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Salem 01970 South Salem
30 Broad St
Photo of 30 Broad St
Sold on Sep 29, 2011

1

Map

$581,000
● House - Off Market

30 Broad St

Salem, MA 01970
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,575 Ft²
$1,213,928
RealtyHop Estimate
109.66%
Since Oct 1, 2011
MA-Boston
Primary Model

About This Property

Located within the McIntire District this stately antique colonial home features updated kitchen, 2.5 updated baths, master suite includes new bath, dressing room with laundry; front to back living room, formal dining room, gathering room adjacent to the kitchen.  Meticulously improved during current ownership.  Three car detached garage plus potting shed and fully fenced rear yard.  Enjoy the many tasteful updates throughout this home and also the lovely gardens and fenced, private, rear yard.
Unit Size
2,575 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$225
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1800

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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: 29 days ago (MLSPIN #71269294)

Price History

Date / Event Date Event Price
Sep 29, 2011 Sold
Premium
Sold
Aug 1, 2011 Listed by RE/MAX Advantage Real Estate $579,000
Listed by RE/MAX Advantage Real Estate
Mar 15, 2006 Sold
Premium
Sold
Sep 23, 2005 Listed by RE/MAX Advantage Real Estate $529,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,157
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,889
  • Total Building Area: 2,811
  • Gross Building Area: 4,360
  • Building Area: 2,811
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,811
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • 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: 204200

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:25 L:0258
  • Lot: 258
  • Municipality: SALEM
  • Latitude: 42.5179
  • Longitude: -70.9015

    Address

  • Full Address: 30 Broad St
  • Address - House Number: 30
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C007
  • 4-Digit Zip Code: 3143
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,331,100

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,126,572
  • High Value: 1,316,991
  • Low Value: 936,154

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,145,500
  • Assessed Land Value: $250,900
  • Assessed Improvements Value: $894,600

    Sales

  • Current Sale Recording Date: Sep 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 15, 2006
  • Previous Sale Amount: $470,000
  • 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 South Salem

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2218 ft²

Average Home Age

86.1 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 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: 29 days ago
Data Source: MLS PIN, MLS# 71269294

Frequently Asked Questions

When was property at 30 Broad Street built and last sold?
The property at 30 Broad Street was built in 1800 and last sold on Jan 1, 1970 for $581,250.
How much is this home worth?
The estimated value of the home located at 30 Broad Street is $597,853.
What are some comparable homes to 30 Broad Street?
There are currently no comparable homes to 30 Broad Street.
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