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Salem 01970 South Salem
36 Valley St.
Photo of 36 Valley St.
Sold on Jan 6, 2026

34

Map

Photo of 36 Valley St.
Photo of 36 Valley St.
$788,000
● House - Off Market

36 Valley St.

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
3,500 Ft²
$4,295
Est. Monthly

About This Property

Wonderful family home which includes a lower level 2-bedroom in-law apartment.  Enter the main living level through the front door into the living room which leads to the dining room both with gleaming wood floors.  Also on the main level is a welcoming eat-in kitchen, main bedroom, recently remodeled full bath, laundry room, and den with access to the back deck.   Two bedrooms and attic storage can be found on the second floor.   The lower in-law apartment includes 2 bedrooms, living room, kitchen, and full bath.  Recent updates also include a new roof, driveway pavement and front sidewalk in 2025.   Heating system replaced in 2021.
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$214
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1944

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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: 10 months ago (MLSPIN #73451943)

Price History

Date / Event Date Event Price
Jan 6, 2026 Sold
Premium
Sold
Nov 11, 2025 In contract -
In contract
Nov 5, 2025 Listed by Coldwell Banker Realty - Marblehead $749,900
Listed by Coldwell Banker Realty - Marblehead

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,298
  • Total Building Area: 2,100
  • Gross Building Area: 5,606
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • 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:14 L:0077
  • Lot: 77
  • Municipality: SALEM
  • Latitude: 42.5116
  • Longitude: -70.9144

    Address

  • Full Address: 36 Valley St
  • Address - House Number: 36
  • Address - Street Name: Valley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C098
  • 4-Digit Zip Code: 1951
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $715,000

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 678,046
  • High Value: 802,218
  • Low Value: 553,874

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $615,300
  • Assessed Land Value: $252,300
  • Assessed Improvements Value: $363,000
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: 10 months ago
Data Source: MLS PIN, MLS# 73451943

Frequently Asked Questions

When was property at 36 Valley Street built and last sold?
The property at 36 Valley Street was built in 1944 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 36 Valley Street is $0.
What are some comparable homes to 36 Valley Street?
There are currently no comparable homes to 36 Valley Street.
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