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Salem 01970 South Salem
11 Hayes Rd
$345,000
● House - Off Market

11 Hayes Rd

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,488 Ft²
$618,011
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

PRICE REDUCTION! Start planning warm weather enjoyment in this well-maintained home. Newly installed roof!! Some of the features include large sun room bordering on private landscaped fenced yard,front porch and steps installed last summer, basement dry system, with some extra space for office, playroom, etc. Updated, vinyl sided exterior and replacement windows, recently serviced heating system. 3-4 br -your choice plenty of storage, including closets and garage. Dead end street rests on conservation . Extra freezer& fridge stays!! This house needs your personal touch to make it your own. Worth it!
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$239
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1949

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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 months ago (MLSPIN #71793315)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
Feb 18, 2015 Listed by Keller Williams Realty Evolution $354,900
Listed by Keller Williams Realty Evolution
Jun 25, 2007 Sold
Premium
Sold
May 10, 2007 Listed by Keller Williams Realty Evolution $359,000
Listed by Keller Williams Realty Evolution
Sep 14, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 7
  • Basement Area: 850
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,980
  • Total Building Area: 1,488
  • Gross Building Area: 3,061
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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: 204102

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:22 L:0174
  • Lot: 174
  • Municipality: SALEM
  • Latitude: 42.4938
  • Longitude: -70.8982

    Address

  • Full Address: 11 Hayes Rd
  • Address - House Number: 11
  • Address - Street Name: Hayes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C029
  • 4-Digit Zip Code: 4323
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $671,800

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 667,596
  • High Value: 790,692
  • Low Value: 544,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,100
  • Assessed Land Value: $216,000
  • Assessed Improvements Value: $362,100

    Sales

  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1037
  • Previous Sale Recording Date: Jun 25, 2007
  • Previous Sale Amount: $357,000
  • 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:

$618,750

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2103 ft²

Average Home Age

86.6 years

Currently For Sale

39 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71793315

Frequently Asked Questions

When was property at 11 Hayes Road built and last sold?
The property at 11 Hayes Road was built in 1949 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 11 Hayes Road is $369,201.
What are some comparable homes to 11 Hayes Road?
There are currently no comparable homes to 11 Hayes Road.
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