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Salem 01970 South Salem
51 Clark St
$524,000
● House - Off Market

51 Clark St

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,020 Ft²
$756,879
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Your new home awaits you. This young 2000 built home has a wonderful location at the end of a cul de sac. This home features a formal layout which makes entertaining a breeze, a 2 story foyer, French doors leading to the front to back fireplaced living room, brand new carpets, a master bath with a whirlpool tub, a 2nd floor laundry room, Anderson windows throughout, and maintenance free siding.
Unit Size
2,020 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$262
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
2000

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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 #72535671)

Price History

Date / Event Date Event Price
Sep 27, 2019 Sold
Premium
Sold
Jul 17, 2019 Listed by The Unique Boutique Real Estate Firm LLC $529,000
Listed by The Unique Boutique Real Estate Firm LLC
Nov 13, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,071
  • Total Building Area: 2,020
  • Gross Building Area: 3,396
  • Building Area: 2,020
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,020
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000438
  • 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:07 L:0082
  • Lot: 82
  • Municipality: SALEM
  • Latitude: 42.4943
  • Longitude: -70.9271

    Address

  • Full Address: 51 Clark St
  • Address - House Number: 51
  • Address - Street Name: Clark
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C030
  • 4-Digit Zip Code: 1735
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $760,800

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 753,527
  • High Value: 873,183
  • Low Value: 633,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $654,700
  • Assessed Land Value: $223,100
  • Assessed Improvements Value: $431,600

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190927005100
  • Previous Sale Recording Date: Nov 13, 2000
  • Previous Sale Amount: $325,000
  • 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:

$618,750

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2171 ft²

Average Home Age

83.9 years

Currently For Sale

33 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72535671

Frequently Asked Questions

When was property at 51 Clark Street built and last sold?
The property at 51 Clark Street was built in 2000 and last sold on Sep 27, 2019 for $524,000.
How much is this home worth?
The estimated value of the home located at 51 Clark Street is $547,207.
What are some comparable homes to 51 Clark Street?
There are currently no comparable homes to 51 Clark Street.
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