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Salem 01970 South Salem
29 Appleby Rd
$465,000
● House - Off Market

29 Appleby Rd

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,640 Ft²
$593,210
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

BACK ON MARKET DUE TO BUYERS FINANCING! Don't miss out this time! Charming and bright raised ranch on a dead end street in a fantastic neighborhood!. This well maintained home has 3 good sized bedrooms and 1.5 baths with hardwood floors throughout the main level. Updated kitchen with granite countertops. Cozy bonus space on the lower level has brand new wall to wall carpeting. Beautiful composite deck overlooking fenced in back yard with lovely inground pool, and patio. New pool liner. Convenient to shopping, schools, and highway. This home will not last!  Offers due on Sunday July 5th at 4:00.
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$268
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1964

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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 #72659867)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
May 21, 2020 Listed by J. Barrett & Company $439,900
Listed by J. Barrett & Company
Sep 28, 2017 Sold
Premium
Sold
Aug 8, 2017 Listed by J. Barrett & Company $389,900
Listed by J. Barrett & Company

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 42
  • Exterior Walls Type: 18
  • 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: 1,000
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,699
  • Total Building Area: 1,640
  • Gross Building Area: 2,198
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 204701

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:04 L:0004
  • Lot: 4
  • Municipality: SALEM
  • Latitude: 42.5002
  • Longitude: -70.9337

    Address

  • Full Address: 29 Appleby Rd
  • Address - House Number: 29
  • Address - Street Name: Appleby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C030
  • 4-Digit Zip Code: 1701
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,400

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 649,191
  • High Value: 768,894
  • Low Value: 529,488

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,700
  • Assessed Land Value: $193,400
  • Assessed Improvements Value: $354,300

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 614676
  • Previous Sale Recording Date: Sep 28, 2017
  • Previous Sale Contract Date: Sep 18, 2017
  • Previous Sale Amount: $394,000
  • Previous Sale Document Type: O
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# 72659867

Frequently Asked Questions

When was property at 29 Appleby Road built and last sold?
The property at 29 Appleby Road was built in 1964 and last sold on Jul 20, 2020 for $465,000.
How much is this home worth?
The estimated value of the home located at 29 Appleby Road is $453,702.
What are some comparable homes to 29 Appleby Road?
There are currently no comparable homes to 29 Appleby Road.
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