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Salem 01970 South Salem
11 West Circle
$391,000
● House - Off Market

11 West Circle

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,478 Ft²
$585,878
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Perched above Forest River Park, this home has something for everyone! Enter into the main level complete with an open living and dining area boasting a fireplace, recessed lighting and hardwood flooring, enjoy the natural light in the oversized sunroom and the kitchen with updated cabinetry which overlooks the backyard. The three generous bedrooms offer a master with direct access to a 3/4 bathroom, while the other two bedrooms are directly across from an updated full bathroom. Oh the possibilities in the basement! The downstairs offers a large family room with dry bar, a workshop room with laundry area, utility sink and toilet and direct access to the garage. Outside there is ample parking and plenty of yard space. A must see!
Unit Size
2,478 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$149
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72138232)

Price History

Date / Event Date Event Price
May 30, 2017 Sold
Premium
Sold
Mar 30, 2017 Listed by Armstrong Field Real Estate $369,900
Listed by Armstrong Field Real Estate
Feb 21, 2007 Sold
Premium
Sold
Jun 20, 1997 Sold
Premium
Sold
Mar 8, 1997 Listed $185,000
Listed
BOTH REFRIGERATORS TO REMAIN AS GIFTS, SUN PORCH HAS FIELD STONE FLOOR AND CAN BE CONVERTED TO SEPERATE HEATING ZONE CUSTOM OAK BLINDS TO REMAIN.

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,416
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,600
  • Total Building Area: 2,703
  • Gross Building Area: 3,057
  • Building Area: 2,703
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,703
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000266
  • 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: 204101

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:32 L:0269
  • Lot: 269
  • Municipality: SALEM
  • Latitude: 42.5055
  • Longitude: -70.8866

    Address

  • Full Address: 11 West Cir
  • Address - House Number: 11
  • Address - Street Name: West
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Salem
  • Carrier Code: C041
  • 4-Digit Zip Code: 5429
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $744,300

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 810,941
  • High Value: 955,749
  • Low Value: 666,134

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,500
  • Assessed Land Value: $215,800
  • Assessed Improvements Value: $424,700

    Sales

  • Current Sale Recording Date: May 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 477
  • Previous Sale Recording Date: Feb 21, 2007
  • Previous Sale Amount: $383,000
  • 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

2171 ft²

Average Home Age

83.9 years

Currently For Sale

33 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: 5 months ago
Data Source: MLS PIN, MLS# 72138232

Frequently Asked Questions

When was property at 11 West Circle built and last sold?
The property at 11 West Circle was built in 1953 and last sold on Jan 1, 1970 for $391,000.
How much is this home worth?
The estimated value of the home located at 11 West Circle is $406,003.
What are some comparable homes to 11 West Circle?
There are currently no comparable homes to 11 West Circle.
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