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Salem 01970 North Salem
3 Roosevelt Road
Photo of 3 Roosevelt Road

33

Map

Photo of 3 Roosevelt Road
Photo of 3 Roosevelt Road
$799,900
● House - In Contract

3 Roosevelt Road

Salem, MA 01970
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,704 Ft²
$4,588
Est. Monthly

About This Property

Discover a timeless residence at 3 ROOSEVELT AVENUE, a distinguished single-family home. This property, spanning 1704 square feet of refined living space, offers a unique opportunity to embrace a lifestyle of comfort and convenience within a vibrant community. The expansive 6852 square foot lot provides a generous outdoor sanctuary, perfect for quiet contemplation or lively gatherings. With two dedicated garage spaces, parking is effortlessly accommodated, ensuring ease of access and secure storage for vehicles and more. This is an invitation to envision your future in a home that blends classic charm with modern possibility.
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$469
Property Type
House
Property Taxes
$660
HOA Dues
-
Year Built
1930

Listed By

Herrick Lutts Realty Partners
Herrick Lutts Realty Partners

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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: 2 months ago (MLSPIN #73566195)

Price History

Date / Event Date Event Price
Aug 29, 2026 In contract -
In contract
Aug 20, 2026 Listed by Herrick Lutts Realty Partners $799,900
Listed by Herrick Lutts Realty Partners
Aug 26, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Paved, Off Street
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Full Bathrooms: 2
Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Tile, Hardwood
Door Features: French Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Interior Entry, Concrete
Exterior Details
Square Footage: 1704
Year Built Source: Public Records
Year Built: 1930
Building Area Total: 1704
Building Area Units: Square Feet
Window Features: Screens
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Features: Level
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Lot Size Square Feet: 6852
Water Source: Public
Financial Details
Tax Assessed Value: $735,100
Tax Annual Amount: $7,924
Utilities Details
Cooling Type: None, Whole House Fan
Heating Type: Steam, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 926
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,852
  • Total Building Area: 1,704
  • Gross Building Area: 2,891
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • 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: 204600

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:27 L:0568
  • Lot: 568
  • Municipality: SALEM
  • Latitude: 42.5331
  • Longitude: -70.9001

    Address

  • Full Address: 3 Roosevelt Rd
  • Address - House Number: 3
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C027
  • 4-Digit Zip Code: 2424
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $735,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 691,215
  • High Value: 800,395
  • Low Value: 582,034

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $632,700
  • Assessed Land Value: $210,300
  • Assessed Improvements Value: $422,400

    Sales

  • Current Sale Recording Date: May 29, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180529000590
  • Previous Sale Recording Date: Aug 26, 1991
  • Previous Sale Amount: $89,000
  • 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 North Salem

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1635 ft²

Average Home Age

98.2 years

Currently For Sale

20 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: 2 months ago
Data Source: MLS PIN, MLS# 73566195

Frequently Asked Questions

When was property at 3 Roosevelt Road built and last sold?
The property at 3 Roosevelt Road was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Roosevelt Road is $800,211.
What are some comparable homes to 3 Roosevelt Road?
There are currently no comparable homes to 3 Roosevelt Road.
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