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Salisbury 01952
15 March Rd
$699,900
● House - Off Market

15 March Rd

Salisbury, MA 01952
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,605 Ft²
$1,056,652
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Rings Island New Construction built in 2015, farmers porch invites you in! 1st floor Master Suite with walk in closet, full bath with custom shower and laundry. Open concept living, kitchen and dining with deck, great for entertaining!  Upstairs offers two very large bedrooms, a full bath and bonus TV / Office or 4th bedroom.  Lower level walk out offers additional space to expand into.  2 Car garage, great yard and wow factor views round out this total package  All close to downtown Newburyport, Beaches and Waterfront with Amazing Shopping, Dining and Entertainment.  Rings Island offers a private marina so bring your boat!
Unit Size
2,605 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$269
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
2015

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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 months ago (MLSPIN #72416271)

Price History

Date / Event Date Event Price
Feb 15, 2019 Sold
Premium
Sold
Oct 26, 2018 Listed by Bentley's $699,900
Listed by Bentley's
Feb 26, 2016 Sold
Premium
Sold
Apr 23, 2015 Listed by Bentley's $549,900
Listed by Bentley's

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 9
  • Basement Area: 1,414
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,945
  • Total Building Area: 2,343
  • Gross Building Area: 4,580
  • Building Area: 2,343
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,343
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001078
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: C

Geography

  • Account Number: 442/26
  • Parcel: SALI M:14 P: 120
  • Municipality: SALISBURY
  • Latitude: 42.8181
  • Longitude: -70.8662

    Address

  • Full Address: 15 March Rd
  • Address - House Number: 15
  • Address - Street Name: March
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C017
  • 4-Digit Zip Code: 2510
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $884,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 994,404
  • High Value: 1,151,631
  • Low Value: 837,176

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $846,800
  • Assessed Land Value: $197,200
  • Assessed Improvements Value: $649,600

    Sales

  • Current Sale Contract Date: Feb 13, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190215002750
  • Previous Sale Recording Date: Feb 26, 2016
  • Previous Sale Amount: $549,000
  • Previous Sale Document Type: O
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 Salisbury

Stats & Trends

Median Asking:

$617,450

Sale Price/ft²

$466

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1700 ft²

Average Home Age

28.7 years

Currently For Sale

42 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 16 Chestnut, Newburyport, 01950

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950 Listing by Tami Mallett

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72416271

Frequently Asked Questions

When was property at 15 March Road built and last sold?
The property at 15 March Road was built in 2015 and last sold on Feb 13, 2019 for $699,900.
How much is this home worth?
The estimated value of the home located at 15 March Road is $718,712.
What are some comparable homes to 15 March Road?
There are currently no comparable homes to 15 March Road.
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