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Salem 01970 North Salem
13 Manning Street
$380,000
● House - Off Market

13 Manning Street

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,524 Ft²
$812,383
RealtyHop Estimate
108.84%
Since Jun 1, 2003
MA-Boston
Primary Model

About This Property

RENOVATED COLONIAL IN KERNWOOD AREA. CHERRY/CORIAN KITCHEN, BEAUTIFUL TILE BATHS, SHINY HARDWOOD FLOORS. FAMILY ROOM COULD BE 4TH BEDROOM. GARAGE, NICE FENCED YARD, WALK UP SEE TOUR AT HTTP://MEDIA.MLSPIN.COM/PWTOUR.ASP?MLS=30676306
Unit Size
1,524 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$255
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1920

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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 #30676306)

Price History

Date / Event Date Event Price
May 23, 2003 Sold
Premium
Sold
Dec 30, 2002 Listed by Vernon A. Martin, Inc. $389,000
Listed by Vernon A. Martin, Inc.
Jan 30, 2001 Sold
Premium
Sold
Oct 12, 2000 Listed by Vernon A. Martin, Inc. $284,900
Listed by Vernon A. Martin, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 900
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,723
  • Total Building Area: 1,974
  • Gross Building Area: 3,130
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLES S JOHNSTON
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: SALEM SD
  • Census Tract: 204600

Geography

  • Parcel: SALE M:27 L:0410
  • Lot: 410
  • Municipality: SALEM
  • Latitude: 42.5306
  • Longitude: -70.9013

    Address

  • Full Address: 13 Manning St
  • Address - House Number: 13
  • Address - Street Name: Manning
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C027
  • 4-Digit Zip Code: 2404
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $658,300

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 686,229
  • High Value: 806,699
  • Low Value: 565,759

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,500
  • Assessed Land Value: $208,300
  • Assessed Improvements Value: $358,200

    Sales

  • Current Sale Recording Date: May 23, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 30, 2001
  • Previous Sale Amount: $278,000
  • 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 North Salem

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$421

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1605 ft²

Average Home Age

102.7 years

Currently For Sale

26 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# 30676306

Frequently Asked Questions

When was property at 13 Manning Street built and last sold?
The property at 13 Manning Street was built in 1920 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 13 Manning Street is $544,802.
What are some comparable homes to 13 Manning Street?
There are currently no comparable homes to 13 Manning Street.
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