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Salem 01970 South Salem
13 Station Rd
$635,000
● House - Off Market

13 Station Rd

Salem, MA 01970
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,542 Ft²
$596,463
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Nothing to do but move in! This classic cape in historical Salem has been cared for and tastefully revived. Updates include revamped kitchen with granite countertops, vinyl plank flooring, tiled back splash and stainless steel appliances. No need for floor lamps, every room updated with recessed lighting. Stay cool this summer with four unit ductless mini-split system.  Nest thermostats for efficient heating. Upstairs bathroom updated in 2022. Brand new washer and dryer (2021). Exterior features include stone patio, deck, vinyl fencing and storage shed. Versatile floor plan with potential for home office or designated dining room. Close proximity to beaches, restaurants, shopping and parks! Offers due Tuesday 6/7 @ 2pm
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$376
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #72990684)

Price History

Date / Event Date Event Price
Jul 18, 2022 Sold
Premium
Sold
Jun 1, 2022 Listed by J. Barrett & Company $579,900
Listed by J. Barrett & Company
Nov 26, 2018 Sold
Premium
Sold
Sep 18, 2018 Listed by J. Barrett & Company $409,000
Listed by J. Barrett & Company
Sep 30, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 858
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,542
  • Gross Building Area: 2,806
  • Building Area: 1,542
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,542
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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:31 L:0056
  • Lot: 56
  • Municipality: SALEM
  • Latitude: 42.4973
  • Longitude: -70.8966

    Address

  • Full Address: 13 Station Rd
  • Address - House Number: 13
  • Address - Street Name: Station
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C026
  • 4-Digit Zip Code: 4434
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $620,200

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 646,030
  • High Value: 761,390
  • Low Value: 530,671

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,700
  • Assessed Land Value: $201,000
  • Assessed Improvements Value: $332,700

    Sales

  • Current Sale Contract Date: Jul 18, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220718004740
  • Previous Sale Recording Date: Nov 26, 2018
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: O
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:

$619,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2218 ft²

Average Home Age

86.1 years

Currently For Sale

44 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: 4 months ago
Data Source: MLS PIN, MLS# 72990684

Frequently Asked Questions

When was property at 13 Station Road built and last sold?
The property at 13 Station Road was built in 1955 and last sold on Jul 18, 2022 for $635,000.
How much is this home worth?
The estimated value of the home located at 13 Station Road is $578,548.
What are some comparable homes to 13 Station Road?
There are currently no comparable homes to 13 Station Road.
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