$769,000
●
House -
Off Market
4 Watson St
Salem, MA 01970
4 Beds
2 Baths,
1
Half Bath
1,928 Ft²
$639,121
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model
About This Property
Absolutely unique and stunning this home will make your knees
buckle with its perfect blend of old world charm with modern
amenities. Completely renovated and added onto in 2015. Upon entry
you are greated with original wide plank hardwood floors and sun
filled living room with wood burning stove. Off the living room is
a magazine worthy dining room with art deco wall paper and charming
built ins including a bar nook. The chef's dream kitchen has a
custom island with incredible wood details, an original bread oven,
stainless steal appliances and access to incredible storage.
Completing the first floor is an adorable powder room and laundry
area. The 2nd floor offers a primary bedroom with walk in closet
and an office, 2 additional bedrooms and a renovated full bath.
Need more? Travel to the third floor in-law or au-pair suite with
exposed beams and another renovated bathroom! Just steps to
delicious eateries and close to the heart of all that Salem has to
offer!
Unit Size
1,928 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$326
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1850
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 months ago (MLSPIN #72971849)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | Listed by William Raveis R.E. & Home Services | $629,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Apr 29, 2015 | Sold | ||
| Sold | |||
| Oct 2, 2013 | Listed by Prime Realty Group, Inc. | $229,800 | |
| Listed by Prime Realty Group, Inc. | |||
| | |||
|
BACK ON THE MARKET and needs a NEW OWNER...is it YOU?? Spacious home features DRIVEWAY PARKING and a fenced-in BACK YARD - hard to find in Salem at such a value!! Live in a very commutable area on a quiet side street, yet close to heart of Salem. Along with proximity to downtown Peabody and nearby schools, highways, public transportation, many shops and restaurants are also close by. HARDWOOD FLOORS line the main living and bedrooms of the home. Off the eat in kitchen is a half bath with a stacked washer & dryer. A cozy bedroom/playroom is also on the main level. Two bedrooms occupy the second level, with an office/nursery space off the master bedroom. The FLEXIBLE floor plan allows access from the front and back of the house. The partially finished attic on the THIRD LEVEL is just waiting for finishing touches to the roomy space - potential FOR A MASTER SUITE? A new single layer ROOF was installed in 2011, along with newer VINYL SIDING and REPLACEMENT WINDOWS within the last 10 years.
| |||
| Aug 18, 2005 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017