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$245,000
● Condo - Off Market

89 Friend #B

Amesbury, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
700 Ft²
$386,537
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

This unit has beautful wood floors and lots of natural light.  It has been freshly painted and updated with stainless steel appliances and washer and dryer in the unit.  It is a short distance to downtown Amesbury with its shops and restaurants.  Also not far from the park, Woodsom Farm and commuter routes.  There is parking for two cars and a small common yard.
Unit Size
700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$364
Property Type
Condo
Property Taxes
-
HOA Dues
$210
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: 5 years ago (MLSPIN #72312428)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
Apr 20, 2018 Listed by Stone Ridge Properties, Inc. $255,000
Listed by Stone Ridge Properties, Inc.

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: Second
Level: Second
Level: Second
Level: Second
Level: Second
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood
Laundry Features: Second Floor, In Unit
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Tandem
Exterior Details
Has Property Attached
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden, Attached
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Parcel Number: 3667048
Water Source: Public
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $210
Community Features: Public Transportation, Shopping
Pets Allowed: Yes
Complex is Completed
Management: Developer Control

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: 5 years ago
Data Source: MLS PIN, MLS# 72312428
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