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Essex 01952
3 Lena Maes Way
$130,000
● House - Off Market

3 Lena Maes Way

Salisbury, MA 01952
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,524 Ft²
$249,662
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Tremendous opportunity with tons of potential found here in this 2 bedroom ranch with over 1500 square feet of living area with eat in kitchen includes stove and refrigerator and washer/dryer hook ups on main level, spacious living room with hardwood floors, fireplace, exposed beams plus picture window overlooking back yard.  Additional first floor family room with loft could be converted to a 3rd bedroom.   Updated electric panel, huge deck and 1 stall detached garage all on 1/2 acre of land with easy highway access and not far from the beaches.
Unit Size
1,524 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$98
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
2017

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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 years ago (MLSPIN #72084768)

Price History

Date / Event Date Event Price
Jan 3, 2018 Sold
Premium
Sold
Jun 5, 2017 Listed by eXp Realty $359,900
Listed by eXp Realty
Feb 22, 2017 Sold
Premium
Sold
Oct 22, 2016 Listed by eXp Realty $149,900
Listed by eXp Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1,200
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,200
  • Gross Building Area: 2,634
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: SALI M:19 P: 174
  • Municipality: SALISBURY
  • Latitude: 42.8705
  • Longitude: -70.8833

    Address

  • Full Address: 3 Lena Maes Way
  • Address - House Number: 3
  • Address - Street Name: Lena Maes
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 1222
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $473,700

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 553,164
  • High Value: 648,557
  • Low Value: 457,772

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $453,300
  • Assessed Land Value: $165,500
  • Assessed Improvements Value: $287,800

    Sales

  • Current Sale Recording Date: Jan 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180103005280
  • Previous Sale Recording Date: Feb 22, 2017
  • Previous Sale Amount: $130,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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 238 Lafayette, Salisbury, 01952

$2,100 /mo

  • Studio
  • 1 Bath
  • 461 ft²
238 Lafayette #105, Salisbury, 01952 Listing by Patrick Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72084768

Frequently Asked Questions

When was property at 3 Lena Mae Way built and last sold?
The property at 3 Lena Mae Way was built in 2017 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 3 Lena Mae Way is $0.
What are some comparable homes to 3 Lena Mae Way?
There are currently no comparable homes to 3 Lena Mae Way.
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