32
Map
$799,900
●
House -
In Contract
5 Willson Rd
Salem, MA 01970
3 Beds
2 Baths,
1
Half Bath
2,196 Ft²
$4,484
Est. Monthly
About This Property
Welcome to 5 Willson Road in highly desirable Salem! This
beautifully maintained home features gleaming hardwood floors and a
spacious open-concept layout, perfect for modern living and
entertaining. The chef's kitchen offers both style and
functionality, seamlessly flowing into the main living area. Enjoy
the comfort and privacy of your screened-in porch, a perfect
retreat for morning coffee or evening relaxation, all while
overlooking your private in-ground pool-ideal for entertaining or
unwinding in your own backyard oasis. Additional highlights include
a two-car garage with convenient interior access and a finished
basement offering versatile extra space, perfect for a second
living room, game room, home office, or whatever suits your needs.
Don't miss this exceptional opportunity to own a home that truly
has it all! Showings begin at the open house Sunday, September 13th
from 11:00 AM -12:30 PM
Unit Size
2,196 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$364
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1972
Listed By
Michael Shea
Shea Real Estate
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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: 6 days ago (MLSPIN #73575027)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Listed by Shea Real Estate | $799,900 | |
| Listed by Shea Real Estate | |||
| Jun 9, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 18, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Relisted | $799,900 | |
| Relisted | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Paved, Off Street, Paved
Garage Spaces: 1
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Flooring Type: Carpet, Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Full, Finished
Exterior Details
Square Footage: 2196
Security Features: Security System
Architectural Style: Split Entry
Year Built Source: Public Records
Year Built: 1972
Waterfront Features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Area Total: 2196
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed
Pool Features: In Ground
Pool is Private
Lot Features: Additional Land Avail.
Lot Size Area: 0.27
Lot Size Units: Acres
Lot Size Acres: 0.27
Lot Size Square Feet: 11565
Water Source: Public
Financial Details
Tax Assessed Value: $588,400
Tax Annual Amount: $6,672
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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