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Essex 01952
42 Pike St.
$115,000
● Land - Off Market

42 Pike St.

Salisbury, MA 01952
bedrooms
Studio
bathrooms
0 Bath
$222,449
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Septic Design Approved for a 4 Bedroom House. Close to Highway, Salisbury Beach, Seabrook Beach and Hampton Beach. Close to Tax Free New Hampshire Shopping. Seller will install the Septic System for an Additional Fee.
Unit Size
-
Days on Market
-
Land Size
5.71 acres
Price per sqft
-
Property Type
Land
Property Taxes
$167
HOA Dues
-
Year Built
2017

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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 #72104518)

Price History

Date / Event Date Event Price
Mar 31, 2017 Sold
Premium
Sold
Jan 2, 2017 Listed by The North Shore Realty Group $135,000
Listed by The North Shore Realty Group
Jul 8, 2016 Sold
Premium
Sold
Sep 24, 2015 Listed by The North Shore Realty Group $135,000
Listed by The North Shore Realty Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 848
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,268
  • Gross Building Area: 2,548
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267102

Zoning

  • Zoning: R2

Geography

  • Account Number: 99/79
  • Parcel: SALI M:19 P: 81
  • Municipality: SALISBURY
  • Latitude: 42.8686
  • Longitude: -70.8759

    Address

  • Full Address: 42 Pike St
  • Address - House Number: 42
  • Address - Street Name: Pike
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 1220
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $606,500

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 691,534
  • High Value: 778,271
  • Low Value: 604,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $580,400
  • Assessed Land Value: $162,800
  • Assessed Improvements Value: $417,600

    Sales

  • Current Sale Recording Date: Mar 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 185
  • Previous Sale Recording Date: Jul 08, 2016
  • Previous Sale Amount: $7,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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 238 Lafayette, Salisbury, 01950

$1,975 /mo

  • Studio
  • 1 Bath
  • 378 ft²
238 Lafayette #107, Salisbury, 01950 Listing by Hunter Carey
Unit for rent at 21 Collins, Seabrook, 03874

$2,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,328 ft²
21 Collins, Seabrook, 03874 Listing by Gita Ghaemi

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72104518

Frequently Asked Questions

When was property at 42 Pike Street built and last sold?
The property at 42 Pike Street was built in 2017 and last sold on Jan 1, 1970 for $115,000.
How much is this home worth?
The estimated value of the home located at 42 Pike Street is $136,350.
What are some comparable homes to 42 Pike Street?
There are currently no comparable homes to 42 Pike Street.
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