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Salem 01970 South Salem
6 Champlain Road
$445,000
● House - Off Market

6 Champlain Road

Salem, MA 01970
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,453 Ft²
$907,428
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Your home for the holidays! Oversized 11 rm split, 4 beds & 3 full baths incl walk out lower level suite, hot tub pavilion, 3 season room & stunning deck. Plenty of room for home office, guests and/or extended family. Extensive hand-crafted iron work surrounds large lot with gardens and picnic area. Connecting bridge the house to patio and amazingly finished 865 sq ft entertainment room over 2-car garage. All overlooking Salem's Castle Hill Park. Come see your very own field of dreams!
Unit Size
2,453 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$187
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
1997

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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: 6 months ago (MLSPIN #71448093)

Price History

Date / Event Date Event Price
Apr 12, 2013 Sold
Premium
Sold
Oct 9, 2012 Listed by J. Barrett & Company $459,000
Listed by J. Barrett & Company
May 1, 2001 Sold
Premium
Sold
Nov 4, 1997 Sold
Premium
Sold
Jul 18, 1997 Listed $179,900
Listed
NEW CONSTRUCTION OVERLOOKING CASTLE HILL. PLAYGROUND. PICK YOUR OPETIONS NOW.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,248
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,233
  • Total Building Area: 2,453
  • Gross Building Area: 3,462
  • Building Area: 2,453
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,453
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000717
  • 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: R

Geography

  • Parcel: SALE M:23 L:0024
  • Lot: 24
  • Municipality: SALEM
  • Latitude: 42.5054
  • Longitude: -70.9029

    Address

  • Full Address: 6 Champlain Rd
  • Address - House Number: 6
  • Address - Street Name: Champlain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C099
  • 4-Digit Zip Code: 2851
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $927,500

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 861,618
  • High Value: 1,010,523
  • Low Value: 712,713

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $798,200
  • Assessed Land Value: $238,700
  • Assessed Improvements Value: $559,500

    Sales

  • Current Sale Recording Date: Apr 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 01, 2001
  • Previous Sale Amount: $225,000
  • 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:

$615,000

Sale Price/ft²

$367

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1724 ft²

Average Home Age

93.3 years

Currently For Sale

40 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: 6 months ago
Data Source: MLS PIN, MLS# 71448093

Frequently Asked Questions

When was property at 6 Champlain Road built and last sold?
The property at 6 Champlain Road was built in 1997 and last sold on Jan 1, 1970 for $445,000.
How much is this home worth?
The estimated value of the home located at 6 Champlain Road is $481,348.
What are some comparable homes to 6 Champlain Road?
There are currently no comparable homes to 6 Champlain Road.
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