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$137,500
● Condo - Off Market

83 Main #5

Amesbury, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
881 Ft²
$230,523
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Live in the heart of downtown Amesbury!  This two bedroom condo has lovely wood floors and high ceilings and is steps away from restaurants and shops.  Easy access to commuter routes.  Charming kitchen and bath with laundry in the unit..  This is a great opportunity.
Unit Size
881 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
Condo
Property Taxes
$317
HOA Dues
$322
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 #72107156)

Price History

Date / Event Date Event Price
Mar 3, 2017 Sold
Premium
Sold
Jan 9, 2017 Listed by Stone Ridge Properties, Inc. $139,900
Listed by Stone Ridge Properties, Inc.

Property Highlights

Air Conditioning
Interior Details
Level: Third
Width: 7
Length: 12
Area: 84
Area: 65
Length: 13
Level: Third
Width: 5
Level: Third
Width: 9
Length: 15
Area: 135
Length: 12
Level: Third
Area: 120
Width: 10
Level: Third
Length: 23
Width: 10
Area: 230
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Wood, Tile
Rooms: 4
Basement: Y
Parking Details
Parking Features: None
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CB
Parcel Number: 4421368
Water Source: Public
Financial Details
Tax Assessed Value: $192,100
Tax Annual Amount: $3,800
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
Association Fee Frequency: Monthly
HOA Fee: $322
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72107156
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