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Salisbury 01952
28 Meaders Ln
$369,900
● House - Off Market

28 Meaders Ln

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$585,361
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

What a location! Ask the neighbors what they think about the neighborhood, you'll find friendly people who think they live on the nicest street in Salisbury. The yard is a gardener's showcase with perennial gardens ablaze and colors that will delight you. This country home has spacious rooms, 3 or 4 bedrooms, a lemonade-sipping 3 seasons porch overlooking the gardens, two front-to-back 2nd floor bedrooms, a large kitchen with wide pine floors opens to a sunny living room. Also offering a one-car garage. Conveniently located 5 minutes to the beach, downtown Newburyport, Seabrook shopping and commuter routes. Property being sold as-is.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$264
Property Type
House
Property Taxes
$315
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 #72567050)

Price History

Date / Event Date Event Price
Nov 14, 2019 Sold
Premium
Sold
Sep 18, 2019 Listed by RE/MAX On The River, Inc. $399,900
Listed by RE/MAX On The River, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,731
  • Total Building Area: 1,512
  • Gross Building Area: 3,155
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACH HAVEN
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267104

Zoning

  • Zoning: R2

Geography

  • Account Number: 1961/275
  • Parcel: SALI M: 4 P: 25
  • Municipality: SALISBURY
  • Latitude: 42.842
  • Longitude: -70.8499

    Address

  • Full Address: 28 Meaders Ln
  • Address - House Number: 28
  • Address - Street Name: Meaders
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C027
  • 4-Digit Zip Code: 2037
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $452,800

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 498,906
  • High Value: 593,025
  • Low Value: 404,786

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $433,300
  • Assessed Land Value: $180,800
  • Assessed Improvements Value: $252,500

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191114003090
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:

$612,000

Sale Price/ft²

$452

Above Asking

0.00%

Average Days on Market

67

Average Home Size

1693 ft²

Average Home Age

33.6 years

Currently For Sale

48 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: 4 months ago
Data Source: MLS PIN, MLS# 72567050

Frequently Asked Questions

When was property at 28 Meaders Lane built and last sold?
The property at 28 Meaders Lane was built in 1972 and last sold on Nov 8, 2019 for $369,900.
How much is this home worth?
The estimated value of the home located at 28 Meaders Lane is $417,373.
What are some comparable homes to 28 Meaders Lane?
There are currently no comparable homes to 28 Meaders Lane.
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