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Salem 01970 South Salem
30 Belleau Rd
$1,000,000
● House - Off Market

30 Belleau Rd

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,868 Ft²
$954,401
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Waterfront... Rare opportunity to live on the water!  Watch the ebb and flow of the tides and views of Jeggle Island from this Custom built, 8 +Room, 3-bedroom Colonial featuring many ornate details throughout, bullseye glass, beamed ceilings, arched doorways, hardwood floors, 2 fireplaces,  Lower level, knotty Pine finished playroom, 2 car garage, plus a walk up attic for future expansion. Located in South Salem, a short distance to Forrest River park/ Pioneer Village.. Don't miss your opportunity to fulfill your dream!   Imagine sipping your morning coffee, tea or favorite beverage as the tide comes in you prepare to launch your canoe, kayak, or simply a float and enjoy the beaming sunshine.
Unit Size
1,868 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$509
Property Type
House
Property Taxes
$889
HOA Dues
-
Year Built
1956

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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 #73091642)

Price History

Date / Event Date Event Price
May 15, 2023 Sold
Premium
Sold
Mar 30, 2023 In contract -
In contract
Mar 27, 2023 Listed by Keller Williams Realty Evolution $949,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 8
  • 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: 782
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,385
  • Total Building Area: 2,046
  • Gross Building Area: 4,150
  • Building Area: 2,046
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,046
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • 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: 204101

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:32 L:0310
  • Lot: 310
  • Municipality: SALEM
  • Latitude: 42.5047
  • Longitude: -70.8864

    Address

  • Full Address: 30 Belleau Rd
  • Address - House Number: 30
  • Address - Street Name: Belleau
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C041
  • 4-Digit Zip Code: 5444
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,160,300

    Appraisal Valuation

  • Standard Deviation: 0.163
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 978,996
  • High Value: 1,152,141
  • Low Value: 805,851

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $998,500
  • Assessed Land Value: $531,000
  • Assessed Improvements Value: $467,500

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230515001530

    Financing

  • First Mortgage Financing Type: ADJ
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 South Salem

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2188 ft²

Average Home Age

89.2 years

Currently For Sale

45 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: 4 months ago
Data Source: MLS PIN, MLS# 73091642

Frequently Asked Questions

When was property at 30 Belleau Road built and last sold?
The property at 30 Belleau Road was built in 1956 and last sold on May 15, 2023 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 30 Belleau Road is $952,879.
What are some comparable homes to 30 Belleau Road?
There are currently no comparable homes to 30 Belleau Road.
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