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Salem 01970 Salem Neck
23 Pickman St
$432,875
● House - Off Market

23 Pickman St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,210 Ft²
$629,341
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Absolutely charming antique located in one of the most coveted areas of Salem this home is just off the common, and near the commuter rail with the beach at the end of the street. The country kitchen features wood counters, window seats and a wonderful homey feel. The comfortable living room and spacious dining room are welcoming and spacious. There are even views of the cove from the bay window in the living room. Upstairs features 3 bedrooms, sitting area, skylights and a great bathroom with clawfoot tub. The character, details, warmth and location of this home makes this the perfect Salem home.
Unit Size
1,210 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$364
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1890

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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 #72475061)

Price History

Date / Event Date Event Price
Aug 7, 2019 Sold
Premium
Sold
Apr 2, 2019 Listed by Sagan Harborside Sotheby's International Realty $439,900
Listed by Sagan Harborside Sotheby's International Realty
Feb 25, 2013 Sold
Premium
Sold
Oct 15, 2012 Listed by Sagan Harborside Sotheby's International Realty $319,000
Listed by Sagan Harborside Sotheby's International Realty
Oct 25, 2002 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: 6
  • 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: 3
  • Basement Area: 1,362
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,599
  • Total Building Area: 1,199
  • Gross Building Area: 2,085
  • Building Area: 1,199
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000037
  • 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:0581
  • Lot: 581
  • Municipality: SALEM
  • Latitude: 42.5271
  • Longitude: -70.8879

    Address

  • Full Address: 23 Pickman St
  • Address - House Number: 23
  • Address - Street Name: Pickman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C008
  • 4-Digit Zip Code: 3842
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $632,100

    Appraisal Valuation

  • Standard Deviation: 0.2774
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 60
  • Final Value: 635,427
  • High Value: 811,533
  • Low Value: 459,320

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,000
  • Assessed Land Value: $178,400
  • Assessed Improvements Value: $365,600

    Sales

  • Current Sale Contract Date: Jul 09, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190807002840
  • Previous Sale Recording Date: Feb 25, 2013
  • Previous Sale Amount: $309,000
  • 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 Salem Neck

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$447

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1483 ft²

Average Home Age

150.8 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# 72475061

Frequently Asked Questions

When was property at 23 Pickman Street built and last sold?
The property at 23 Pickman Street was built in 1890 and last sold on Jul 9, 2019 for $432,875.
How much is this home worth?
The estimated value of the home located at 23 Pickman Street is $445,598.
What are some comparable homes to 23 Pickman Street?
There are currently no comparable homes to 23 Pickman Street.
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