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Salisbury 01952
28 Bridge Road
Photo of 28 Bridge Road

1

Map

$164,900
● Commercial - Off Market

28 Bridge Road

Salisbury, MA 01952
bedrooms
Studio
bathrooms
1 Bath
square feet
1,266 Ft²
$991
Est. Monthly

About This Property

Looking for back-up offers.  Set nicely on a knoll, this comfortable home offers the opportunity to live in it and have your own business at the same time. Although it is in need of some updates and repair, this is a solid, well built home that has been lovingly cared for by the same owner for over 50 years. New roof as of September, 2010, new chimney and hot water heater as of Oct. 16, 2010.  Plenty of room for more parking if you take out some of the lawn.  See MLS# 71067881 for further detail
Unit Size
1,266 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$130
Property Type
Commercial
Property Taxes
$181
HOA Dues
-
Year Built
1878

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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: 2 months ago (MLSPIN #71068424)

Price History

Date / Event Date Event Price
Aug 19, 2011 Sold
Premium
Sold
Apr 21, 2010 Listed by Coldwell Banker Residential Brokerage - Newburyport $164,900
Listed by Coldwell Banker Residential Brokerage - Newburyport

Property Highlights

Building Info

Overview

    General

  • Year Built: 1878
  • Effective Year Built: 1878
  • 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: 877
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,611
  • Total Building Area: 1,211
  • Gross Building Area: 2,553
  • Building Area: 1,211
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,211
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000565
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Rockport School District
  • Census Tract: 267102

Zoning

  • Zoning: C

Geography

  • Account Number: 310/63
  • Parcel: SALI M: 2 P: 9
  • Municipality: SALISBURY
  • Latitude: 42.838
  • Longitude: -70.8616

    Address

  • Full Address: 28 Bridge Rd
  • Address - House Number: 28
  • Address - Street Name: Bridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C017
  • 4-Digit Zip Code: 2405
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $338,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $324,200
  • Assessed Land Value: $166,700
  • Assessed Improvements Value: $157,500

    Sales

  • Current Sale Recording Date: Aug 19, 2011
  • Current Sale Price:
    Premium
  • Current 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 Salisbury

Stats & Trends

Median Asking:

$615,000

Sale Price/ft²

$465

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1669 ft²

Average Home Age

28.3 years

Currently For Sale

43 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 246 South Main, Seabrook, 03874

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,120 ft²
246 South Main, Seabrook, 03874 Listing by Robert Gilman

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71068424

Frequently Asked Questions

When was property at 28 Bridge Road built and last sold?
The property at 28 Bridge Road was built in 1878 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 28 Bridge Road is $166,549.
What are some comparable homes to 28 Bridge Road?
There are currently no comparable homes to 28 Bridge Road.
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