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Salem 01970 South Salem
5 Linden Street
Photo of 5 Linden Street
Sold on Dec 15, 2005

1

Map

$425,000
● House - Off Market

5 Linden Street

Salem, MA 01970
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,083 Ft²
$790,447
RealtyHop Estimate
79.69%
Since Jan 1, 2006
MA-Boston
Primary Model

About This Property

This lovely Victorian home can be bought either as a single family or a two family. As a single it offers  a great first level with formal living and dining rooms, kitchen , eating area ,full bath . The second level has 4-5 bedrooms and one full bath. This one has to  be seen to be appreciated, Huge yard and great location.
Unit Size
2,083 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$211
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1885

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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 #70283077)

Price History

Date / Event Date Event Price
Dec 15, 2005 Sold
Premium
Sold
Oct 23, 2005 Listed $439,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,212
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 2,687
  • Gross Building Area: 3,624
  • Building Area: 2,687
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,687
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204101

Zoning

  • Zoning: R

Geography

  • Parcel: SALE M:33 L:0351
  • Lot: 351
  • Municipality: SALEM
  • Latitude: 42.5105
  • Longitude: -70.8929

    Address

  • Full Address: 5 Linden St
  • Address - House Number: 5
  • Address - Street Name: Linden
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C028
  • 4-Digit Zip Code: 4614
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $775,100

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 705,435
  • High Value: 859,979
  • Low Value: 550,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $667,000
  • Assessed Land Value: $178,200
  • Assessed Improvements Value: $488,800

    Sales

  • Current Sale Recording Date: Dec 15, 2005
  • Current Sale Price:
    Premium
  • Current 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

$370

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2148 ft²

Average Home Age

85.2 years

Currently For Sale

36 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# 70283077

Frequently Asked Questions

When was property at 5 Linden Street built and last sold?
The property at 5 Linden Street was built in 1885 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 5 Linden Street is $443,963.
What are some comparable homes to 5 Linden Street?
There are currently no comparable homes to 5 Linden Street.
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