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Salem 01970 North Salem
38 Dunlap St
$380,000
● House - Off Market

38 Dunlap St

Salem, MA 01970
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,461 Ft²
$534,034
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

MOTIVATED SELLER. With a little bit of love this house can become your dream! Perfectly situated in North Salem, this charming 4-bedroom colonial features hardwood floors, period built-ins, and open concept living and dining room; perfect for entertaining. Warmth from pellet stove creates exceptional savings and cozy atmosphere just in time for cool autumn evenings. Kitchen complete with stainless steel appliances and ample cabinet space. Walk-up attic and basement storage. Enjoy coffee on the front porch, or an afternoon barbeque in your spacious back yard. Located close to commuter rail, park, and all the restaurants and attractions Salem has to offer! Hot water heater 2018. Roof 2012, with 3 year warranty remaining.
Unit Size
1,461 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$257
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1940

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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 #72555723)

Price History

Date / Event Date Event Price
Oct 22, 2019 Sold
Premium
Sold
Aug 28, 2019 Listed by J. Barrett & Company $375,000
Listed by J. Barrett & Company
Jul 20, 2012 Sold
Premium
Sold
Apr 25, 2012 Listed by J. Barrett & Company $275,000
Listed by J. Barrett & Company
Apr 30, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 729
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,565
  • Total Building Area: 1,461
  • Gross Building Area: 2,980
  • Building Area: 1,461
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,461
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000105
  • 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: 204600

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:26 L:0243
  • Lot: 243
  • Municipality: SALEM
  • Latitude: 42.5262
  • Longitude: -70.9062

    Address

  • Full Address: 38 Dunlap St
  • Address - House Number: 38
  • Address - Street Name: Dunlap
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C017
  • 4-Digit Zip Code: 2364
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $536,600

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 550,967
  • High Value: 646,117
  • Low Value: 455,816

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,800
  • Assessed Land Value: $192,900
  • Assessed Improvements Value: $268,900

    Sales

  • Current Sale Contract Date: Oct 16, 2019
  • Current Sale Recording Date: Oct 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191022000830
  • Previous Sale Recording Date: Jul 20, 2012
  • Previous Sale Amount: $270,500
  • Previous Sale Document Type: O
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 North Salem

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1638 ft²

Average Home Age

99.7 years

Currently For Sale

22 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# 72555723

Frequently Asked Questions

When was property at 38 Dunlap Street built and last sold?
The property at 38 Dunlap Street was built in 1940 and last sold on Oct 16, 2019 for $380,000.
How much is this home worth?
The estimated value of the home located at 38 Dunlap Street is $384,317.
What are some comparable homes to 38 Dunlap Street?
There are currently no comparable homes to 38 Dunlap Street.
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