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Salem 01970 North Salem
23 Northend Ave
$451,000
● House - Off Market

23 Northend Ave

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,196 Ft²
$538,056
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Need a comfortable home with lots of natural light and a fenced in yard for everyone to enjoy this summer? Come take a look at this dutch colonial 3 bedroom single family home with many upgrades. New insulation, new ceiling fans, newer confection stove,  freshly painted front and back porch and interior just to mention a few. Kitchen has granite counter tops along with many other updates. Make your appointment today! Seller reserves the right to accept offers at anytime.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$334
Property Type
House
Property Taxes
$392
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 #72670217)

Price History

Date / Event Date Event Price
Jul 27, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by Toner Real Estate, LLC $399,000
Listed by Toner Real Estate, LLC
Mar 30, 2017 Sold
Premium
Sold
Feb 2, 2017 Listed by Toner Real Estate, LLC $319,900
Listed by Toner Real Estate, LLC
Sep 10, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 598
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,365
  • Total Building Area: 1,196
  • Gross Building Area: 1,987
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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:0295
  • Lot: 295
  • Municipality: SALEM
  • Latitude: 42.529
  • Longitude: -70.9081

    Address

  • Full Address: 23 Northend Ave
  • Address - House Number: 23
  • Address - Street Name: Northend
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C016
  • 4-Digit Zip Code: 1521
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $521,300

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 565,527
  • High Value: 669,804
  • Low Value: 461,251

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $448,600
  • Assessed Land Value: $191,900
  • Assessed Improvements Value: $256,700

    Sales

  • Current Sale Contract Date: Jul 21, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200727002700
  • Previous Sale Recording Date: Mar 30, 2017
  • Previous Sale Amount: $330,000
  • 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 North Salem

Stats & Trends

Median Asking:

$654,500

Sale Price/ft²

$414

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1392 ft²

Average Home Age

99.9 years

Currently For Sale

16 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# 72670217

Frequently Asked Questions

When was property at 23 Northend Avenue built and last sold?
The property at 23 Northend Avenue was built in 1920 and last sold on Jul 21, 2020 for $451,000.
How much is this home worth?
The estimated value of the home located at 23 Northend Avenue is $406,456.
What are some comparable homes to 23 Northend Avenue?
There are currently no comparable homes to 23 Northend Avenue.
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