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Salem 01970 South Salem
14 Grant Rd
Photo of 14 Grant Rd
Sold on Feb 2, 2009

1

Map

$376,000
● House - Off Market

14 Grant Rd

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,519 Ft²
$873,755
RealtyHop Estimate
119.54%
Since Mar 1, 2009
MA-Boston
Primary Model

About This Property

MOTIVATED SELLERS!! HOME WARRANTY AVAILABLE!! Beautiful custom colonial has it all!! Great spacious 3 season patio overlooking the beautifully landscaped fenced in yard! Finished lower level is great for a family room, play room, and even has a built in bar! Properties updates include : New high quality vinyl windows, new roof on sunporch, new soffits and gutters, updated interior, New modern vinyl tile flooring in kitchen, new plumbing!! GREAT FAMILY NEIGHBORHOOD, ONE BLOCK FROM PARK/BIKE PATH
Unit Size
2,519 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$158
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1940

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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 #70844664)

Price History

Date / Event Date Event Price
Feb 2, 2009 Sold
Premium
Sold
Nov 8, 2008 Listed $398,000
Listed
Jan 9, 2004 Sold
Premium
Sold
Oct 21, 2003 Listed $394,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 780
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,708
  • Total Building Area: 1,651
  • Gross Building Area: 2,831
  • Building Area: 1,651
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,651
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LORING REALTY CO
  • Land Acres: 0000000154
  • 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:0176
  • Lot: 176
  • Municipality: SALEM
  • Latitude: 42.4957
  • Longitude: -70.8931

    Address

  • Full Address: 14 Grant Rd
  • Address - House Number: 14
  • Address - Street Name: Grant
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C029
  • 4-Digit Zip Code: 4453
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $695,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 707,812
  • High Value: 826,881
  • Low Value: 588,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $598,300
  • Assessed Land Value: $209,600
  • Assessed Improvements Value: $388,700

    Sales

  • Current Sale Recording Date: Feb 02, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 09, 2004
  • Previous Sale Amount: $394,900
  • 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 South Salem

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2270 ft²

Average Home Age

87.2 years

Currently For Sale

43 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# 70844664

Frequently Asked Questions

When was property at 14 Grant Road built and last sold?
The property at 14 Grant Road was built in 1940 and last sold on Jan 1, 1970 for $376,000.
How much is this home worth?
The estimated value of the home located at 14 Grant Road is $434,312.
What are some comparable homes to 14 Grant Road?
There are currently no comparable homes to 14 Grant Road.
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