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Essex 01952
44 Pike St
$100,000
● House - Off Market

44 Pike St

Salisbury, MA 01952
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,242 Ft²
$254,490
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

This property will not qualify for FHA financing except for 203k rehab loan; all inspections done for informational purposes only as no repairs will be made by Seller. Septic will be the Buyer's responsibility no Title V test has been done. Property is in need of significant repair, possible mold which has not been tested. Town has this property listed as a 2 bedroom home. There are hardwood floors in the bedrooms. Has had some updates such as windows. Property being sold as is.
Unit Size
1,242 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$109
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1972

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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 months ago (MLSPIN #71598144)

Price History

Date / Event Date Event Price
Oct 23, 2019 Sold
Premium
Sold
Apr 11, 2014 Sold
Premium
Sold
Oct 17, 2013 Listed by The Martin Group, Inc. $134,900
Listed by The Martin Group, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,242
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,378
  • Total Building Area: 1,242
  • Gross Building Area: 3,120
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000583
  • 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: 80
  • Municipality: SALISBURY
  • Latitude: 42.8685
  • Longitude: -70.8764

    Address

  • Full Address: 44 Pike St
  • Address - House Number: 44
  • 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: $453,100

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 527,282
  • High Value: 618,211
  • Low Value: 436,353

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $433,600
  • Assessed Land Value: $167,000
  • Assessed Improvements Value: $266,600

    Sales

  • Current Sale Contract Date: Oct 23, 2019
  • Current Sale Recording Date: Oct 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191023002820
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Amount: $100,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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 30 Pine, Seabrook, 03874

$1,600 /mo

  • 1 Bed
  • 700 ft²
30 Pine, Seabrook, 03874 Listing by Linda Fortin

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71598144

Frequently Asked Questions

When was property at 44 Pike Street built and last sold?
The property at 44 Pike Street was built in 1972 and last sold on Oct 23, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 44 Pike Street is $150,481.
What are some comparable homes to 44 Pike Street?
There are currently no comparable homes to 44 Pike Street.
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