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Salem 01970 South Salem
29 Crowdis Street
$377,000
● House - Off Market

29 Crowdis Street

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,425 Ft²
$526,544
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

This is a GREAT opportunity in a FABULOUS location! A one owner 3 bedroom ranch style home on nearly 3/4 of an acre of land...room to expand or build new!! The current property needs updating but could be a cute house with a large living room and open concept kitchen and dining rooms. Spacious master with double closet and two good sized additional bedrooms. The walkout basement is partially finished and there's also a 1 car garage under. The lot is incredible with mature gardens - all on a quiet dead-end street near Witchcraft Heights! This is your chance to renovate to make it your dream home!!
Unit Size
1,425 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$259
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1960

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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 #72486234)

Price History

Date / Event Date Event Price
Jun 21, 2019 Sold
Premium
Sold
Apr 23, 2019 Listed by Keller Williams Realty Evolution $369,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage

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: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,801
  • Total Building Area: 1,488
  • Gross Building Area: 2,364
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000707
  • 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:14 L:0057
  • Lot: 57
  • Municipality: SALEM
  • Latitude: 42.5112
  • Longitude: -70.916

    Address

  • Full Address: 29 Crowdis St
  • Address - House Number: 29
  • Address - Street Name: Crowdis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C042
  • 4-Digit Zip Code: 1944
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $599,800

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 580,367
  • High Value: 687,379
  • Low Value: 473,354

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $516,200
  • Assessed Land Value: $242,100
  • Assessed Improvements Value: $274,100

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 602955
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

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2218 ft²

Average Home Age

86.1 years

Currently For Sale

44 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# 72486234

Frequently Asked Questions

When was property at 29 Crowdis Street built and last sold?
The property at 29 Crowdis Street was built in 1960 and last sold on Jun 19, 2019 for $377,000.
How much is this home worth?
The estimated value of the home located at 29 Crowdis Street is $382,810.
What are some comparable homes to 29 Crowdis Street?
There are currently no comparable homes to 29 Crowdis Street.
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