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Salem 01970 North Salem
4 Buffum Street
Photo of 4 Buffum Street
Sold on Aug 27, 2010

1

Map

$330,000
● House - Off Market

4 Buffum Street

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,771 Ft²
$696,352
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Wow!!!.This 3 bedroom, 2 bath has been completely rehabed.  Kitchen boasts granite counter tops, stainless steel appliances and island.  There is a 20x20 deck off kitchen.  1st floor also has a large living room, 1 bedroom and a full bath.  2nd floor has a 20x11 master bedroom with his and hers closets with private deck.   Separate bedroom on 2nd floor as well as a 21x14 open area that could be used as office space.  2nd full bath, new roof, windows, central air, furnance and hot water heater.
Unit Size
1,771 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$192
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1870

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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: 2 years ago (MLSPIN #71112653)

Price History

Date / Event Date Event Price
Aug 27, 2010 Sold
Premium
Sold
Jul 21, 2010 Listed by EXIT Premier Real Estate $339,900
Listed by EXIT Premier Real Estate
Mar 31, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,012
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,771
  • Gross Building Area: 3,540
  • Building Area: 1,771
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,771
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:0370
  • Lot: 370
  • Municipality: SALEM
  • Latitude: 42.526
  • Longitude: -70.9019

    Address

  • Full Address: 4 Buffum St
  • Address - House Number: 4
  • Address - Street Name: Buffum
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C014
  • 4-Digit Zip Code: 2308
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $706,100

    Appraisal Valuation

  • Standard Deviation: 0.2148
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 681,877
  • High Value: 828,342
  • Low Value: 535,412

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,700
  • Assessed Land Value: $199,900
  • Assessed Improvements Value: $407,800

    Sales

  • Current Sale Recording Date: Aug 27, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 31, 2010
  • Previous Sale Amount: $95,000
  • 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 North Salem

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1635 ft²

Average Home Age

98.2 years

Currently For Sale

20 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: 2 years ago
Data Source: MLS PIN, MLS# 71112653

Frequently Asked Questions

When was property at 4 Buffum Street built and last sold?
The property at 4 Buffum Street was built in 1870 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 4 Buffum Street is $0.
What are some comparable homes to 4 Buffum Street?
There are currently no comparable homes to 4 Buffum Street.
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