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Salem 01970 Salem Neck
6 Kosciusko St
$539,000
● House - Off Market

6 Kosciusko St

Salem, MA 01970
bedrooms
1 Bed
bathrooms
2 Baths
square feet
1,165 Ft²
$536,540
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Imagine owning this historic gem overlooking Salem's Friendship, Custom House, and Pickering Wharf! Once a 1701 cooper shop and warehouse on a nearby wharf, it is thought to have been moved to where it currently resides in 1870. Downstairs has open kitchen/dining/living area with full bath. Upstairs has one bedroom, walk-in closet, one full bath plus a bonus room. Original rustic charm and antique touches throughout. Wide pine floors. Full basement. Two resident parking stickers for on-street parking. Zoning is B1 - Business Neighborhood so may be other use possibilities. Property in the Derby St. Historic District. **OPEN SATURDAY 13TH AND SUNDAY 14TH 10:30am-12noon**
Unit Size
1,165 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$428
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1701

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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 #73057297)

Price History

Date / Event Date Event Price
Dec 27, 2022 Sold
Premium
Sold
Nov 17, 2022 In contract -
In contract
Nov 10, 2022 Listed by RE/MAX 360 $499,000
Listed by RE/MAX 360
Apr 1, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1701
  • Effective Year Built: 1701
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 556
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,059
  • Total Building Area: 1,165
  • Gross Building Area: 1,753
  • Building Area: 1,165
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,165
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000024
  • 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: 204300

Zoning

  • Zoning: B1

Geography

  • Parcel: SALE M:35 L:0406
  • Lot: 406
  • Municipality: SALEM
  • Latitude: 42.5215
  • Longitude: -70.8862

    Address

  • Full Address: 6 Kosciusko St
  • Address - House Number: 6
  • Address - Street Name: Kosciusko
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C004
  • 4-Digit Zip Code: 5617
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $521,900

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 533,046
  • High Value: 623,609
  • Low Value: 442,482

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,100
  • Assessed Land Value: $193,400
  • Assessed Improvements Value: $255,700

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Dec 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221227002480
  • Previous Sale Recording Date: Apr 01, 1994
  • Previous Sale Amount: $138,000
  • 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 Salem Neck

Stats & Trends

Median Asking:

$589,900

Sale Price/ft²

$447

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1547 ft²

Average Home Age

167.6 years

Currently For Sale

17 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# 73057297

Frequently Asked Questions

When was property at 6 Kosciusko Street built and last sold?
The property at 6 Kosciusko Street was built in 1701 and last sold on Dec 27, 2022 for $539,000.
How much is this home worth?
The estimated value of the home located at 6 Kosciusko Street is $509,216.
What are some comparable homes to 6 Kosciusko Street?
There are currently no comparable homes to 6 Kosciusko Street.
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