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Essex 01952
19 Old Elm St
$350,000
● House - Off Market

19 Old Elm St

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,404 Ft²
$425,625
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

This charming colonial has been lovingly cared for by only one family since being built in 1920. It sits on a nice level lot and is zoned residential and commercial. Convenient to shopping, highways and minutes to the beach! This inviting home has a very spacious eat-in kitchen, with stainless appliances and wood stove. Cozy TV room with built-in hutch, this room could also be utilized as a formal dining area or home office space. Large living room with built-in shelves and brick hearth. Screened porch overlooking the yard. First floor laundry and three nice size bedrooms complete this home. Showings start at Saturday & Sundays 12-2 open house.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$249
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #72793895)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Mar 5, 2021 Listed by Stone Ridge Properties, Inc. $350,000
Listed by Stone Ridge Properties, Inc.

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1928
  • 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: 5
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,999
  • Total Building Area: 1,404
  • Gross Building Area: 3,145
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000781
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: C

Geography

  • Parcel: SALI M:10 P: 151
  • Municipality: SALISBURY
  • Latitude: 42.845
  • Longitude: -70.8962

    Address

  • Full Address: 19 Old Elm St
  • Address - House Number: 19
  • Address - Street Name: Old Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 1819
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $375,400

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 437,352
  • High Value: 516,168
  • Low Value: 358,536

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $359,200
  • Assessed Land Value: $170,400
  • Assessed Improvements Value: $188,800

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210429002160

    Financing

  • First Mortgage Financing Type: ADJ
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

2519 ft²

Average Home Age

73.7 years

Currently For Sale

1437 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72793895

Frequently Asked Questions

When was property at 19 Old Elm Street built and last sold?
The property at 19 Old Elm Street was built in 1920 and last sold on Apr 29, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 19 Old Elm Street is $0.
What are some comparable homes to 19 Old Elm Street?
There are currently no comparable homes to 19 Old Elm Street.
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