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Salem 01970 South Salem
352 Jefferson Ave
$244,000
● House - Off Market

352 Jefferson Ave

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,170 Ft²
$463,253
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Urban farm on city sized lot offers, charm and character both inside and out. Enter this cheery home  through the  front sun porch, appreciate the period details, wood flrs, updated kitchen,  living room, dining room, enhanced by  natural wood work . There are 3 ample sized bedrooms, 2 full baths, and it doesn't end inside.   Enjoy dinner on the deck from the harvest of your organic garden beds and fresh herbs  or sit on the back 3 season room and watch the day end. Come home to happy!
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$196
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1933

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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 #71388316)

Price History

Date / Event Date Event Price
Jul 30, 2012 Sold
Premium
Sold
May 28, 2012 Listed by RE/MAX Advantage Real Estate $229,000
Listed by RE/MAX Advantage Real Estate
Sep 18, 2000 Sold
Premium
Sold
Jun 23, 2000 Listed $189,900
Listed
MOVE INTO THIS GREAT HOUSE. 2 ENCLOSED PORCHES. UPDATED SYSTEMS AND BEAUTIFUL NEW KITCHEN. A LOT OF HOUSE FOR THE MONEY. ALL SHOWINGS START JUNE 23RD.
Sep 16, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 780
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,249
  • Total Building Area: 1,170
  • Gross Building Area: 2,646
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 204102

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:23 L:0214
  • Lot: 214
  • Municipality: SALEM
  • Latitude: 42.5007
  • Longitude: -70.8987

    Address

  • Full Address: 352 Jefferson Ave
  • Address - House Number: 352
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C099
  • 4-Digit Zip Code: 4440
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $535,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 553,254
  • High Value: 658,497
  • Low Value: 448,010

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,100
  • Assessed Land Value: $178,100
  • Assessed Improvements Value: $283,000

    Sales

  • Current Sale Recording Date: Jul 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Sep 16, 1991
  • Previous Sale Amount: $127,000
  • 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:

$619,500

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2104 ft²

Average Home Age

84 years

Currently For Sale

39 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# 71388316

Frequently Asked Questions

When was property at 352 Jefferson Avenue built and last sold?
The property at 352 Jefferson Avenue was built in 1933 and last sold on Jan 1, 1970 for $244,000.
How much is this home worth?
The estimated value of the home located at 352 Jefferson Avenue is $243,895.
What are some comparable homes to 352 Jefferson Avenue?
There are currently no comparable homes to 352 Jefferson Avenue.
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