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Salem 01970 South Salem
19 Cherry Hill Ave
$480,000
● House - Off Market

19 Cherry Hill Ave

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,033 Ft²
$709,916
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Gorgeous three to four-bedroom Split Level in desirable Witchcraft Heights neighborhood. This beautifully-maintained home has a fantastic layout with room for all. Main level boasts a large living room, dining room, and a lovely renovated kitchen as well as three generous-sized bedrooms and a full bath. Sliding door off dining room leads to a huge beautiful backyard oasis, covered deck, patio, and privacy galore! Lower level has a large family room and a home office with closet and great built-ins. A laundry area, garage access, a bath and basement storage finish off the lower level. Conveniently close to shopping, schools, train, restaurants, museums and so much more! Welcome home to Salem!
Unit Size
2,033 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$236
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72383928)

Price History

Date / Event Date Event Price
Oct 5, 2018 Sold
Premium
Sold
Aug 24, 2018 Listed by Bean Group $479,900
Listed by Bean Group
Jul 24, 1998 Sold
Premium
Sold
May 12, 1998 Listed by Bean Group $192,900
Listed by Bean Group

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,218
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 10,184
  • Total Building Area: 2,155
  • Gross Building Area: 2,744
  • Building Area: 2,155
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,155
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOME SITES
  • Land Acres: 0000000234
  • 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: 204702

Zoning

  • Zoning: R1

Geography

  • District: 258
  • Parcel: SALE M:14 L:0228
  • Lot: 228
  • Municipality: SALEM
  • Latitude: 42.5108
  • Longitude: -70.9133

    Address

  • Full Address: 19 Cherry Hill Ave
  • Address - House Number: 19
  • Address - Street Name: Cherry Hill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C098
  • 4-Digit Zip Code: 1915
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $734,400

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 693,524
  • High Value: 813,901
  • Low Value: 573,148

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $632,000
  • Assessed Land Value: $199,900
  • Assessed Improvements Value: $432,100

    Sales

  • Current Sale Recording Date: Oct 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181005003070
  • Previous Sale Recording Date: Jul 24, 1998
  • Previous Sale Amount: $184,000
  • 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:

$619,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2104 ft²

Average Home Age

84 years

Currently For Sale

39 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: 5 months ago
Data Source: MLS PIN, MLS# 72383928

Frequently Asked Questions

When was property at 19 Cherry Hill Avenue built and last sold?
The property at 19 Cherry Hill Avenue was built in 1964 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 19 Cherry Hill Avenue is $489,024.
What are some comparable homes to 19 Cherry Hill Avenue?
There are currently no comparable homes to 19 Cherry Hill Avenue.
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