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Salisbury 01952
3 Spring St
$372,000
● House - Off Market

3 Spring St

Salisbury, MA 01952
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,164 Ft²
$574,687
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Close to Salisbury Center, 3-4 bedroom home in move in  condition.  Features include, updated kitchen, formal dining room, huge family room.  New half bath, 3 bedrooms on the 2nd floor, 1st floor bedroom or home office, covered front porch, rear deck overlooking fenced yard.  Plenty of parking.
Unit Size
2,164 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$176
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1920

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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 #72362049)

Price History

Date / Event Date Event Price
Aug 31, 2018 Sold
Premium
Sold
Jul 13, 2018 Listed by Stone Ridge Properties, Inc. $379,900
Listed by Stone Ridge Properties, Inc.
Aug 17, 2012 Sold
Premium
Sold
Jan 5, 2012 Listed by Stone Ridge Properties, Inc. $209,000
Listed by Stone Ridge Properties, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,354
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,697
  • Total Building Area: 2,164
  • Gross Building Area: 4,428
  • Building Area: 2,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,164
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALISBURY
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: C

Geography

  • Account Number: 215/22
  • Parcel: SALI M: 6 P: 30
  • Municipality: SALISBURY
  • Latitude: 42.8428
  • Longitude: -70.8618

    Address

  • Full Address: 3 Spring St
  • Address - House Number: 3
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C017
  • 4-Digit Zip Code: 1922
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $503,500

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 590,307
  • High Value: 692,105
  • Low Value: 488,509

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,800
  • Assessed Land Value: $159,900
  • Assessed Improvements Value: $321,900

    Sales

  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180831003370
  • Previous Sale Recording Date: Aug 17, 2012
  • Previous Sale Amount: $214,000
  • 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 Salisbury

Stats & Trends

Median Asking:

$615,000

Sale Price/ft²

$465

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1641 ft²

Average Home Age

33.8 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 246 South Main, Seabrook, 03874

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,120 ft²
246 South Main, Seabrook, 03874 Listing by Robert Gilman

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72362049

Frequently Asked Questions

When was property at 3 Spring Street built and last sold?
The property at 3 Spring Street was built in 1920 and last sold on Jan 1, 1970 for $372,000.
How much is this home worth?
The estimated value of the home located at 3 Spring Street is $416,081.
What are some comparable homes to 3 Spring Street?
There are currently no comparable homes to 3 Spring Street.
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