Stunning new construction contemporary two unit brand new building designed and built by Northeast Builders, a premier Merrimack Valley build-design firm, and sited on a maintenance-free direct beachfront lot with unobstructed ocean and shoreline views from throughout this spacious, 3,263sf two unit, seven bedroom design. Both units feature epicurean-inspired island kitchens with quartz countertops and stainless steel Bertazzoni appliances. The first floor features a 1,243sf five room, three bedroom two bath one level unit. The penthouse unit is two stories with four bedrooms, two baths and a top floor primary suite plus a den perched above the ocean with unparalleled ocean views up and down the coast. Custom details throughout including gas/electric fireplaces, three covered balconies/decks, tiled luxury baths and state of the art heating and air conditioning with Mitsubishi hyper heat systems. Projected annual income in excess of $181,000/year. Ready for Summer 2023 memories!
This home has been viewed 38 times
Last Checked: May 7th, 2024 at 4:06am (Source: MLS PIN #73101589)
Gross Income: $12
Gross Expenses: $15,522
Net Income Calc: $15,510
Water Views
Annual Expenses for 187 Atlantic, Salisbury MA 01952
Total Gross Expenses (Calculated)$15,522/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6581.51
Annual Income & Unit Breakdown for 187 Atlantic, Salisbury MA 01952
Total Gross Income (Calculated)$12
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 187 Atlantic, Salisbury MA 01952
Listing ID73101589
Property TypeMulti Family / 2 Family
Price2970000 ($910.21/SqFt)
Style2 Family - 2 Units Up/down
CitySalisbury
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total3263
Approximate Lot Size (Acres)0.09
Total Parking4
Garage Parking0
Year Built2023
Year Built SourceBuilder
Year Built DetailsActual,Finished, Never Occupied
WaterPublic,individual Meter
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water ViewsYes
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 187 Atlantic, Salisbury MA 01952
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Compensation Based OnNet Sale Price
Financial Information for 187 Atlantic, Salisbury MA 01952
Real Estate Taxes6581.51
Tax Year2022
Assessed Value$590,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 187 Atlantic, Salisbury MA 01952
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 187 Atlantic, Salisbury MA 01952