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Salem 01970 South Salem
28 Crescent Dr
$420,000
● House - Off Market

28 Crescent Dr

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$613,909
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Don't Miss out on this one!!!! Large family room, Home office and Beautiful Fenced in back yard with above ground pool and deck are just some of the things this house has to Offer.  All Situated towards the end of a Culdesac in Desirable Witchcraft Heights neighborhood.  There is Central Air and Hardwood Floors on the main level of this well maintained Raised Ranch along with a fireplace Living Room, Kitchen and dining room, 3 bedrooms, and a full bath. Newly renovated lower level consists of a large family room, Office, laundry room, Storage and garage access. New windows 2014, Driveway paving 2014, Roof 2011.  Laundry hookup on the lower level.  First Open House Sunday 9/16 11:30-1.  Hope to see you there.
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$313
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1972

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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: 4 months ago (MLSPIN #72395943)

Price History

Date / Event Date Event Price
Oct 29, 2018 Sold
Premium
Sold
Sep 14, 2018 Listed by Keller Williams Realty Evolution $415,000
Listed by Keller Williams Realty Evolution
Jan 1, 1979 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 11
  • Exterior Walls Type: 23
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 10,873
  • Total Building Area: 1,068
  • Gross Building Area: 2,727
  • Building Area: 1,068
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,068
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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:0506
  • Lot: 506
  • Municipality: SALEM
  • Latitude: 42.5168
  • Longitude: -70.915

    Address

  • Full Address: 28 Crescent Dr
  • Address - House Number: 28
  • Address - Street Name: Crescent
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Salem
  • Carrier Code: C038
  • 4-Digit Zip Code: 1237
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $632,900

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 615,476
  • High Value: 717,113
  • Low Value: 513,840

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,700
  • Assessed Land Value: $207,500
  • Assessed Improvements Value: $337,200

    Sales

  • Current Sale Recording Date: Oct 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 597047
  • Previous Sale Recording Date: Jan 01, 1979
  • Previous Sale Amount: $57,500
  • 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:

$620,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2207 ft²

Average Home Age

89.3 years

Currently For Sale

47 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# 72395943

Frequently Asked Questions

When was property at 28 Crescent Drive built and last sold?
The property at 28 Crescent Drive was built in 1972 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 28 Crescent Drive is $425,516.
What are some comparable homes to 28 Crescent Drive?
There are currently no comparable homes to 28 Crescent Drive.
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