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Essex 01952
30 Locust Street
$410,000
● House - Off Market

30 Locust Street

Salisbury, MA 01952
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,490 Ft²
$654,632
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Must see in Salisbury! Amazing craftsmanship by a local builder! This 4 bedroom, 3.5 bath home on 1 acre features 2 master bedrooms (1st & 2nd floor) both with bathrooms, walk in closets & coffered ceilings. Beautiful kitchen with granite counter tops, custom cabinets, stainless steel appliances, trash compactor & an eat-in breakfast bar. Open concept living room, kitchen and dining room with crown moulding, over sized rooms & 10 ft ceilings. Dining room features a slider to deck wired for surround sound. Central air, new Rinnai Tankless on-demand water heater & security system with cameras, door sensors and touch-pad entry. An in home office space on the 1st floor and utility area with plenty of space.
Unit Size
2,490 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$167
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
2006

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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 #72252362)

Price History

Date / Event Date Event Price
Jan 31, 2018 Sold
Premium
Sold
Nov 6, 2017 Listed by The North Shore Realty Group $414,900
Listed by The North Shore Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,490
  • Gross Building Area: 3,480
  • Building Area: 2,490
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,490
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Account Number: 454/44 & 3
  • Parcel: SALI M:12 P: 41
  • Municipality: SALISBURY
  • Latitude: 42.8739
  • Longitude: -70.8882

    Address

  • Full Address: 30 Locust St
  • Address - House Number: 30
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 1107
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,200

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 654,306
  • High Value: 762,204
  • Low Value: 546,409

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,900
  • Assessed Land Value: $167,700
  • Assessed Improvements Value: $394,200

    Sales

  • Current Sale Recording Date: Jan 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180131004060
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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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, 01950

$1,975 /mo

  • Studio
  • 1 Bath
  • 378 ft²
238 Lafayette #107, Salisbury, 01950 Listing by Patrick Carey
Unit for rent at 21 Collins, Seabrook, 03874

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,328 ft²
21 Collins, Seabrook, 03874 Listing by Gita Ghaemi

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72252362

Frequently Asked Questions

When was property at 30 Locust Street built and last sold?
The property at 30 Locust Street was built in 2006 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 30 Locust Street is $445,476.
What are some comparable homes to 30 Locust Street?
There are currently no comparable homes to 30 Locust Street.
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