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Salem 01970 Salem Neck
31 Osgood St
Photo of 31 Osgood St
Sold on Mar 9, 2009

1

Map

$240,000
● House - Off Market

31 Osgood St

Salem, MA 01970
bedrooms
2 Beds
bathrooms
1 Bath
square feet
2,348 Ft²
$546,299
RealtyHop Estimate
118.61%
Since Apr 1, 2009
MA-Boston
Primary Model

About This Property

Spacious home, great condition..plenty of potential for expansion..second floor not yet built out...large basement ready to be finished. This home has a fenced in yard, 6 rooms on first level with the second floor yet to be finished.
Unit Size
2,348 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$106
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1988

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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: 6 months ago (MLSPIN #70839035)

Price History

Date / Event Date Event Price
Mar 9, 2009 Sold
Premium
Sold
Oct 24, 2008 Listed $249,900
Listed
May 28, 2008 Sold
Premium
Sold
Feb 9, 2008 Listed $285,000
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,204
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,497
  • Total Building Area: 2,408
  • Gross Building Area: 3,732
  • Building Area: 2,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,408
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GERALDINE M AYERS
  • Land Acres: 0000000126
  • 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: 204500

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:36 L:0276
  • Lot: 276
  • Municipality: SALEM
  • Latitude: 42.5321
  • Longitude: -70.8868

    Address

  • Full Address: 31 Osgood St
  • Address - House Number: 31
  • Address - Street Name: Osgood
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C005
  • 4-Digit Zip Code: 4116
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,000

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 550,964
  • High Value: 639,832
  • Low Value: 462,096

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,800
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $327,000

    Sales

  • Current Sale Recording Date: Mar 09, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 28, 2008
  • Previous Sale Amount: $265,000
  • 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 Salem Neck

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$446

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1525 ft²

Average Home Age

164.7 years

Currently For Sale

17 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: 6 months ago
Data Source: MLS PIN, MLS# 70839035

Frequently Asked Questions

When was property at 31 Osgood Street built and last sold?
The property at 31 Osgood Street was built in 1988 and last sold on Jan 1, 1970 for $243,000.
How much is this home worth?
The estimated value of the home located at 31 Osgood Street is $295,908.
What are some comparable homes to 31 Osgood Street?
There are currently no comparable homes to 31 Osgood Street.
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