2016
|
Dawn Burnham
The Higgins Group REALTORS®
| |
|
04/12/2016
|
2 Bed
|
1 Bath
|
1028 ft²
|
$319,000
2 Bed
1 Bath
1028 ft²
|
$313,000
-1.88%
07/19/2016
|
Nikki Cappadona Martin
Coldwell Banker Residential Brokerage - Lynnfield
| |
|
03/25/2016
|
2 Bed
|
1 Bath
|
1030 ft²
|
$314,900
2 Bed
1 Bath
1030 ft²
|
$315,000
+0.03%
05/26/2016
|
Judy Liran
Prudential Verani Realty
| |
|
02/13/2015
|
2 Bed
|
1 Bath
|
1029 ft²
|
$269,900
2 Bed
1 Bath
1029 ft²
|
$269,900
04/10/2015
|
Pamela Walker
Austin Realty Group
| |
|
01/22/2015
|
2 Bed
|
2 Bath
|
1200 ft²
|
$279,900
2 Bed
2 Bath
1200 ft²
|
$275,000
-1.75%
04/30/2015
|
Susan Parker
Coldwell Banker Realty - Chelmsford
| |
|
09/25/2014
|
2 Bed
|
2 Bath
|
1440 ft²
|
$289,900
2 Bed
2 Bath
1440 ft²
|
$294,900
+1.72%
12/11/2014
|
Dorothy Goodwin
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
01/25/2014
|
2 Bed
|
1 Bath
|
1028 ft²
|
$249,900
2 Bed
1 Bath
1028 ft²
|
$250,000
+0.04%
02/20/2014
|
Gail Sullivan
Coldwell Banker Realty - Chelmsford
| |
|
05/08/2013
|
2 Bed
|
2 Bath
|
1025 ft²
|
$191,800
2 Bed
2 Bath
1025 ft²
|
$191,800
08/05/2013
|
Ruth Thetonia
Brook Realty
| |
|
03/11/2013
|
2 Bed
|
2 Bath
|
1200 ft²
|
$249,900
2 Bed
2 Bath
1200 ft²
|
$245,000
-1.96%
05/15/2013
|
Patricia Agati
EXIT Premier Real Estate
| |
|
03/11/2013
|
2 Bed
|
2 Bath
|
1440 ft²
|
$254,900
2 Bed
2 Bath
1440 ft²
|
$255,000
+0.04%
06/14/2013
|
Dawn Burnham
Engel & Volkers By the Sea
| |
|
12/17/2012
|
2 Bed
|
1 Bath
|
1200 ft²
|
$239,900
2 Bed
1 Bath
1200 ft²
|
$236,000
-1.63%
02/28/2013
|
Charlene McCarthy
American Dream Homes
| |
|
02/07/2012
|
2 Bed
|
1 Bath
|
1200 ft²
|
$189,000
2 Bed
1 Bath
1200 ft²
|
$189,000
06/28/2012
|
Alcina Buckley
Premier Properties
| |
|
03/25/2011
|
2 Bed
|
1 Bath
|
1030 ft²
|
$250,000
2 Bed
1 Bath
1030 ft²
|
-
-
|
The Rental Team
Hayden Rowe Properties
| |
|
10/14/2010
|
2 Bed
|
1 Bath
|
1752 ft²
|
$263,000
2 Bed
1 Bath
1752 ft²
|
-
-
|
Erin Healy
Burns & Egan Realty Group, LLC
| |
|
04/07/2010
|
2 Bed
|
1 Bath
|
1749 ft²
|
$269,000
2 Bed
1 Bath
1749 ft²
|
$258,000
-4.09%
06/25/2010
|
Maureen C Roberts
Berkshire Hathaway FL Realty
| |
|
03/18/2010
|
2 Bed
|
1 Bath
|
1200 ft²
|
$253,900
2 Bed
1 Bath
1200 ft²
|
-
-
|
Joan Proctor
ERA Key Realty Services
| |
|
10/22/2009
|
2 Bed
|
2 Bath
|
1032 ft²
|
$182,430
2 Bed
2 Bath
1032 ft²
|
$182,430
12/30/2009
|
Alfred Magaletta
Coldwell Banker Realty - Concord
| |
|
04/24/2009
|
2 Bed
|
2 Bath
|
1028 ft²
|
$255,000
2 Bed
2 Bath
1028 ft²
|
$248,500
-2.55%
07/10/2009
|
Annemarie LaTulip
eXp Realty
| |
|
09/16/2008
|
2 Bed
|
1 Bath
|
1026 ft²
|
$214,900
2 Bed
1 Bath
1026 ft²
|
$216,000
+0.51%
05/29/2009
|
Mary Koontz-Daher
Daher Companies
| |
|
07/29/2008
|
2 Bed
|
2 Bath
|
1200 ft²
|
$249,900
2 Bed
2 Bath
1200 ft²
|
$237,500
-4.96%
12/05/2008
|
Charlene McCarthy
American Dream Homes
| |
|
05/05/2008
|
2 Bed
|
1 Bath
|
1700 ft²
|
$260,000
2 Bed
1 Bath
1700 ft²
|
$253,000
-2.69%
03/27/2009
|
Mark Cirignano
OmegaListings.com, Inc.
| |
|
03/14/2008
|
2 Bed
|
1 Bath
|
1749 ft²
|
$282,000
2 Bed
1 Bath
1749 ft²
|
$271,000
-3.90%
09/25/2008
|
Paige Haley
Blue Point Realty, LLC
| |
|
01/07/2008
|
2 Bed
|
2 Bath
|
1700 ft²
|
$295,000
2 Bed
2 Bath
1700 ft²
|
$285,000
-3.39%
02/21/2008
|
Margaret Chaney
Barrett Sotheby's International Realty
| |
|
03/23/2007
|
2 Bed
|
1 Bath
|
1080 ft²
|
$294,900
2 Bed
1 Bath
1080 ft²
|
$294,900
05/31/2007
|
Robin Sendelbach
LAER Realty Partners
| |
|
03/04/2006
|
2 Bed
|
2 Bath
|
1030 ft²
|
$304,900
2 Bed
2 Bath
1030 ft²
|
$300,000
-1.61%
05/15/2006
|
Deborah Imbracsio
Century 21 Minuteman Realty
| |
|
01/12/2006
|
2 Bed
|
1 Bath
|
1500 ft²
|
$304,999
2 Bed
1 Bath
1500 ft²
|
$299,000
-1.97%
03/31/2006
|
Cathy Lomasney
| |
|
12/26/2005
|
2 Bed
|
1 Bath
|
1755 ft²
|
$319,900
2 Bed
1 Bath
1755 ft²
|
$317,900
-0.63%
03/29/2006
|
Christopher DiTucci
| |
|
11/14/2005
|
2 Bed
|
2 Bath
|
1200 ft²
|
$305,000
2 Bed
2 Bath
1200 ft²
|
$305,000
01/27/2006
|
Derek Amato
LAER Realty Partners
| |
|
09/22/2005
|
2 Bed
|
2 Bath
|
1755 ft²
|
$320,000
2 Bed
2 Bath
1755 ft²
|
$315,000
-1.56%
01/31/2006
|
Jennifer Kannan
Century 21 North East
| |
|
08/31/2005
|
2 Bed
|
1 Bath
|
1200 ft²
|
$315,000
2 Bed
1 Bath
1200 ft²
|
$306,000
-2.86%
10/27/2005
|
Mary Jean Marsters
Exit Group One Real Estate
| |
|
08/16/2005
|
2 Bed
|
2 Bath
|
1200 ft²
|
$310,000
2 Bed
2 Bath
1200 ft²
|
$305,000
-1.61%
10/21/2005
|
Charlene McCarthy
American Dream Homes
| |
|
07/06/2005
|
2 Bed
|
1 Bath
|
1200 ft²
|
$304,900
2 Bed
1 Bath
1200 ft²
|
$304,900
09/27/2005
|
Christopher DiTucci
EXIT Premier Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017