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Salem 01970 South Salem
1 Leval Rd
$187,500
● House - Off Market

1 Leval Rd

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,426 Ft²
$356,243
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

Financed offers require Sellers pre-qual with offer; cash offers require proof of funds.  Seller's addendums to be signed within 48 hours of accepted offer.Large Cape close to Golf Course, High School, Shopping and Transportation, Side Street Location offering fenced in yard .Final and best due vby 5 pm 4/3/2012  Download and return attached final and best offer form
Unit Size
2,426 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$72
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1957

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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 #71329138)

Price History

Date / Event Date Event Price
Jun 28, 2012 Sold
Premium
Sold
Jan 19, 2012 Listed by Century 21 Hughes $174,900
Listed by Century 21 Hughes
Jul 18, 2007 Sold
Premium
Sold
Sep 29, 2000 Sold
Premium
Sold
May 19, 2000 Listed $249,900
Listed
LARGE CUSTOM BUILT 3 BR CAPE IN QUIET RESIDENTIAL AREA. GUNITE POOL, LARGE FINISHED BASEMENT WITH DRY BAR, NEW HEATING SYSTEM HARDWOOD FLOORS, HEATED BREEZEWAY LGE LR W/ FP. SUMP PUMP IN BASEMENT
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,000
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,398
  • Total Building Area: 1,468
  • Gross Building Area: 3,957
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARTHUR W & CATHERINE E TETREAU
  • Land Acres: 0000000193
  • 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: 204701

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:24 L:0051
  • Lot: 51
  • Municipality: SALEM
  • Latitude: 42.5073
  • Longitude: -70.9046

    Address

  • Full Address: 1 Leval Rd
  • Address - House Number: 1
  • Address - Street Name: Leval
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C037
  • 4-Digit Zip Code: 2815
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2411
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 556,986
  • High Value: 659,687
  • Low Value: 454,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $422,700
  • Assessed Land Value: $192,000
  • Assessed Improvements Value: $230,700

    Sales

  • Current Sale Recording Date: Jun 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 18, 2007
  • Previous Sale Amount: $303,825
  • Previous Sale Document Type: 34
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

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2270 ft²

Average Home Age

87.2 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 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: 4 months ago
Data Source: MLS PIN, MLS# 71329138

Frequently Asked Questions

When was property at 1 Leval Road built and last sold?
The property at 1 Leval Road was built in 1957 and last sold on Jan 1, 1970 for $187,500.
How much is this home worth?
The estimated value of the home located at 1 Leval Road is $216,894.
What are some comparable homes to 1 Leval Road?
There are currently no comparable homes to 1 Leval Road.
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