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Essex 01952
15 Lena Maes Way
$269,900
● House - Off Market

15 Lena Maes Way

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,642 Ft²
$504,360
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

ENJOY COUNTRY LIVING YET CLOSE TO  MAJOR HIGHWAYS, SHOPPING AND BEACHES. PLENTY OF ROOM IN THIS 6 ROOM, 3 BEDROOM, 2 BATH, CAPE. SLIDERS FROM LIVING ROOM TO DECK WHICH OVER LOOKS PRIVATE BACK YARD.  PROPERTY IS IN GOOD CONDITION.  PLENTY OF STORAGE IN BASEMENT WITH POTENTIAL TO FINISH.  PLENTY OF PARKING
Unit Size
1,642 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$164
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1997

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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: 5 years ago (MLSPIN #71747492)

Price History

Date / Event Date Event Price
Dec 24, 2014 Sold
Premium
Sold
Sep 23, 2014 Listed by Tom Saab Real Estate $269,900
Listed by Tom Saab Real Estate
Sep 4, 1997 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 864
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,642
  • Gross Building Area: 2,730
  • Building Area: 1,642
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267102

Zoning

  • Zoning: R2

Geography

  • Account Number: 213/73
  • Parcel: SALI M:19 P: 271
  • Municipality: SALISBURY
  • Latitude: 42.8727
  • Longitude: -70.8846

    Address

  • Full Address: 15 Lena Maes Way
  • Address - House Number: 15
  • Address - Street Name: Lena Maes
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 1222
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $456,700

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 543,423
  • High Value: 643,521
  • Low Value: 443,325

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $437,000
  • Assessed Land Value: $174,200
  • Assessed Improvements Value: $262,800

    Sales

  • Current Sale Recording Date: Dec 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 1.22E+8
  • Previous Sale Recording Date: Sep 04, 1997
  • Previous Sale Amount: $155,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2548 ft²

Average Home Age

72.1 years

Currently For Sale

1451 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 238 Lafayette, Salisbury, 01952

$1,725 /mo

  • Studio
  • 1 Bath
  • 359 ft²
238 Lafayette #108, Salisbury, 01952 Listing by Patrick Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71747492

Frequently Asked Questions

When was property at 15 Lena Mae Way built and last sold?
The property at 15 Lena Mae Way was built in 1997 and last sold on Jan 1, 1970 for $269,900.
How much is this home worth?
The estimated value of the home located at 15 Lena Mae Way is $0.
What are some comparable homes to 15 Lena Mae Way?
There are currently no comparable homes to 15 Lena Mae Way.
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