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Essex 01952
31 Main Street
$189,900
● House - Off Market

31 Main Street

Salisbury, MA 01952
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,002 Ft²
$482,271
RealtyHop Estimate
153.96%
Since Jun 1, 2002
National-US
Primary Model

About This Property

UPDATED BUNGALOW WITH TILE AND HARDWOOD.  NEW BASEBOARD HEAT NEW WINDOWS, NEW PLUMBING, TITLE V, PARTIAL NEW ROOF. NOT A DRIVE BY.. EVERYTHING HAS BEEN DONE.  OUT BUILDING IS 13X22 WITH HEAT & ELECTRIC AND PHONE. PERFECT OFFICE.
Unit Size
1,002 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$190
Property Type
House
Property Taxes
$114
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: 5 months ago (MLSPIN #30587615)

Price History

Date / Event Date Event Price
May 31, 2002 Sold
Premium
Sold
Mar 13, 2002 Listed by RE/MAX On The River, Inc. $189,900
Listed by RE/MAX On The River, Inc.
Jun 2, 2000 Sold
Premium
Sold
Sep 20, 1999 Listed by RE/MAX On The River, Inc. $117,000
Listed by RE/MAX On The River, Inc.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 930
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 930
  • Gross Building Area: 2,081
  • Building Area: 930
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 930
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEYBROOK
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: C

Geography

  • Parcel: SALI M:19 P: 157
  • Municipality: SALISBURY
  • Latitude: 42.8723
  • Longitude: -70.8769

    Address

  • Full Address: 31 Main St
  • Address - House Number: 31
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 1216
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $393,800

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 469,744
  • High Value: 554,398
  • Low Value: 385,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $376,800
  • Assessed Land Value: $160,800
  • Assessed Improvements Value: $216,000

    Sales

  • Current Sale Recording Date: May 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 02, 2000
  • Previous Sale Amount: $117,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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, 01952

$2,100 /mo

  • Studio
  • 1 Bath
  • 461 ft²
238 Lafayette #105, Salisbury, 01952 Listing by Patrick Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30587615

Frequently Asked Questions

When was property at 31 Main Street built and last sold?
The property at 31 Main Street was built in 1956 and last sold on Jan 1, 1970 for $189,900.
How much is this home worth?
The estimated value of the home located at 31 Main Street is $200,651.
What are some comparable homes to 31 Main Street?
There are currently no comparable homes to 31 Main Street.
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