9 Barton Square #201
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | In contract | - | |
| In contract | |||
| May 31, 2023 | Listed by William Raveis R.E. & Home Services | $499,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
This townhouse-style unit is ideally situated in the heart of Salem, where all the action is, yet secluded & tucked away from the hustle & bustle. Enjoy an abundance of natural sunlight streaming into the unit. The living room boasts cathedral ceilings, a W/B fireplace, & sliders leading to a balcony, offering a serene outdoor space to relax & unwind. Open floor plan that seamlessly connects the living room, dining room, & kitchen w/custom cabinets, granite countertops, recessed lighting, & newer SS appliances, making it a delightful space for cooking & entertaining. Primary bedroom is located in a loft-style setting, adding a touch of uniqueness & privacy, with an en suite bathroom, walk-in closet, along w/ double wide closets for ample storage. 2nd bedroom, can be utilized as a den/office. Heat & Hot water included in condo fee. Bonus: in unit laundry. Step outside for shopping, visit PEM, cafes, boutiques, restaurants & landmarks. 3 blocks to commuter rail. On site fitness, saunas.
| |||
| Nov 16, 2017 | Sold | ||
| Sold | |||
| Sep 28, 2017 | Listed by RE/MAX 360 | $345,000 | |
| Listed by RE/MAX 360 | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017