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Essex 01952
3 Bayberry Ln
$491,000
● House - Off Market

3 Bayberry Ln

Salisbury, MA 01952
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,042 Ft²
$500,491
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

New to Salisbury! Don't miss this 4 bedroom,1 bath, 2,000+ sq ft split-level home on almost a half acre! The main level offers three bedrooms, a fully appointed bath, a large living/dining room, and an eat-in kitchen boasting stainless steel appliances. Other features include hardwood flooring, recessed lighting, and a beautiful sunroom/family room that walks out to the large backyard. The finished lower level features a large bedroom, a flexible space for a workshop or office, and a laundry area. Updates to the property include a boiler (2014), water heater (2016), and newer windows and siding within the last 10 years. Located on a dead-end street, minutes from the NH border & the Seacoast for all your tax-free shopping needs. Come and see for yourself just how much this home has to offer.
Unit Size
2,042 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$235
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #73065049)

Price History

Date / Event Date Event Price
Feb 7, 2023 Sold
Premium
Sold
Dec 27, 2022 In contract -
In contract
Dec 14, 2022 Listed by Coldwell Banker Realty - Haverhill $479,000
Listed by Coldwell Banker Realty - Haverhill
Oct 1, 2002 Sold
Premium
Sold
Feb 28, 2002 Listed by Coldwell Banker Realty - Haverhill $269,000
Listed by Coldwell Banker Realty - Haverhill

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,088
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,652
  • Total Building Area: 2,042
  • Gross Building Area: 2,234
  • Building Area: 2,042
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,042
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000474
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267102

Zoning

  • Zoning: R2

Geography

  • Account Number: 113/39
  • Parcel: SALI M:18 P: 59
  • Municipality: SALISBURY
  • Latitude: 42.8612
  • Longitude: -70.8749

    Address

  • Full Address: 3 Bayberry Ln
  • Address - House Number: 3
  • Address - Street Name: Bayberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 1422
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $454,900

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 522,565
  • High Value: 612,680
  • Low Value: 432,449

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $435,300
  • Assessed Land Value: $165,100
  • Assessed Improvements Value: $270,200

    Sales

  • Current Sale Contract Date: Feb 07, 2023
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230207000920
  • Previous Sale Recording Date: Oct 01, 2002
  • Previous Sale Amount: $264,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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 21 Folly Mill, Seabrook, 03874

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 756 ft²
21 Folly Mill #5E, Seabrook, 03874 Listing by Jarad Gagnon

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73065049

Frequently Asked Questions

When was property at 3 Bayberry Lane built and last sold?
The property at 3 Bayberry Lane was built in 1971 and last sold on Feb 7, 2023 for $491,000.
How much is this home worth?
The estimated value of the home located at 3 Bayberry Lane is $490,681.
What are some comparable homes to 3 Bayberry Lane?
There are currently no comparable homes to 3 Bayberry Lane.
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