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Salem 01970 Salem Neck
13 Victory Road
Photo of 13 Victory Road
Sold on Sep 29, 2006

1

Map

$360,000
● House - Off Market

13 Victory Road

Salem, MA 01970
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$664,823
RealtyHop Estimate
82.19%
Since Oct 1, 2006
MA-Boston
Primary Model

About This Property

Salem Willows area,Dead end St close to the Bentley School area and Memorial Park. Close to the Willows and Pickering Wharf area. Extra large yard features a custom maintaince-free fence,and a custom 2level shed for add.storage. The yard areas are professionally landscaped with beautiful plants,area for additional gardens. This house has a diverse floor plan can be used as a 4 bedroom or 3 bedroom leaving addtional rooms for your own use.Fireplace has a pellet stove insert
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$188
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1949

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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: 4 months ago (MLSPIN #70393701)

Price History

Date / Event Date Event Price
Sep 29, 2006 Sold
Premium
Sold
May 24, 2006 Listed $364,900
Listed
Oct 15, 2002 Sold
Premium
Sold
Apr 1, 2002 Listed $314,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,072
  • Total Building Area: 1,428
  • Gross Building Area: 2,786
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOUSE LT DEV LAND
  • Land Acres: 0000000185
  • 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: 204400

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:42 L:0062
  • Lot: 62
  • Municipality: SALEM
  • Latitude: 42.5287
  • Longitude: -70.8784

    Address

  • Full Address: 13 Victory Rd
  • Address - House Number: 13
  • Address - Street Name: Victory
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C012
  • 4-Digit Zip Code: 5629
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $575,800

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 607,346
  • High Value: 703,279
  • Low Value: 511,413

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,500
  • Assessed Land Value: $190,600
  • Assessed Improvements Value: $304,900

    Sales

  • Current Sale Recording Date: Sep 29, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 15, 2002
  • Previous Sale Amount: $317,900
  • 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:

$549,900

Sale Price/ft²

$447

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1477 ft²

Average Home Age

150.1 years

Currently For Sale

14 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# 70393701

Frequently Asked Questions

When was property at 13 Victory Road built and last sold?
The property at 13 Victory Road was built in 1949 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 13 Victory Road is $390,482.
What are some comparable homes to 13 Victory Road?
There are currently no comparable homes to 13 Victory Road.
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