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Salisbury 01952
18 Lafayette Rd.
$314,500
● House - Off Market

18 Lafayette Rd.

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,448 Ft²
$547,588
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Location, Location, Location! This home is in a Commercial Zone, allowing you endless opportunities. You can live here, work here or do both with an in home business. Great location and great visibility, on busy Rte 1, convenient to all major routes and amenities! This well maintained 3 bedroom home offers hardwood throughout, charm of an old New Englander with town water & sewer, great 1/2 acre lot with fantastic frontage and a 2 car garage with an attached barn offering tons of storage. This is a must see!
Unit Size
1,448 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$242
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1900

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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 #72262427)

Price History

Date / Event Date Event Price
Apr 2, 2018 Sold
Premium
Sold
Feb 28, 2018 Sold
Premium
Sold
Dec 7, 2017 Listed by RE/MAX Insight $350,000
Listed by RE/MAX Insight

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,140
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,768
  • Total Building Area: 1,600
  • Gross Building Area: 4,088
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000569
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Georgetown School District
  • Census Tract: 267104

Zoning

  • Zoning: C

Geography

  • Account Number: 438/100
  • Parcel: SALI M: 5 P: 6
  • Municipality: SALISBURY
  • Latitude: 42.8438
  • Longitude: -70.8605

    Address

  • Full Address: 18 Lafayette Rd
  • Address - House Number: 18
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C017
  • 4-Digit Zip Code: 2047
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,200

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 515,221
  • High Value: 613,128
  • Low Value: 417,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,300
  • Assessed Land Value: $166,700
  • Assessed Improvements Value: $275,600

    Sales

  • Current Sale Recording Date: Feb 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180228003700
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:

$615,000

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1650 ft²

Average Home Age

32.4 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 246 South Main, Seabrook, 03874

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,120 ft²
246 South Main, Seabrook, 03874 Listing by Robert Gilman

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72262427

Frequently Asked Questions

When was property at 18 Lafayette Road built and last sold?
The property at 18 Lafayette Road was built in 1900 and last sold on Jan 1, 1970 for $314,500.
How much is this home worth?
The estimated value of the home located at 18 Lafayette Road is $366,526.
What are some comparable homes to 18 Lafayette Road?
There are currently no comparable homes to 18 Lafayette Road.
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