$354,000
●
Condo -
Off Market
9 Barton Square #101
Salem, MA 01970
1 Bed
1 Bath
700 Ft²
$344,451
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model
About This Property
CAN YOU IMAGINE SITTING ON YOUR DECK ENJOYING THE ESSENCE OF SALEM
DURING ALL SEASONS, HOW FUN, SLIDERS TO THE INTERIOR OF THIS
AWESOME 1 BEDROOM FIRST FLOOR UNIT, IN A 4 UNIT BUILDING, STORE
YOUR BIKES OUT ON YOUR DECK AND ENJOY YOUR CHAIRS AND PLANTS AS
WELL.FIREPLACE THAT IS WOOD BURNING BUT CAN BE A GAS FIREPLACE,
WALL AC UNIT AND A COZINESS AND SENSE OF SALEM, OH YEAH BRAND NEW
W/D IN THE UNIT, WOOD KITCHEN CABINETS, STAINLESS STEEL APPLIANCES,
GRANITE COUNTER, ADDITIONAL STORAGE IN THE BASEMENT AND PRIVATE
EXIT GATE TO WALK TO DOWNTOWN COMMUTER RAIL 5 MINUTE
WALK!!!!!!!!!!!!!!! EXERCISE ROOM AND CLUBROOM ALL INCLUDED
IN FEE!
Unit Size
700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$486
Property Type
Condo
Property Taxes
$291
HOA Dues
$310
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 months ago (MLSPIN #72951052)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by Fortunato Agency | $339,900 | |
| Listed by Fortunato Agency | |||
| | |||
|
CAN YOU IMAGINE SITTING ON YOUR DECK ENJOYING THE ESSENCE OF SALEM DURING ALL SEASONS, HOW FUN, SLIDERS TO THE INTERIOR OF THIS AWESOME 1 BEDROOM FIRST FLOOR UNIT, IN A 4 UNIT BUILDING, STORE YOUR BIKES OUT ON YOUR DECK AND ENJOY YOUR CHAIRS AND PLANTS AS WELL.FIREPLACE THAT IS WOOD BURNING BUT CAN BE A GAS FIREPLACE, WALL AC UNIT AND A COZINESS AND SENSE OF SALEM, OH YEAH BRAND NEW W/D IN THE UNIT, WOOD KITCHEN CABINETS, STAINLESS STEEL APPLIANCES, GRANITE COUNTER, ADDITIONAL STORAGE IN THE BASEMENT AND PRIVATE EXIT GATE TO WALK TO DOWNTOWN COMMUTER RAIL 5 MINUTE WALK!!!!!!!!!!!!!!! EXERCISE ROOM AND CLUBROOM ALL INCLUDED IN FEE!
| |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by Churchill Properties | $280,000 | |
| Listed by Churchill Properties | |||
| | |||
|
Welcome home! Minutes away from historic downtown Salem, this charming condominium boasts stainless steel appliances, granite countertops, solid wood cabinets, updated laminate flooring, newly renovated bathroom, in-unit stackable washer/dryer as well as newer replacement windows. Enjoy quiet evenings in front of your gas burning fireplace or on your spacious private patio then walk downtown to a vast array of restaurants and pubs on the waterfront. Getting to Boston by the Commuter Rail is only a 5 minute walk from your doorstep. Take advantage of the common space which includes an event room, a spacious fitness room and sauna. Included in sale is a deeded parking space with the opportunity to rent a second if needed as well as one storage locker. Heat and Hot water included in the Condo Fee. Professionally managed complex.
| |||
| Sep 5, 2014 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Laundry Features: In Unit, First Floor
Rooms: 3
Has Fireplace
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 700
Year Built Source: Public Records
Year Built: 1980
Waterfront Features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Area Total: 700
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $263,200
Tax Annual Amount: $3,487
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Fitness Center, Storage, Clubroom
HOA Fee: $310
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 |
|---|---|---|---|---|---|---|---|
|
04/18/2024
|
2 Bed
|
2 Bath
|
1290 ft²
|
$549,900
2 Bed
2 Bath
1290 ft²
|
$549,900
05/23/2024
|
Zoe Karademos
Coldwell Banker Realty - Beverly
| |
|
05/31/2023
|
2 Bed
|
2 Bath
|
1290 ft²
|
$499,900
2 Bed
2 Bath
1290 ft²
|
$540,000
+8.02%
07/27/2023
|
Donna DeCrescente
RE/MAX Andrew Realty Services
| |
|
03/09/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$339,900
1 Bed
1 Bath
700 ft²
|
$354,000
+4.15%
05/02/2022
|
Gail Tyrrell
Churchill Properties
| |
|
03/04/2020
|
1 Bed
|
1 Bath
|
772 ft²
|
$280,000
1 Bed
1 Bath
772 ft²
|
$285,000
+1.79%
05/01/2020
|
Gail Tyrrell
Churchill Properties
| |
|
05/01/2019
|
2 Bed
|
2 Bath
|
1290 ft²
|
$379,900
2 Bed
2 Bath
1290 ft²
|
$353,000
-7.08%
05/31/2019
|
Zoe Karademos
Coldwell Banker Realty - Beverly
| |
|
09/28/2017
|
2 Bed
|
2 Bath
|
1290 ft²
|
$345,000
2 Bed
2 Bath
1290 ft²
|
$345,000
11/16/2017
|
Doug Morrow
RE/MAX Advantage Real Estate
| |
|
06/07/2014
|
1 Bed
|
1 Bath
|
772 ft²
|
$189,900
1 Bed
1 Bath
772 ft²
|
$178,000
-6.27%
09/05/2014
|
Armstrong Field Team
Aluxety
| |
|
05/21/2004
|
2 Bed
|
2 Bath
|
1290 ft²
|
$249,900
2 Bed
2 Bath
1290 ft²
|
$249,900
08/02/2004
|
Doug Ring
Doug Ring RE
| |
|
11/01/1996
|
1 Bed
|
1 Bath
|
772 ft²
|
$78,000
1 Bed
1 Bath
772 ft²
|
$73,000
-6.41%
01/03/1997
|
Jeanne Lovely
Armstrong Field Real Estate
| |
|
10/05/1995
|
2 Bed
|
2 Bath
|
1290 ft²
|
$89,000
2 Bed
2 Bath
1290 ft²
|
$87,500
-1.69%
11/21/1996
|
Cindy Matheson
Century 21 North Shore
| |
|
05/19/1995
|
1 Bed
|
1 Bath
|
772 ft²
|
$84,900
1 Bed
1 Bath
772 ft²
|
$77,000
-9.31%
06/21/1996
|
Shirley Divirgilio
Century 21 Advantage R. E.
|
Building Info
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