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Salem 01970 South Salem
1 Glendale St
$282,000
● House - Off Market

1 Glendale St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,542 Ft²
$630,684
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model

About This Property

Fully renovated 3 bedroom Colonial, moments away from beautiful area parks and beaches. Renovated in 2003, this home boasts hardwood floors throughout, newer windows, roof, central air/heat, shake siding, gorgeous kitchen w/ granite tops/stainless appliances & more! Bedrooms offer ample room and hardwoods - the master has a walk-in closet! Bathrooms are gorgeously renovated w/ double vanities, whirlpool tubs and marble floors! Located on a corner lot in desirable Salem, this house is a must see!
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$188
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1870

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #71306638)

Price History

Date / Event Date Event Price
Mar 9, 2012 Sold
Premium
Sold
Nov 21, 2011 Sold
Premium
Sold
Nov 1, 2011 Listed by Christopher P. Olson $289,900
Listed by Christopher P. Olson
Jul 27, 2006 Sold
Premium
Sold
Apr 28, 2006 Listed by Christopher P. Olson $415,000
Listed by Christopher P. Olson

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,751
  • Total Building Area: 1,442
  • Gross Building Area: 2,142
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204101

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:33 L:0640
  • Lot: 640
  • Municipality: SALEM
  • Latitude: 42.5092
  • Longitude: -70.8899

    Address

  • Full Address: 1 Glendale St
  • Address - House Number: 1
  • Address - Street Name: Glendale
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C041
  • 4-Digit Zip Code: 5401
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $684,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 656,583
  • High Value: 791,121
  • Low Value: 522,045

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $588,600
  • Assessed Land Value: $188,900
  • Assessed Improvements Value: $399,700

    Sales

  • Current Sale Recording Date: Nov 21, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Previous Sale Recording Date: Jul 27, 2006
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Salem

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2125 ft²

Average Home Age

87.2 years

Currently For Sale

37 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71306638

Frequently Asked Questions

When was property at 1 Glendale Street built and last sold?
The property at 1 Glendale Street was built in 1870 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 1 Glendale Street is $310,234.
What are some comparable homes to 1 Glendale Street?
There are currently no comparable homes to 1 Glendale Street.
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