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Salem 01970 South Salem
31 Intervale Road
$365,000
● House - Off Market

31 Intervale Road

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$816,918
RealtyHop Estimate
115.55%
Since Dec 1, 2011
MA-Boston
Primary Model

About This Property

New  Construction!!!! Energy Certified home, first in Salem. 2 car gar. Over looking Salem conservation.Quiet dead end street, private water ,gas fueled Rinnai hot water sys.FHA, A/C., Harvey windows,doors and siding, recessed lights, 2 full baths, Oak hardwood floors throughout, walk up attic ready for expansion. 3 Large bedroom, walk in Master closet. Kitchen maple cabinets, granite counters, deck off kitchen on to a private yard.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$190
Property Type
House
Property Taxes
$141
HOA Dues
-
Year Built
2011

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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: 4 months ago (MLSPIN #71257853)

Price History

Date / Event Date Event Price
Nov 18, 2011 Sold
Premium
Sold
Jul 6, 2011 Listed by Century 21 North Shore $379,000
Listed by Century 21 North Shore
Mar 7, 2011 Sold
Premium
Sold
Sep 27, 2010 Listed by Century 21 North Shore $75,000
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,263
  • Total Building Area: 2,016
  • Gross Building Area: 4,200
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDARCREST
  • Land Acres: 0000000190
  • 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: 204102

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:21 L:0070
  • Lot: 70
  • Municipality: SALEM
  • Latitude: 42.4905
  • Longitude: -70.901

    Address

  • Full Address: 31 Intervale Rd
  • Address - House Number: 31
  • Address - Street Name: Intervale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C026
  • 4-Digit Zip Code: 4345
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $723,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 759,906
  • High Value: 879,937
  • Low Value: 639,876

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,300
  • Assessed Land Value: $181,900
  • Assessed Improvements Value: $440,400

    Sales

  • Current Sale Recording Date: Nov 18, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 07, 2011
  • Previous Sale Amount: $60,000
  • 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:

$619,500

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2194 ft²

Average Home Age

88.2 years

Currently For Sale

46 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71257853

Frequently Asked Questions

When was property at 31 Intervale Road built and last sold?
The property at 31 Intervale Road was built in 2011 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 31 Intervale Road is $402,806.
What are some comparable homes to 31 Intervale Road?
There are currently no comparable homes to 31 Intervale Road.
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