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Essex 01952
2 Corporal Patten Way
$390,000
● House - Off Market

2 Corporal Patten Way

Salisbury, MA 01952
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,082 Ft²
$742,866
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

This unassuming Saltbox Cape has so much to offer. Almost 4,100 square feet of finished space built in 2002 with spaces abound. Main home has everything you would expect; living, dining, generous kitchen, awesome fireplaced den, beautiful wood trim throughout. Bed and baths upstairs. Fully finished basement could function as full suite downstairs. Spacious breezeway addition joins main home to heated, oversized 3 car garage with additional bonus inlaw or aupair suite above. Great for buyers looking for lots of living spaces. Seller says: Sell NOW !!
Unit Size
4,082 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$98
Property Type
House
Property Taxes
$433
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 months ago (MLSPIN #71692374)

Price History

Date / Event Date Event Price
Sep 23, 2019 Sold
Premium
Sold
Aug 29, 2014 Sold
Premium
Sold
Jun 3, 2014 Listed by Real Estate NOW, LLC $399,900
Listed by Real Estate NOW, LLC
May 25, 2010 Listed by Stone Ridge Properties, Inc. $469,900
Listed by Stone Ridge Properties, Inc.
Pristine custom built 4 bdrm cape by an excellent builder in one of Salisbury's finest neighborhoods! Spacious kitchen w/dining rm off, oak flooring throughout and an in law suite over the 3 car heated grge. Recently finished bsemnt w/ a Media Rm, office, & plenty of storage. Finished bsemnt w/ a gorgeous full bath w/ a whirl pool tub. Anderson windows throughout, 32x8 farmers porch for reading/relaxing, 2 miles from beaches and downtown NBPT. Pride of ownership shows, not a driveby
Sep 28, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,362
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,869
  • Total Building Area: 3,611
  • Gross Building Area: 5,662
  • Building Area: 3,611
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,611
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001168
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Account Number: 348/96
  • Parcel: SALI M:26 P: 47
  • Municipality: SALISBURY
  • Latitude: 42.8547
  • Longitude: -70.8414

    Address

  • Full Address: 2 Corporal Patten Way
  • Address - House Number: 2
  • Address - Street Name: Corporal Patten
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 1623
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $735,900

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 823,980
  • High Value: 954,615
  • Low Value: 693,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $704,200
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $518,700

    Sales

  • Current Sale Contract Date: Sep 17, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190923003190
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: O

    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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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 112 Ocean, Seabrook, 03874

$6,500 /mo

  • 3 Beds
  • 2 Baths
  • 4,595 ft²
112 Ocean, Seabrook, 03874 Listing by Hunter Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71692374

Frequently Asked Questions

When was property at 2 Corporal Patten Way built and last sold?
The property at 2 Corporal Patten Way was built in 2002 and last sold on Sep 17, 2019 for $20,000.
How much is this home worth?
The estimated value of the home located at 2 Corporal Patten Way is $403,178.
What are some comparable homes to 2 Corporal Patten Way?
There are currently no comparable homes to 2 Corporal Patten Way.
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