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Essex 01952
LOT 2 Catherine Way
$473,250
● House - Off Market

LOT 2 Catherine Way

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,384 Ft²
$1,043,502
RealtyHop Estimate
122.50%
Since Dec 1, 2003
National-US
Primary Model

About This Property

- NANTUCKET STYLE-MASTER SUITE ON FIRST FLOOR IN ALL MODELS. UNIQUE NANTUCKET ARCHITECHTUAL STYLE, NEW CONSTRUCTION, ALL LOTS 1 ACRE +  ONLY 7 LOTS AVAILABLE 5 YR AON HOME WARRANTY.
Unit Size
2,384 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$197
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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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 years ago (MLSPIN #30578937)

Price History

Date / Event Date Event Price
Nov 21, 2003 Sold
Premium
Sold
Jun 9, 2003 Sold
Premium
Sold
Feb 11, 2002 Listed by Coldwell Banker Realty - Newburyport $469,000
Listed by Coldwell Banker Realty - Newburyport

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 1,667
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 43,577
  • Total Building Area: 3,106
  • Gross Building Area: 5,317
  • Building Area: 3,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,106
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROWWOOD ESTATES CATHERINE WA
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Account Number: 350/12
  • Parcel: SALI M:10 P: 281
  • Municipality: SALISBURY
  • Latitude: 42.8543
  • Longitude: -70.8915

    Address

  • Full Address: 2 Catherine Way
  • Address - House Number: 2
  • Address - Street Name: Catherine
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 1456
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $641,700

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 700,657
  • High Value: 813,583
  • Low Value: 587,730

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $614,100
  • Assessed Land Value: $183,000
  • Assessed Improvements Value: $431,100

    Sales

  • Current Sale Recording Date: Jun 09, 2003
  • Current Sale Price:
    Premium
  • Current 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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 238 Lafayette, Salisbury, 01952

$2,100 /mo

  • Studio
  • 1 Bath
  • 461 ft²
238 Lafayette #105, Salisbury, 01952 Listing by Patrick Carey
Unit for rent at 21 Collins, Seabrook, 03874

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,328 ft²
21 Collins, Seabrook, 03874 Listing by Gita Ghaemi

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30578937

Frequently Asked Questions

When was property at 2 Catherine Way built and last sold?
The property at 2 Catherine Way was built in 2002 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 2 Catherine Way is $0.
What are some comparable homes to 2 Catherine Way?
There are currently no comparable homes to 2 Catherine Way.
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