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Essex 01952
3 Lena Maes Way
$350,000
● House - Off Market

3 Lena Maes Way

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,176 Ft²
$567,852
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

New Construction, New Appliances, New On Demand Heating and Hot Water System, New Septic System. Single Floor Living. Here is your chance to Pick Colors, Inside and Out. New, Three Bedroom One and a Half Bath. Close to Rte. 95, 495, Rte. 1 & Rte. 110, New Hampshire Tax Free Shopping. Large Lot a Half Acre + or -. One Car Garage to be built.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$306
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
2017

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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: 5 months ago (MLSPIN #72176080)

Price History

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

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

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 238 Lafayette, Salisbury, 01952

$1,900 /mo

  • Studio
  • 1 Bath
  • 437 ft²
238 Lafayette #106, Salisbury, 01952 Listing by Patrick Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72176080

Frequently Asked Questions

When was property at 3 Lena Maes Way built and last sold?
The property at 3 Lena Maes 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 Maes Way is $365,631.
What are some comparable homes to 3 Lena Maes Way?
There are currently no comparable homes to 3 Lena Maes Way.
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