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Salem 01970 Salem Neck
12 Planters St
Photo of 12 Planters St
Sold on Oct 27, 2025

41

Map

Photo of 12 Planters St
Photo of 12 Planters St
$535,000
● House - Off Market

12 Planters St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,840 Ft²
$3,403
Est. Monthly
5.22%
Cap Rate

About This Property

RARE OPPORTUNITY IN COLLINS COVE! This freshly painted 3-bedroom, 1.5-bath home offers a flexible layout and endless potential in one of Salem's most sought-after seaside neighborhoods. The first floor features a bright and open living/dining area that flows to a back deck and fenced yard-perfect for relaxing or entertaining. The spacious kitchen includes a charming pantry, while a bonus room off the entry makes a great office or playroom. Upstairs offers a large primary bedroom, two additional bedrooms, a full bath, and convenient second-floor laundry. A 1-car garage and 2-car driveway complete this appealing package. Enjoy easy access to the beach, Salem Willows, parks, restaurants, and the commuter rail. This inviting home is ready for your personal touch!
Unit Size
1,840 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$321
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1880

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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: 12 months ago (MLSPIN #73411563)

Price History

Date / Event Date Event Price
Oct 27, 2025 Sold
Premium
Sold
Sep 23, 2025 In contract -
In contract
Sep 10, 2025 Price Decreased $590,000
↓ $10K (1.7%)
Price Decreased
Aug 20, 2025 Price Decreased $600,000
↓ $19K (3.1%)
Price Decreased
Jul 30, 2025 Listed by Keller Williams Realty $619,000
Listed by Keller Williams Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 520
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,099
  • Total Building Area: 1,840
  • Gross Building Area: 2,468
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000094
  • 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: 204500

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:36 L:0251
  • Lot: 251
  • Municipality: SALEM
  • Latitude: 42.5325
  • Longitude: -70.8871

    Address

  • Full Address: 12 Planters St
  • Address - House Number: 12
  • Address - Street Name: Planters
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C005
  • 4-Digit Zip Code: 4121
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $585,600

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 732,715
  • High Value: 888,974
  • Low Value: 576,456

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $504,000
  • Assessed Land Value: $158,400
  • Assessed Improvements Value: $345,600

    Sales

  • Current Sale Recording Date: Jun 07, 2011
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 12, 1988
  • Previous Sale Amount: $115,000
  • 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 Salem Neck

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$446

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1378 ft²

Average Home Age

165.5 years

Currently For Sale

13 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: 12 months ago
Data Source: MLS PIN, MLS# 73411563

Frequently Asked Questions

When was property at 12 Planters Street built and last sold?
The property at 12 Planters Street was built in 1880 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12 Planters Street is $0.
What are some comparable homes to 12 Planters Street?
There are currently no comparable homes to 12 Planters Street.
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