For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Salem 01970 South Salem
32 Proctor St
$465,000
● House - Off Market

32 Proctor St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$646,080
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

This is the home you have been waiting for. Lots of living space – over 2300 SqFt. Oversize garage that will hold the largest passenger vehicles. Beautiful hardwood floors throughout. The first floor living area is an open concept design that is great for entertaining along with an office that could be used a small bedroom and half bath. On the second floor is a large Master Bedroom with a spacious master bath and walk in closet with two more large bedrooms and a full bath  Out back is a newer composite deck for outdoor relaxing and grilling. A bonus family room in the lower level adds approximately 400 more SqFt. Close to Downtown Salem, North Shore Medical Center and the Boston Rockport Commuter Rail. This house was constructed in 1995.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$202
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1995

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72615706)

Price History

Date / Event Date Event Price
Mar 16, 2020 Sold
Premium
Sold
Feb 5, 2020 Listed by Armstrong Field Real Estate $465,000
Listed by Armstrong Field Real Estate
Feb 27, 2004 Sold
Premium
Sold
Sep 3, 2003 Listed by Armstrong Field Real Estate $364,900
Listed by Armstrong Field Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,693
  • Total Building Area: 2,304
  • Gross Building Area: 4,128
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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: 204702

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:15 L:0347
  • Lot: 347
  • Municipality: SALEM
  • Latitude: 42.5174
  • Longitude: -70.9102

    Address

  • Full Address: 32 Proctor St
  • Address - House Number: 32
  • Address - Street Name: Proctor
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C036
  • 4-Digit Zip Code: 2117
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $697,000

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 674,849
  • High Value: 795,354
  • Low Value: 554,343

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $599,800
  • Assessed Land Value: $198,400
  • Assessed Improvements Value: $401,400

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200316002840
  • Previous Sale Recording Date: Feb 27, 2004
  • Previous Sale Amount: $355,000
  • 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

$368

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: 4 months ago
Data Source: MLS PIN, MLS# 72615706

Frequently Asked Questions

When was property at 32 Proctor Street built and last sold?
The property at 32 Proctor Street was built in 1995 and last sold on Mar 16, 2020 for $465,000.
How much is this home worth?
The estimated value of the home located at 32 Proctor Street is $486,752.
What are some comparable homes to 32 Proctor Street?
There are currently no comparable homes to 32 Proctor Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Salem Homes for Sale
Salem Houses for Sale
Salem Condos for Sale
Salem Townhouses for Sale
Salem Multifamily for Sale
Salem Land for Sale
Salem Commercial for Sale
Salem Homes with Basements
Nearby Cities
Lynn Homes for Sale
Medford Homes for Sale
Arlington Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Woburn Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Maplewood Real Estate
West Revere Real Estate
Glendale Real Estate
Downtown Woburn Real Estate
Winchester Town Center Real Estate
Arlington Center Real Estate
Peabody Town Center Real Estate
Glenwood Real Estate
Nearby Counties
Lynn Homes for Sale
Medford Homes for Sale
Arlington Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Woburn Homes for Sale
Top Real Estate Agents
Top Agents in South Salem
Top Agents in Salem
Top Agents in Lynn
Top Agents in Lynn
Top Agents in 01970
Top Agents in 02155
Top Agents in Medford
Top Agents in Medford