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Salem 01970 North Salem
201 North St
Photo of 201 North St
Sold on Aug 2, 2007

1

Map

$310,000
● House - Off Market

201 North St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,325 Ft²
$598,183
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

Mint 3 bedroom colonial in desirable N. Salem. Feats. include a remodeled kitchen and new 1/2 bath w/laundry on the 1st floor. Home is modern but wide pine floors and detailing add character and charm. Large fenced yard w/ 20x16' deck overlooking peach, apple and dogwood trees. Ext features include new roof and new 2 car drive. Ultra convenient... minutes from the commuter rail and public transport. Truly "move in condition". Come on "buy".
Unit Size
1,325 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$241
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1890

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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 #70563516)

Price History

Date / Event Date Event Price
Aug 2, 2007 Sold
Premium
Sold
Apr 23, 2007 Listed $319,000
Listed
Dec 2, 2002 Sold
Premium
Sold
Jul 8, 2002 Listed $259,000
Listed
Aug 26, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 754
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,101
  • Total Building Area: 1,504
  • Gross Building Area: 2,632
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 204600

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:17 L:0288
  • Lot: 288
  • Municipality: SALEM
  • Latitude: 42.5306
  • Longitude: -70.9087

    Address

  • Full Address: 201 North St
  • Address - House Number: 201
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C016
  • 4-Digit Zip Code: 1640
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 582,943
  • High Value: 721,593
  • Low Value: 444,293

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,900
  • Assessed Land Value: $153,400
  • Assessed Improvements Value: $349,500

    Sales

  • Current Sale Recording Date: Aug 02, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 02, 2002
  • Previous Sale Amount: $261,500
  • 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 North Salem

Stats & Trends

Median Asking:

$649,950

Sale Price/ft²

$417

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1597 ft²

Average Home Age

105.6 years

Currently For Sale

18 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# 70563516

Frequently Asked Questions

When was property at 201 North Street built and last sold?
The property at 201 North Street was built in 1890 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 201 North Street is $329,549.
What are some comparable homes to 201 North Street?
There are currently no comparable homes to 201 North Street.
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