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Salisbury 01952
1 Lafayette Rd
$429,000
● House - Off Market

1 Lafayette Rd

Salisbury, MA 01952
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,974 Ft²
$455,216
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Investors take notice! This property is in need of some TLC.  Bring your idea's to make property your own. One acre with plenty of parking, and five minute drive to the beach! Cape-Style house feature's one full and one half bath. Office suite extends the living room, with a good sized dining room plenty of space for a large table, with separate kitchen area. Washer/Dryer hookups, and separate laundry room. Property also features mobile home, shed and garage. As is, no warranties expressed or implied.
Unit Size
1,974 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$228
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #72966236)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Apr 13, 2022 Listed by Keller Williams Realty - Merrimack $450,000
Listed by Keller Williams Realty - Merrimack
May 15, 2000 Sold
Premium
Sold
Nov 24, 1999 Listed $99,000
Listed
BUSY ROUTE ONE NEAR NEW HAMPSHIRE BORDER COMM
Dec 30, 1994 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1923
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 4
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 712
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,974
  • Total Building Area: 1,974
  • Gross Building Area: 3,435
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Georgetown School District
  • Census Tract: 267102

Zoning

  • Zoning: R2

Geography

  • Account Number: 81/4
  • Parcel: SALI M: 6 P: 23
  • Municipality: SALISBURY
  • Latitude: 42.8422
  • Longitude: -70.8613

    Address

  • Full Address: 1 Lafayette Rd
  • Address - House Number: 1
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C017
  • 4-Digit Zip Code: 1939
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $411,800

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 409,883
  • High Value: 475,944
  • Low Value: 343,821

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $394,100
  • Assessed Land Value: $174,300
  • Assessed Improvements Value: $219,800

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220607002810
  • Previous Sale Recording Date: Dec 30, 1994
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Salisbury

Stats & Trends

Median Asking:

$615,000

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1650 ft²

Average Home Age

32.4 years

Currently For Sale

43 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 246 South Main, Seabrook, 03874

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,120 ft²
246 South Main, Seabrook, 03874 Listing by Robert Gilman

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72966236

Frequently Asked Questions

When was property at 1 Lafayette Road built and last sold?
The property at 1 Lafayette Road was built in 1920 and last sold on Jun 7, 2022 for $429,000.
How much is this home worth?
The estimated value of the home located at 1 Lafayette Road is $476,252.
What are some comparable homes to 1 Lafayette Road?
There are currently no comparable homes to 1 Lafayette Road.
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