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Salem 01970 South Salem
35 Hanson St
$403,000
● House - Off Market

35 Hanson St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,714 Ft²
$595,941
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Price Reduction!!! Beautiful 6 room Colonial Garrison home. Fenced yard, vinyl exterior, insulated windows and storage shed. Hardwood floors through out. Large master bedroom with potential to add a master bath. 2 more good size bedrooms one with a walk in closet. Updated bathrooms. Next to a nice park with walking trails, basketball court and great views. Easy highway access, close to Downtown Salem, Commuter Rail Station, restaurants and shopping. Open House 11 -1 Sunday November 11.
Unit Size
1,714 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$233
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1963

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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 #72421266)

Price History

Date / Event Date Event Price
Dec 28, 2018 Sold
Premium
Sold
Nov 7, 2018 Listed by Armstrong Field Real Estate $399,000
Listed by Armstrong Field Real Estate
Mar 27, 2009 Sold
Premium
Sold
Jan 31, 2009 Listed by Armstrong Field Real Estate $289,900
Listed by Armstrong Field Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,714
  • Gross Building Area: 1,826
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 204702

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:15 L:0365
  • Lot: 365
  • Municipality: SALEM
  • Latitude: 42.518
  • Longitude: -70.9128

    Address

  • Full Address: 35 Hanson St
  • Address - House Number: 35
  • Address - Street Name: Hanson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C036
  • 4-Digit Zip Code: 1343
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,800

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 593,454
  • High Value: 699,426
  • Low Value: 487,483

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,700
  • Assessed Land Value: $197,400
  • Assessed Improvements Value: $297,300

    Sales

  • Current Sale Contract Date: Dec 28, 2018
  • Current Sale Recording Date: Dec 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 598614
  • Previous Sale Recording Date: Mar 27, 2009
  • Previous Sale Amount: $287,500
  • Previous Sale Document Type: 48
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

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2188 ft²

Average Home Age

89.2 years

Currently For Sale

45 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# 72421266

Frequently Asked Questions

When was property at 35 Hanson Street built and last sold?
The property at 35 Hanson Street was built in 1963 and last sold on Dec 28, 2018 for $403,000.
How much is this home worth?
The estimated value of the home located at 35 Hanson Street is $412,900.
What are some comparable homes to 35 Hanson Street?
There are currently no comparable homes to 35 Hanson Street.
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