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Salem 01970 South Salem
2 Carrollton St. Ext.
$410,000
● House - Off Market

2 Carrollton St. Ext.

Salem, MA 01970
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,340 Ft²
$814,221
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Truly better than new-stunning colonial offering 9+ rms, 4 bedrooms, 2.5 baths, a beautifully finished basement w/custom office, heated 2-car garage plus large fenced yard! Everything you are looking for is here – huge granite & stainless eat-in kitchen w/built-in workstation, open plan formal living & dining rooms, 1st floor den, master suite w/full bath, family room & office in basement, a large deck & parking for at least 6 cars!! Just 2 homes at dead end that abuts Witchcraft Heights School!
Unit Size
2,340 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$179
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1986

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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: 6 months ago (MLSPIN #71493058)

Price History

Date / Event Date Event Price
May 28, 2013 Sold
Premium
Sold
Mar 11, 2013 Listed by Keller Williams Realty Evolution $419,000
Listed by Keller Williams Realty Evolution
May 26, 2006 Sold
Premium
Sold
Apr 26, 2006 Listed by Keller Williams Realty Evolution $374,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,943
  • Gross Building Area: 3,018
  • Building Area: 1,943
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,943
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE AT BRICKETT HILL
  • Land Acres: 0000000184
  • 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

  • Parcel: SALE M:10 L:0001
  • Lot: 1
  • Municipality: SALEM
  • Latitude: 42.5159
  • Longitude: -70.923

    Address

  • Full Address: 2 Carrollton St
  • Address - House Number: 2
  • Address - Street Name: Carrollton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C098
  • 4-Digit Zip Code: 1159
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,000

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 638,640
  • High Value: 738,701
  • Low Value: 538,578

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $562,000
  • Assessed Land Value: $190,300
  • Assessed Improvements Value: $371,700

    Sales

  • Current Sale Recording Date: May 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 356
  • Previous Sale Recording Date: May 26, 2006
  • Previous Sale Amount: $357,500
  • 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:

$615,000

Sale Price/ft²

$368

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1730 ft²

Average Home Age

90.6 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: 6 months ago
Data Source: MLS PIN, MLS# 71493058

Frequently Asked Questions

When was property at 2 Carrollton Street built and last sold?
The property at 2 Carrollton Street was built in 1986 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 2 Carrollton Street is $441,834.
What are some comparable homes to 2 Carrollton Street?
There are currently no comparable homes to 2 Carrollton Street.
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