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Salem 01970 North Salem
41 Northend Ave
$347,000
● House - Off Market

41 Northend Ave

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,528 Ft²
$545,298
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Fresh exterior paint and shutters! Sun drenched and distinguished, this well-maintained single family home is just north of downtown Salem. Situated in a quiet neighborhood, this prime location allows for easy access to route 114 and 128, making the areas vast amenities minutes from this property. Short stroll to the commuter rail or into down town Salem. This home boasts new hardwood floors on the first level and additional upgrades since the home last sold in 2007. Generous kitchen offers easy access to the exterior private deck. Fenced private rear yard offers bonus exterior detached "Boathouse" with full electric, cable outlets, and baseboard heat, as well as two overhead fans, an entertainers "mecca".
Unit Size
1,528 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$229
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #72166978)

Price History

Date / Event Date Event Price
Sep 25, 2017 Sold
Premium
Sold
May 18, 2017 Listed by William Raveis R.E. & Home Services $349,900
Listed by William Raveis R.E. & Home Services
Aug 30, 2007 Sold
Premium
Sold
May 31, 2007 Listed by William Raveis R.E. & Home Services $344,900
Listed by William Raveis R.E. & Home Services
Mar 1, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 910
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,415
  • Total Building Area: 1,528
  • Gross Building Area: 2,782
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000078
  • 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:17 L:0300
  • Lot: 300
  • Municipality: SALEM
  • Latitude: 42.5285
  • Longitude: -70.9088

    Address

  • Full Address: 41 Northend Ave
  • Address - House Number: 41
  • Address - Street Name: Northend
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C016
  • 4-Digit Zip Code: 1521
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $598,800

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 597,458
  • High Value: 707,622
  • Low Value: 487,294

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,300
  • Assessed Land Value: $187,300
  • Assessed Improvements Value: $328,000

    Sales

  • Current Sale Recording Date: Sep 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 405
  • Previous Sale Recording Date: Aug 30, 2007
  • Previous Sale Amount: $338,000
  • 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:

$649,900

Sale Price/ft²

$421

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1717 ft²

Average Home Age

100.9 years

Currently For Sale

18 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: 5 months ago
Data Source: MLS PIN, MLS# 72166978

Frequently Asked Questions

When was property at 41 Northend Avenue built and last sold?
The property at 41 Northend Avenue was built in 1915 and last sold on Jan 1, 1970 for $347,000.
How much is this home worth?
The estimated value of the home located at 41 Northend Avenue is $363,833.
What are some comparable homes to 41 Northend Avenue?
There are currently no comparable homes to 41 Northend Avenue.
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