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Salisbury 01952
101 Atlantic Ave
$485,000
● House - Off Market

101 Atlantic Ave

Salisbury, MA 01952
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,599 Ft²
$594,601
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

BEST OCEANFRONT OPPORTUNITY ON SALISBURY BEACH. 6 BEDROOM SINGLE FAMILY PROVIDING PLENTY OF ROOM FOR FAMILY & FRIENDS.  FEATURES UPDATED KITCHEN, FIREPLACE IN LIVING ROOM, 2 CAR PARKING, PATIO, DIRECT PRIVATE ACCESS TO BEACH FRONT, SUBSTANTIAL DUNE PROTECTION,  LOW FLOOD INSURANCE PREMIUM. LOCATED ON ATLANTIC AVE ONE WAY DEAD END STREET ON SOUTH SIDE OF   SALISBURY BEACH.  EASY WALK TO ENTERTAINMENT CENTER & RESTAURANTS.  ALL FURNITURE & APPLIANCES TO REMAIN AS VIEWED.
Unit Size
1,599 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$313
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1948

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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: 5 years ago (MLSPIN #72631022)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Mar 10, 2020 Listed by Tom Saab Real Estate $499,900
Listed by Tom Saab Real Estate
Oct 17, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 3
  • Basement Area: 667
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,154
  • Total Building Area: 1,599
  • Gross Building Area: 2,001
  • Building Area: 1,599
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,599
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000026
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267103

Zoning

  • Zoning: R3

Geography

  • Account Number: 3200-71
  • Parcel: SALI M:32 P: 145
  • Municipality: SALISBURY
  • Latitude: 42.8366
  • Longitude: -70.816

    Address

  • Full Address: 101 Atlantic Ave
  • Address - House Number: 101
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C020
  • 4-Digit Zip Code: 2830
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $470,600

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 495,963
  • High Value: 581,492
  • Low Value: 410,435

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $450,300
  • Assessed Land Value: $230,800
  • Assessed Improvements Value: $219,500

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 625109
  • Previous Sale Recording Date: Oct 17, 2006
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: 48
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:

$617,450

Sale Price/ft²

$460

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1669 ft²

Average Home Age

28.3 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 220 North End, Salisbury, 01952

$7,000 /mo

  • 3 Beds
  • 1 Bath
  • 2,256 ft²
220 North End #2, Salisbury, 01952 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72631022

Frequently Asked Questions

When was property at 101 Atlantic Avenue built and last sold?
The property at 101 Atlantic Avenue was built in 1948 and last sold on May 14, 2021 for $485,000.
How much is this home worth?
The estimated value of the home located at 101 Atlantic Avenue is $0.
What are some comparable homes to 101 Atlantic Avenue?
There are currently no comparable homes to 101 Atlantic Avenue.
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