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Essex 01952
5 Trout Way
$295,000
● House - Off Market

5 Trout Way

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,850 Ft²
$573,982
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Nice, three-bedroom split on quiet, dead-end street, close to Salisbury Center.  Eat-in kitchen open to dining room, large family room, attached garage.  Beautiful, level backyard, ready for entertaining.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$159
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1973

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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 #71544193)

Price History

Date / Event Date Event Price
Aug 9, 2013 Sold
Premium
Sold
Jun 19, 2013 Listed by Stone Ridge Properties, Inc. $295,000
Listed by Stone Ridge Properties, Inc.
Nov 15, 2002 Sold
Premium
Sold
Sep 24, 2002 Listed by Stone Ridge Properties, Inc. $299,900
Listed by Stone Ridge Properties, Inc.
Feb 27, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,008
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,951
  • Gross Building Area: 3,402
  • Building Area: 1,951
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,951
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 123/57
  • Parcel: SALI M:20 P: 63
  • Municipality: SALISBURY
  • Latitude: 42.8497
  • Longitude: -70.8623

    Address

  • Full Address: 5 Trout Way
  • Address - House Number: 5
  • Address - Street Name: Trout
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 1502
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $572,300

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 637,958
  • High Value: 751,761
  • Low Value: 524,155

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,700
  • Assessed Land Value: $185,400
  • Assessed Improvements Value: $362,300

    Sales

  • Current Sale Recording Date: Aug 09, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 562
  • Previous Sale Recording Date: Nov 15, 2002
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.6 years

Currently For Sale

1470 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 Patrick Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71544193

Frequently Asked Questions

When was property at 5 Trout Way built and last sold?
The property at 5 Trout Way was built in 1973 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 5 Trout Way is $320,867.
What are some comparable homes to 5 Trout Way?
There are currently no comparable homes to 5 Trout Way.
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