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Salem 01970 Salem Neck
22 Boardman St
$423,000
● House - Off Market

22 Boardman St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,998 Ft²
$716,427
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Perfectly located, just steps to the water, the Common and all downtown Salem has to offer. This beautiful 3 bedroom 1 & 1/2 bath single family home features oversized windows allowing for ample sunlight, hardwood floors throughout and Central AC! A spacious updated kitchen with quartz counters, stainless steel appliances, dining area and custom light fixtures. The living room offers working pocket doors which lead into the dining room and outside you will find a delightful fenced in private "Beacon Hill" patio. Great potential for expansion with the attic, newer roof,  heating system and water heater.  First showings to start at weekend Open Houses both Saturday & Sunday 11:30 - 1:00.
Unit Size
1,998 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$205
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1880

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71900244)

Price History

Date / Event Date Event Price
Nov 3, 2015 Sold
Premium
Sold
Sep 8, 2015 Listed by RE/MAX Advantage Real Estate $409,000
Listed by RE/MAX Advantage Real Estate
Sep 23, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,586
  • Total Building Area: 1,998
  • Gross Building Area: 3,274
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000036
  • 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: 204400

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:35 L:0461
  • Lot: 461
  • Municipality: SALEM
  • Latitude: 42.5252
  • Longitude: -70.8862

    Address

  • Full Address: 22 Boardman St
  • Address - House Number: 22
  • Address - Street Name: Boardman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C008
  • 4-Digit Zip Code: 4041
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $700,200

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 748,974
  • High Value: 911,019
  • Low Value: 586,929

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,600
  • Assessed Land Value: $178,400
  • Assessed Improvements Value: $424,200

    Sales

  • Current Sale Recording Date: Nov 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 185
  • Previous Sale Recording Date: Sep 23, 1998
  • Previous Sale Amount: $187,000
  • 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 Salem Neck

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$447

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1378 ft²

Average Home Age

152.8 years

Currently For Sale

13 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: 4 months ago
Data Source: MLS PIN, MLS# 71900244

Frequently Asked Questions

When was property at 22 Boardman Street built and last sold?
The property at 22 Boardman Street was built in 1880 and last sold on Jan 1, 1970 for $423,000.
How much is this home worth?
The estimated value of the home located at 22 Boardman Street is $445,344.
What are some comparable homes to 22 Boardman Street?
There are currently no comparable homes to 22 Boardman Street.
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