$249,900
●
Condo -
Off Market
9 Barton Square #2029
Salem, MA 01970
2 Beds
2 Baths
1,290 Ft²
$464,662
RealtyHop Estimate
85.94%
Since Sep 1, 2004
MA-Boston
Primary Model
Unit Size
1,290 Ft²
Days on Market
-
Land Size
-
Price per sqft
$194
Property Type
Condo
Property Taxes
$153
HOA Dues
$313
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 #70038213)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2004 | Sold | ||
| Sold | |||
| May 21, 2004 | Listed by Doug Ring RE | $249,900 | |
| Listed by Doug Ring RE | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1290
Square Footage Source: $0
Security Features: Intercom
Year Built Source: Owner
Year Built: 1982
Building Name: Heritage Plaza
Building Area Total: 1290
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $156,400
Tax Annual Amount: $1,831
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat
HOA/Condo/Coop Amenities: Hot Water, Fitness Center, Sauna/Steam
HOA Fee: $313
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017