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Salem 01970 South Salem
1 Ugo Rd
$575,000
● House - Off Market

1 Ugo Rd

Salem, MA 01970
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,975 Ft²
$826,529
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

New to Market!  Beautiful oversized sun filled colonial, in well sought after Witchcrafts Heights neighborhood. You'll love the curbside appeal and the beautifully landscaped grounds. Move right in! Tastefully updated interior offers flexible floor plan to meet all your needs! There is even private space for guest, teen suite or in law potential! Fabulous kitchen offers granite counter tops and SS appliances, large private deck overlooks backyard for barbecues with family and friends or just sit back and enjoy the view. Lower Level: FP Family Room , laundryroom and 3 additional rooms and bath. 1st level: Livingroom,diningroom. kitchen, full bath and den/bedroom. 3rd level: 4 bedrooms, large bathroom and bonus room.  Location is convenient to schools, shopping, restaurants, town and commuter rail.
Unit Size
2,975 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$195
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1972

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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 #72501156)

Price History

Date / Event Date Event Price
Feb 11, 2026 Sold
Premium
Sold
Jan 7, 2026 In contract -
In contract
Dec 29, 2025 Listed by Lamacchia Realty, Inc. $849,900
Listed by Lamacchia Realty, Inc.
Legal ADU! Get ready to move into a great house in walkable/quiet neighborhood near parks and schools, shopping etc.!! This house has 4 beds, 2.5 baths. The square footage speaks for itself. Book your showing today! See Firm remarks.
Jul 15, 2019 Sold
Premium
Sold
May 15, 2019 Listed by Tache Real Estate, Inc. $579,900
Listed by Tache Real Estate, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 2,975
  • Gross Building Area: 3,528
  • Building Area: 2,975
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,975
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 204702

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:09 L:0088
  • Lot: 88
  • Municipality: SALEM
  • Latitude: 42.5103
  • Longitude: -70.9249

    Address

  • Full Address: 1 Ugo Rd
  • Address - House Number: 1
  • Address - Street Name: Ugo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C009
  • 4-Digit Zip Code: 1039
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $851,600

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 816,567
  • High Value: 946,046
  • Low Value: 687,088

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $732,900
  • Assessed Land Value: $238,700
  • Assessed Improvements Value: $494,200

    Sales

  • Current Sale Contract Date: Jul 11, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190715001730
  • Previous Sale Recording Date: Jul 27, 2015
  • 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

$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# 72501156

Frequently Asked Questions

When was property at 1 Ugo Road built and last sold?
The property at 1 Ugo Road was built in 1972 and last sold on Jul 11, 2019 for $575,000.
How much is this home worth?
The estimated value of the home located at 1 Ugo Road is $860,777.
What are some comparable homes to 1 Ugo Road?
There are currently no comparable homes to 1 Ugo Road.
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