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Salem 01970 South Salem
25 Puritan Rd
Photo of 25 Puritan Rd
Sold on Sep 30, 2009

1

Map

$330,000
● House - Off Market

25 Puritan Rd

Salem, MA 01970
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,535 Ft²
$703,374
RealtyHop Estimate
106.94%
Since Oct 1, 2009
MA-Boston
Primary Model

About This Property

Please See Showing Instruction**Located in a wonderful neighborhood, good sized 3-4 Bedroom 2 full bath. Lovely updated kitchen with cathedral ceiling and skylights, renovated bath, nice open living/dining room combination, hardwood floors and great back yard with a deck. So much to offer! Don't miss out on this great opportunity!!
Unit Size
1,535 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$221
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1967

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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 #70951612)

Price History

Date / Event Date Event Price
Oct 1, 2009 Sold
Premium
Sold
Jul 23, 2009 Listed $339,900
Listed
Dec 10, 2001 Sold
Premium
Sold
Sep 10, 2001 Listed $319,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,033
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 7,802
  • Total Building Area: 1,855
  • Gross Building Area: 2,373
  • Building Area: 1,855
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,855
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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:15 L:0031
  • Lot: 31
  • Municipality: SALEM
  • Latitude: 42.5161
  • Longitude: -70.9188

    Address

  • Full Address: 25 Puritan Rd
  • Address - House Number: 25
  • Address - Street Name: Puritan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C038
  • 4-Digit Zip Code: 1247
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 640,707
  • High Value: 741,909
  • Low Value: 539,504

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $563,900
  • Assessed Land Value: $215,100
  • Assessed Improvements Value: $348,800

    Sales

  • Current Sale Recording Date: Oct 01, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 10, 2001
  • Previous Sale Amount: $312,000
  • 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 South Salem

Stats & Trends

Median Asking:

$618,750

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2103 ft²

Average Home Age

86.6 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# 70951612

Frequently Asked Questions

When was property at 25 Puritan Road built and last sold?
The property at 25 Puritan Road was built in 1967 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 25 Puritan Road is $352,908.
What are some comparable homes to 25 Puritan Road?
There are currently no comparable homes to 25 Puritan Road.
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