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Salem 01970 South Salem
13 Chandler Road
Photo of 13 Chandler Road

1

Map

$285,000
● House - Off Market

13 Chandler Road

Salem, MA 01970
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,754 Ft²
$1,733
Est. Monthly

About This Property

This Crisp, Clean, Cape is in excellent condition and awaits your inspection. Located in a Southern Salem neighborhood, it is close to the Swampscott line.  There are hard wood floors throughout while the kitchen has updated vinyl.  The generously sized living room has a fireplace and quality made, built-in bookcases.  The large, eat-in kitchen is filled with light. Four bedrooms with master and second on main level. Generous, private yard.Detached 1 car garage. Freshly painted. Welcome Home!
Unit Size
1,754 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$162
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1952

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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: 2 months ago (MLSPIN #71241445)

Price History

Date / Event Date Event Price
Aug 9, 2013 Sold
Premium
Sold
Jun 21, 2013 Listed by By The Sea Sotheby's International Realty $279,900
Listed by By The Sea Sotheby's International Realty
Jun 1, 2011 Listed by By The Sea Sotheby's International Realty $285,000
Listed by By The Sea Sotheby's International Realty
Feb 4, 2011 Sold
Premium
Sold
Nov 3, 2010 Listed by By The Sea Sotheby's International Realty $295,000
Listed by By The Sea Sotheby's International Realty
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 816
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,882
  • Total Building Area: 1,468
  • Gross Building Area: 2,776
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILBER HATT
  • Land Acres: 0000000158
  • 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:21 L:0177
  • Lot: 177
  • Municipality: SALEM
  • Latitude: 42.4876
  • Longitude: -70.8972

    Address

  • Full Address: 13 Chandler Rd
  • Address - House Number: 13
  • Address - Street Name: Chandler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C026
  • 4-Digit Zip Code: 4203
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,800

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 623,099
  • High Value: 734,364
  • Low Value: 511,834

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,900
  • Assessed Land Value: $185,300
  • Assessed Improvements Value: $338,600

    Sales

  • Current Sale Recording Date: Aug 09, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 179
  • Previous Sale Recording Date: Feb 04, 2011
  • Previous Sale Amount: $282,500
  • 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:

$620,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2207 ft²

Average Home Age

89.3 years

Currently For Sale

47 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: 2 months ago
Data Source: MLS PIN, MLS# 71241445

Frequently Asked Questions

When was property at 13 Chandler Road built and last sold?
The property at 13 Chandler Road was built in 1952 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 13 Chandler Road is $303,285.
What are some comparable homes to 13 Chandler Road?
There are currently no comparable homes to 13 Chandler Road.
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