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Salem 01970 Salem Neck
14 Thorndike St
$190,000
● House - Off Market

14 Thorndike St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,187 Ft²
$403,315
RealtyHop Estimate
101.76%
Since Apr 1, 2008
MA-Boston
Primary Model

About This Property

NOT A SHORT SALE. Adorable single family 3 bedroom and 2 bathrooms,kitchen, living room.  Sold as is.  Pre-quals on all offers.*Any and all offers are contingent upon receipt of a fully executed and mutually acceptable Purchase & Sale agreement. Including any and all of the seller's addendums. The acceptance of good faith monies in escrow without an executed P&S Agreement does not bind the seller. SELLER MAY TAKE 3-5 BUSINESS DAYS TO RESPOND TO OFFERS.
Unit Size
1,187 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$168
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1870

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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: 6 months ago (MLSPIN #70679898)

Price History

Date / Event Date Event Price
Mar 14, 2008 Sold
Premium
Sold
Nov 29, 2007 Sold
Premium
Sold
Nov 20, 2007 Listed by New England Group Services Inc. $199,900
Listed by New England Group Services Inc.
Jan 3, 2006 Sold
Premium
Sold
Jul 18, 2005 Listed $255,000
Listed
Spacious mansard colonial, located on a dead end street. Nice private yard Freshly painted exterior, fully insulated (blown in) 2005, replacement windows, new stove, new kitchen floor, Call for details!
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 644
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,001
  • Total Building Area: 1,173
  • Gross Building Area: 1,924
  • Building Area: 1,173
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,173
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000069
  • 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: 204500

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:37 L:0029
  • Lot: 29
  • Municipality: SALEM
  • Latitude: 42.535
  • Longitude: -70.8884

    Address

  • Full Address: 14 Thorndike St
  • Address - House Number: 14
  • Address - Street Name: Thorndike
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C005
  • 4-Digit Zip Code: 2628
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $531,800

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 490,130
  • High Value: 616,729
  • Low Value: 363,530

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $457,700
  • Assessed Land Value: $153,900
  • Assessed Improvements Value: $303,800

    Sales

  • Current Sale Recording Date: Mar 14, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 29, 2007
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: 34
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:

$569,900

Sale Price/ft²

$446

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1525 ft²

Average Home Age

164.7 years

Currently For Sale

17 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: 6 months ago
Data Source: MLS PIN, MLS# 70679898

Frequently Asked Questions

When was property at 14 Thorndike Street built and last sold?
The property at 14 Thorndike Street was built in 1870 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 14 Thorndike Street is $220,811.
What are some comparable homes to 14 Thorndike Street?
There are currently no comparable homes to 14 Thorndike Street.
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