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Salem 01970 South Salem
46 Belleview Ave
$510,000
● House - Off Market

46 Belleview Ave

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,644 Ft²
$715,244
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

New List Price!! Best value in neighborhood. Don't let this one get away!!Beautifully maintained and updated home ready for it's new owners. Come in the front door and you will feel right at home! First floor presents in immaculate condition, with designer wall colors, hardwood floors throughout the main level (except kitchen & bath), renovated bath and 3 bedrooms. Large deck off kitchen offers tranquil views of your fenced lot with mature perennials, storage shed and above ground pool w/separate deck. Finished lower level offers family room, den, work area , laundry room & plenty of storage. Secondary kitchen offers in law potential! Wonderful place to call home!!
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$304
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #72532219)

Price History

Date / Event Date Event Price
Sep 12, 2019 Sold
Premium
Sold
Jul 10, 2019 Listed by Tache Real Estate, Inc. $499,900
Listed by Tache Real Estate, Inc.
Aug 27, 2008 Sold
Premium
Sold
Mar 19, 2008 Listed by Tache Real Estate, Inc. $329,000
Listed by Tache Real Estate, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 42
  • 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: 984
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,383
  • Total Building Area: 1,644
  • Gross Building Area: 3,026
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • 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: 204702

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:10 L:0199
  • Lot: 199
  • Municipality: SALEM
  • Latitude: 42.5145
  • Longitude: -70.9231

    Address

  • Full Address: 46 Belleview Ave
  • Address - House Number: 46
  • Address - Street Name: Belleview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C098
  • 4-Digit Zip Code: 1166
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $723,000

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 719,007
  • High Value: 833,182
  • Low Value: 604,832

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,200
  • Assessed Land Value: $216,400
  • Assessed Improvements Value: $405,800

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Sep 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190912001740
  • Previous Sale Recording Date: Aug 27, 2008
  • Previous Sale Amount: $300,000
  • 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 South Salem

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2104 ft²

Average Home Age

84 years

Currently For Sale

39 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# 72532219

Frequently Asked Questions

When was property at 46 Belleview Avenue built and last sold?
The property at 46 Belleview Avenue was built in 1963 and last sold on Sep 11, 2019 for $510,000.
How much is this home worth?
The estimated value of the home located at 46 Belleview Avenue is $500,979.
What are some comparable homes to 46 Belleview Avenue?
There are currently no comparable homes to 46 Belleview Avenue.
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