$222,000
●
Condo -
Off Market
82 Webb St #21
Salem, MA 01970
2 Beds
1 Bath
891 Ft²
$449,614
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model
About This Property
Beautiful water views of Collins Cove from this affordable, pet
friendly, waterfront condo in great condition! Nicely located
near all of Salem's offerings, pedestrian path to Collins Cove
Beach, new HVAC system and new windows, storage area, washer and
dryer in unit, carport fits 2 cars, balcony and more.
Unit Size
891 Ft²
Days on Market
-
Land Size
-
Price per sqft
$246
Property Type
Condo
Property Taxes
$218
HOA Dues
$175
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 #70899232)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2009 | Sold | ||
| Sold | |||
| Apr 6, 2009 | Listed by North Shore's Gold Coast Realty | $219,000 | |
| Listed by North Shore's Gold Coast Realty | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Width: 8
Length: 7
Area: 56
Level: First
Width: 12
Length: 9
Area: 108
Length: 16
Level: First
Area: 256
Features: Dining Area
Width: 16
Level: First
Length: 12
Width: 15
Area: 180
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Carpet, Laminate
Laundry Features: Washer Hookup
Rooms: 4
Basement: N
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Collins Cove Condominiums
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:36 L:0470 S:803, 2137615
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 36
Tax Assessed Value: $202,600
Tax Annual Amount: $2,618
Utilities Details
Utilities: for Electric Range, Washer Hookup
Cooling Type: Central Air, Individual
Heating Type: Forced Air, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
HOA Fee: $175
Community Features: Park, Walk/Jog Trails
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
11/29/2023
|
2 Bed
|
1 Bath
|
891 ft²
|
$599,888
2 Bed
1 Bath
891 ft²
|
$600,000
+0.02%
01/04/2024
|
Julie Tsakirgis Group
RE/MAX Property Shoppe, Inc.
| |
|
09/28/2022
|
2 Bed
|
1 Bath
|
891 ft²
|
$474,000
2 Bed
1 Bath
891 ft²
|
$501,000
+5.70%
10/28/2022
|
Allison Ackerman
Gibson Sotheby's International Realty
| |
|
07/19/2022
|
2 Bed
|
1 Bath
|
891 ft²
|
$545,000
2 Bed
1 Bath
891 ft²
|
$545,000
08/25/2022
|
Allison Ackerman
The Proper Nest Real Estate
| |
|
03/23/2022
|
2 Bed
|
1 Bath
|
892 ft²
|
$479,000
2 Bed
1 Bath
892 ft²
|
$501,000
+4.59%
04/28/2022
|
Crowell & Frost Realty Group
J. Barrett & Company
| |
|
06/10/2016
|
2 Bed
|
1 Bath
|
891 ft²
|
$259,900
2 Bed
1 Bath
891 ft²
|
$257,500
-0.92%
09/16/2016
|
Lane Team
Keller Williams Realty Evolution
| |
|
06/14/2013
|
2 Bed
|
1 Bath
|
891 ft²
|
$224,900
2 Bed
1 Bath
891 ft²
|
$212,500
-5.51%
08/15/2013
|
Marilyn Jarvis
Keller Williams - Beverly
| |
|
10/02/2012
|
2 Bed
|
1 Bath
|
892 ft²
|
$210,000
2 Bed
1 Bath
892 ft²
|
$202,000
-3.81%
03/13/2013
|
John E. Brennan
Keller Williams Realty Evolution
| |
|
04/06/2009
|
2 Bed
|
1 Bath
|
891 ft²
|
$219,000
2 Bed
1 Bath
891 ft²
|
$222,000
+1.37%
07/01/2009
|
Jason Parisella
Keller Williams Realty Evolution
| |
|
06/15/2007
|
2 Bed
|
1 Bath
|
891 ft²
|
$228,888
2 Bed
1 Bath
891 ft²
|
$224,888
-1.75%
08/15/2007
|
Samantha Bullock
ZipRealty, Inc
| |
|
02/02/2001
|
2 Bed
|
1 Bath
|
891 ft²
|
$169,900
2 Bed
1 Bath
891 ft²
|
$169,900
04/02/2001
|
Darcy Tetrault
Century 21 N. Shore
| |
|
02/18/1999
|
2 Bed
|
1 Bath
|
891 ft²
|
$112,500
2 Bed
1 Bath
891 ft²
|
$113,000
+0.44%
03/31/1999
|
Keith Lewis
Vernon A. Martin, Inc.
| |
|
07/15/1998
|
2 Bed
|
1 Bath
|
891 ft²
|
$109,900
2 Bed
1 Bath
891 ft²
|
$115,100
+4.73%
12/21/1998
|
Susan Keenan
RE/MAX 360
| |
|
06/24/1993
| |
Loft
|
1 Bath
|
891 ft²
|
$108,000
Loft
1 Bath
891 ft²
|
$95,000
-12.04%
10/15/1993
|
Lois Perullo
Carlson GMAC Real Estate
|
Building Info
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