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Salem 01970 South Salem
15 Belleau Road
Photo of 15 Belleau Road
Sold on Oct 26, 2007

1

Map

$320,000
● House - Off Market

15 Belleau Road

Salem, MA 01970
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,863 Ft²
$628,289
RealtyHop Estimate
91.26%
Since Nov 1, 2007
MA-Boston
Primary Model

About This Property

Classic five room cape in beautiful Forest River Park area!Two fireplaces one w/ wood stove,hardwood floors throughout, granite counters in large eat in kitchen,plenty of storage,finished stairway to attic,three built in air conditioners and private fenced in yard with patio area.Attic is expansion ready for even more living space.Park, beach, pool and college all within walking distance.Quiet neighborhood on dead end street!
Unit Size
1,863 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$176
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1953

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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 #70648869)

Price History

Date / Event Date Event Price
Oct 26, 2007 Sold
Premium
Sold
Sep 16, 2007 Listed $328,500
Listed
Oct 31, 2002 Sold
Premium
Sold
Sep 10, 2002 Listed $349,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 920
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,164
  • Total Building Area: 1,863
  • Gross Building Area: 3,004
  • Building Area: 1,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,863
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: 204101

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:32 L:0295
  • Lot: 295
  • Municipality: SALEM
  • Latitude: 42.5051
  • Longitude: -70.8879

    Address

  • Full Address: 15 Belleau Rd
  • Address - House Number: 15
  • Address - Street Name: Belleau
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C041
  • 4-Digit Zip Code: 5409
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $547,100

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 662,108
  • High Value: 773,965
  • Low Value: 550,252

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,800
  • Assessed Land Value: $200,700
  • Assessed Improvements Value: $270,100

    Sales

  • Current Sale Recording Date: Oct 26, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 31, 2002
  • Previous Sale Amount: $330,000
  • 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 South Salem

Stats & Trends

Median Asking:

$615,000

Sale Price/ft²

$370

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1774 ft²

Average Home Age

90.6 years

Currently For Sale

38 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70648869

Frequently Asked Questions

When was property at 15 Belleau Road built and last sold?
The property at 15 Belleau Road was built in 1953 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 15 Belleau Road is $359,962.
What are some comparable homes to 15 Belleau Road?
There are currently no comparable homes to 15 Belleau Road.
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