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Salem 01970 South Salem
28 Jackson St
$315,000
● House - Off Market

28 Jackson St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,764 Ft²
$521,581
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

FRESHLY RENOVATED & MOVE IN READY! Spacious, mid-century SF offers affordability in dynamic, historical, maritime community. 1 level living, 3+ BRs, Open-Concept, fire-placed LR/DR area with vaulted ceilings and convenient, but separate galley Kitchen. Step down to former garage smartly converted to Family Room (or large 4th BR, (would make a great Master BR) with sliders to large Fenced Yard; hardwood floors throughout, freshly tiled Kitchen and Bathrooms; NEW systems, corner lot with in well-established neighborhood near major shopping routes, hospital, schools and more. Also close to downtown shopping, dining, museums, culture, night-life and more. PublicTtransportation and Commuter Rail and seasonal Ferry to Boston. Won't last!
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$176
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1960

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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 #71948757)

Price History

Date / Event Date Event Price
May 17, 2016 Sold
Premium
Sold
Mar 24, 2016 Sold
Premium
Sold
Jan 11, 2016 Listed by Coldwell Banker Residential Brokerage - Salem $310,000
Listed by Coldwell Banker Residential Brokerage - Salem
May 24, 2004 Sold
Premium
Sold
Mar 4, 2004 Listed by Carlson GMAC Real Estate $297,500
Listed by Carlson GMAC Real Estate
Lovely 3-4 bedroom Ranch, fireplaced living room, hardwood floors, enclosed yard. Close to public transportation. Flexible floor plan.
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 11
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,260
  • Gross Building Area: 2,700
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District in Nahant (7-12)
  • School Tax School District: SALEM SD
  • Census Tract: 204701

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:25 L:0413
  • Lot: 413
  • Municipality: SALEM
  • Latitude: 42.5151
  • Longitude: -70.9033

    Address

  • Full Address: 28 Jackson St
  • Address - House Number: 28
  • Address - Street Name: Jackson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C037
  • 4-Digit Zip Code: 3024
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $639,800

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 601,997
  • High Value: 709,494
  • Low Value: 494,501

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,600
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $373,600

    Sales

  • Current Sale Recording Date: May 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 322
  • Previous Sale Recording Date: Mar 24, 2016
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 34
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:

$619,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2270 ft²

Average Home Age

87.2 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 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# 71948757

Frequently Asked Questions

When was property at 28 Jackson Street built and last sold?
The property at 28 Jackson Street was built in 1960 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 28 Jackson Street is $326,534.
What are some comparable homes to 28 Jackson Street?
There are currently no comparable homes to 28 Jackson Street.
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