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Salem 01970 South Salem
21 Valley Street
$350,600
● House - Off Market

21 Valley Street

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$648,264
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Charming, recently renovated Colonial with large rooms and gracious, comfortable floor plan that offers flow and function. Large living room with picture window opens to large dining room leading to small enclosed porch and large deck. New, eat-in, granite/stainless and cherry kitchen features new appliances & gleaming hardwood floors off dining room.  Welcoming foyer and wide, oak staircase lead to three, generous bedrooms; master bedroom with parquet floors and office or dressing room.  The 1.5 baths are new. Other features: new heat and hot water systems, new siding and roof, refinished driveway, new trex exterior front entry, large rear deck, garage and yard.    Quiet and bright home, ready to move in and beautifully renovated with quality workmanship. Don't miss this special place to call home!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$197
Property Type
House
Property Taxes
$382
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: 5 months ago (MLSPIN #71712665)

Price History

Date / Event Date Event Price
Oct 17, 2014 Sold
Premium
Sold
Jul 11, 2014 Listed by RE/MAX Advantage Real Estate $354,900
Listed by RE/MAX Advantage Real Estate
Nov 27, 2013 Sold
Premium
Sold
Sep 2, 2013 Listed by RE/MAX Advantage Real Estate $209,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 828
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,682
  • Total Building Area: 1,800
  • Gross Building Area: 2,957
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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:14 L:0232
  • Lot: 232
  • Municipality: SALEM
  • Latitude: 42.5103
  • Longitude: -70.9134

    Address

  • Full Address: 21 Valley St
  • Address - House Number: 21
  • Address - Street Name: Valley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C098
  • 4-Digit Zip Code: 1925
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $701,600

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 670,555
  • High Value: 790,294
  • Low Value: 550,816

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $603,800
  • Assessed Land Value: $209,400
  • Assessed Improvements Value: $394,400

    Sales

  • Current Sale Recording Date: Oct 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101700082
  • Previous Sale Recording Date: Nov 27, 2013
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: O
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:

$619,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2104 ft²

Average Home Age

84 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: 5 months ago
Data Source: MLS PIN, MLS# 71712665

Frequently Asked Questions

When was property at 21 Valley Street built and last sold?
The property at 21 Valley Street was built in 1920 and last sold on Jan 1, 1970 for $350,600.
How much is this home worth?
The estimated value of the home located at 21 Valley Street is $369,964.
What are some comparable homes to 21 Valley Street?
There are currently no comparable homes to 21 Valley Street.
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