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$455,000
● House - Off Market

4 Border

Salem, MA
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,858 Ft²
$761,376
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Located on a dead end street, right around the corner from the Witchcraft Heights Elementary School, this oversized house features a very flexible floor plan.  Eat in kitchen with separate dining room border a large living room with a fireplace.  Central air conditioning, 2 car garage, office / study, family room with sliders leading to a fenced back yard with an in ground pool.  Tons of storage and space throughout.  This is a great family home in a very quiet and convenient location.
Unit Size
2,858 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$168
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 years ago (MLSPIN #72182908)

Price History

Date / Event Date Event Price
Oct 11, 2017 Sold
Premium
Sold
Jun 15, 2017 Listed by Coldwell Banker Realty - Manchester $479,000
Listed by Coldwell Banker Realty - Manchester

Property Highlights

Air Conditioning
Garage
Interior Details
Level: First
Level: First
Level: First
Level: Basement
Level: First
Level: Basement
Level: Basement
Level: First
Level: First
Level: First
Level: First
Level: First
Full Bathrooms: 3
Interior Features: Office
Appliances: Range, Dishwasher, Disposal, Refrigerator
Laundry Features: In Basement
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Partially Finished
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Paved Drive
Garage Spaces: 2
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Single Family Residence
Levels: Split Entry
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch - Enclosed
Lead Paint: Unknown
Pool Features: In Ground
Pool is Private
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Zoning: R1
Parcel Number: 2127621
Water Source: Public
Financial Details
Tax Assessed Value: $409,900
Tax Annual Amount: $6,571
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Oil
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72182908
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