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Salisbury 01952
116 Atlantic Ave
$420,000
● House - Off Market

116 Atlantic Ave

Salisbury, MA 01952
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,120 Ft²
$640,952
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

A Little Slice of Paradise on Salisbury Beach! Captivating 2 bedroom, 2 bath beach house has premiere parking for 7+ cars, a sandy backyard with cement patio and outdoor shower head, water views from second-floor deck off master bedroom and front and back sunrooms to enjoy early sunrises and afternoon sunsets. This year-round home can be your residence, vacation home or could also be an excellent investment property. Open floor plan, first-floor bath with washer and dryer, plenty of room for entertaining this home comes completely furnished and ready for you to move right in. Your new beach lifestyle is straight ahead!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$393
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1913

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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 #72574903)

Price History

Date / Event Date Event Price
Jan 28, 2020 Sold
Premium
Sold
Oct 3, 2019 Listed by Coldwell Banker Residential Brokerage - Newburyport $439,900
Listed by Coldwell Banker Residential Brokerage - Newburyport

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 416
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 800
  • Gross Building Area: 1,754
  • Building Area: 800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000057
  • 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-A
  • Parcel: SALI M:32 P: 171
  • Municipality: SALISBURY
  • Latitude: 42.8356
  • Longitude: -70.8163

    Address

  • Full Address: 116 Atlantic Ave
  • Address - House Number: 116
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C020
  • 4-Digit Zip Code: 2814
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,100

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 643,668
  • High Value: 749,812
  • Low Value: 537,525

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $620,200
  • Assessed Land Value: $450,000
  • Assessed Improvements Value: $170,200

    Sales

  • Current Sale Contract Date: Jan 16, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 609573
  • Previous Sale Recording Date: Apr 24, 2003
  • 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:

$619,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1692 ft²

Average Home Age

28.4 years

Currently For Sale

40 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 116 Central, Salisbury, 01952

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
116 Central #UNIT3, Salisbury, 01952 Listing by Hunter Carey
Unit for rent at 432 North End, Salisbury, 01952

$3,300 /mo

  • 4 Beds
  • 1,152 ft²
432 North End, Salisbury, 01952 Listing by Hunter Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72574903

Frequently Asked Questions

When was property at 116 Atlantic Avenue built and last sold?
The property at 116 Atlantic Avenue was built in 1913 and last sold on Jan 16, 2020 for $420,000.
How much is this home worth?
The estimated value of the home located at 116 Atlantic Avenue is $447,211.
What are some comparable homes to 116 Atlantic Avenue?
There are currently no comparable homes to 116 Atlantic Avenue.
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