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Salem 01970 South Salem
5 Pyburn Ave
$233,000
● House - Off Market

5 Pyburn Ave

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$621,936
RealtyHop Estimate
166.93%
Since Mar 1, 2001
MA-Boston
Primary Model

About This Property

OWN THIS LOVELY 6 RM RANCH FEATURING H/W FLOORS &C.T.FLOORS IN UPDATED 17X9  KITCHEN. W/W IN 24X11+ BASE.FAM RM. FRONT TREX DECK.  SUBJECT TO SELLER FINDING SUITABLE HOUSING. NEW 24' ABOVE GROUND POOL
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$172
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1961

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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 years ago (MLSPIN #30462060)

Price History

Date / Event Date Event Price
Feb 26, 2001 Sold
Premium
Sold
Nov 19, 2000 Listed $233,000
Listed
Dec 1, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 1,664
  • Gross Building Area: 2,233
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 204701

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:03 L:0015
  • Lot: 15
  • Municipality: SALEM
  • Latitude: 42.498
  • Longitude: -70.9322

    Address

  • Full Address: 5 Pyburn Ave
  • Address - House Number: 5
  • Address - Street Name: Pyburn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C030
  • 4-Digit Zip Code: 1753
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $629,700

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 622,596
  • High Value: 736,613
  • Low Value: 508,579

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $541,900
  • Assessed Land Value: $183,600
  • Assessed Improvements Value: $358,300

    Sales

  • Current Sale Recording Date: Feb 26, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 72802
  • Previous Sale Recording Date: Dec 01, 1993
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 43
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

56

Average Home Size

2188 ft²

Average Home Age

89.2 years

Currently For Sale

45 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: 4 years ago
Data Source: MLS PIN, MLS# 30462060

Frequently Asked Questions

When was property at 5 Pyburn Avenue built and last sold?
The property at 5 Pyburn Avenue was built in 1961 and last sold on Jan 1, 1970 for $233,000.
How much is this home worth?
The estimated value of the home located at 5 Pyburn Avenue is $0.
What are some comparable homes to 5 Pyburn Avenue?
There are currently no comparable homes to 5 Pyburn Avenue.
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