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Essex 01952
10 Pike Street
$110,000
● Land - Off Market

10 Pike Street

Salisbury, MA 01952
bedrooms
Studio
bathrooms
0 Bath
$175,876
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Located on a half acre of land, a few miles from the NH/MA beaches, close to commuter routes, a minute from the NH border...house needs total rehab or rebuild. Being sold "as is". Can be rebuilt in the current footprint of approx 1,100 plus square feet; adding a second level would give you a good-sized home. Some renovations had been started but are unfinished. This is a great location for a getaway Cottage near the beaches, or add a modular home to downsize and make life easy and be in your new home quickly. Details on the condition of the property are available. This may have to be a cash sale or a rehab type loan. Town water and low taxes!
Unit Size
-
Days on Market
-
Land Size
0.42 acres
Price per sqft
-
Property Type
Land
Property Taxes
$193
HOA Dues
-
Year Built
1900

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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 #72488934)

Price History

Date / Event Date Event Price
Sep 27, 2019 Sold
Premium
Sold
Apr 26, 2019 Listed by Bean Group $120,000
Listed by Bean Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,151
  • Total Building Area: 1,154
  • Gross Building Area: 1,274
  • Building Area: 1,154
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,154
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000417
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Account Number: 99/79, 197
  • Parcel: SALI M:19 P: 98
  • Municipality: SALISBURY
  • Latitude: 42.8693
  • Longitude: -70.872

    Address

  • Full Address: 10 Pike St
  • Address - House Number: 10
  • Address - Street Name: Pike
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 1220
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $263,200

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 273,360
  • High Value: 322,623
  • Low Value: 224,097

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $251,900
  • Assessed Land Value: $164,100
  • Assessed Improvements Value: $87,800

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190927007560
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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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 21 Folly Mill, Seabrook, 03874

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 756 ft²
21 Folly Mill #5E, Seabrook, 03874 Listing by Jarad Gagnon

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72488934

Frequently Asked Questions

When was property at 10 Pike Street built and last sold?
The property at 10 Pike Street was built in 1900 and last sold on Sep 27, 2019 for $110,000.
How much is this home worth?
The estimated value of the home located at 10 Pike Street is $121,200.
What are some comparable homes to 10 Pike Street?
There are currently no comparable homes to 10 Pike Street.
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