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Salem 01970 South Salem
33 Circle Hill Rd
$500,000
● House - Off Market

33 Circle Hill Rd

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$764,484
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Looking for a move-in condition home that's perfect for entertaining with family and friends... You have found it here.  This amazing home boasts so many wonderful features including an open concept living/dining room and kitchen, complete with custom tile backsplash, granite counters, recessed lighting, fireplace and soaring ceilings.  Sun-splashed family room overlooks a private fenced in yard with patio, pool and deck.  3 bedrooms, updated bathrooms, hardwood flrs, newer windows, roof and furnace.   Bonus living space in the finished basement offers a perfect setting for a media room, man-cave or playroom.  Great location in Witchcaft Heights close to schools, parks and Downtown Salem amenities.    ***1st showings at Open House Saturday, May 13, 12-2***
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$245
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1969

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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: 5 months ago (MLSPIN #72163083)

Price History

Date / Event Date Event Price
Jul 31, 2017 Sold
Premium
Sold
May 11, 2017 Listed by Coldwell Banker Residential Brokerage - Salem $489,900
Listed by Coldwell Banker Residential Brokerage - Salem
Sep 22, 2004 Sold
Premium
Sold
Apr 9, 2004 Listed by Coldwell Banker Residential Brokerage - Salem $364,900
Listed by Coldwell Banker Residential Brokerage - Salem

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 7,828
  • Total Building Area: 2,006
  • Gross Building Area: 2,712
  • Building Area: 2,006
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,006
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: R1

Geography

  • Parcel: SALE M:09 L:0207
  • Lot: 207
  • Municipality: SALEM
  • Latitude: 42.5117
  • Longitude: -70.9215

    Address

  • Full Address: 33 Circle Hill Rd
  • Address - House Number: 33
  • Address - Street Name: Circle Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C009
  • 4-Digit Zip Code: 1043
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $813,300

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 753,808
  • High Value: 884,219
  • Low Value: 623,398

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $699,900
  • Assessed Land Value: $215,200
  • Assessed Improvements Value: $484,700

    Sales

  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 163
  • Previous Sale Recording Date: Sep 22, 2004
  • Previous Sale Amount: $347,500
  • 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

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2122 ft²

Average Home Age

86.3 years

Currently For Sale

34 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: 5 months ago
Data Source: MLS PIN, MLS# 72163083

Frequently Asked Questions

When was property at 33 Circle Hill Road built and last sold?
The property at 33 Circle Hill Road was built in 1969 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 33 Circle Hill Road is $504,264.
What are some comparable homes to 33 Circle Hill Road?
There are currently no comparable homes to 33 Circle Hill Road.
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