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Essex 01952
20 Old Elm
$182,500
● House - Off Market

20 Old Elm

Salisbury, MA 01952
bedrooms
2 Beds
bathrooms
1 Bath
square feet
982 Ft²
$355,090
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Great opportunity to own this wonderful two bedroom bungalow on a large, private lot filled with beautiful mature rhododendrons.  Interior has lots of warm wood throughout.  Wood beams and cathedral ceilings provide an open feeling.  Sun/ sitting room steps out  onto a front patio for enjoying the outdoors.  Or, relax on the private rear deck . There is also a one car garage with storage space and lots of parking for guests.
Unit Size
982 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$186
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1920

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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 #71560875)

Price History

Date / Event Date Event Price
Aug 29, 2013 Sold
Premium
Sold
Jul 25, 2013 Listed by RE/MAX On The River, Inc. $182,500
Listed by RE/MAX On The River, Inc.
Jun 26, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 862
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,999
  • Total Building Area: 982
  • Gross Building Area: 2,012
  • Building Area: 982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 982
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000735
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: SALI M:10 P: 156
  • Municipality: SALISBURY
  • Latitude: 42.8453
  • Longitude: -70.8957

    Address

  • Full Address: 20 Old Elm St
  • Address - House Number: 20
  • Address - Street Name: Old Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 1818
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $356,700

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 407,686
  • High Value: 481,757
  • Low Value: 333,615

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $341,300
  • Assessed Land Value: $169,600
  • Assessed Improvements Value: $171,700

    Sales

  • Current Sale Recording Date: Aug 29, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Previous Sale Recording Date: Jun 26, 1992
  • Previous Sale Amount: $62,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2495 ft²

Average Home Age

73.5 years

Currently For Sale

1433 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: 6 months ago
Data Source: MLS PIN, MLS# 71560875

Frequently Asked Questions

When was property at 20 Old Elm Street built and last sold?
The property at 20 Old Elm Street was built in 1920 and last sold on Jan 1, 1970 for $182,500.
How much is this home worth?
The estimated value of the home located at 20 Old Elm Street is $195,259.
What are some comparable homes to 20 Old Elm Street?
There are currently no comparable homes to 20 Old Elm Street.
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