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$300,000
● Condo - Off Market

9 Charles #2

bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,184 Ft²
$591,555
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

Lovely sun-drenched two-bedroom Greek Revival Townhouse in desirable South End of Newburyport. Lots of windows and skylights. Recent interior paint top-to-bottom, and sparkling wide pine floors. Efficient double-pane replacement windows. Fenced back yard, small private deck and off-street parking. Only two units in association. Possibility of opening two fireplaces.
Unit Size
1,184 Ft²
Days on Market
-
Land Size
-
Price per sqft
$253
Property Type
Condo
Property Taxes
$187
HOA Dues
$100
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 #70070235)

Price History

Date / Event Date Event Price
Oct 1, 2004 Sold
Premium
Sold
Jul 30, 2004 Listed by Paul Kyte $299,900
Listed by Paul Kyte

Property Highlights

Parking Available
Interior Details
Level: Second
Width: 7
Length: 9
Area: 63
Level: Third
Width: 11
Length: 12
Area: 132
Width: 14
Length: 11
Level: Second
Area: 154
Length: 16
Level: Second
Area: 192
Width: 12
Level: Third
Length: 11
Width: 21
Area: 231
Length: 10
Level: Second
Area: 170
Width: 17
Level: Third
Full Bathrooms: 1
Interior Features: Office
Appliances: Range, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood, Vinyl
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Charles Street Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RIII
Parcel Number: 2085524
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $156,800
Tax Annual Amount: $2,241
Utilities Details
Cooling Type: None
Heating Type: Central, Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $100
Complex is Completed

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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Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70070235
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