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Salem 01970 South Salem
6 Maple Avenue
$300,000
● House - Off Market

6 Maple Avenue

Salem, MA 01970
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,803 Ft²
$620,959
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Well located, charming and updated 5 bedroom, 1.5 bath Victorian.  Inviting spacious rooms with rich hardwoods, high ceilings, period moldings, and thermopane windows(2009). Gracious entry foyer. Newer tile floors in kitchen and full bath. New roof (2009) and large fenced yard with beautiful gardens.  Located on dead end street with access to Tedesco Pond walking trails. Long and wide driveway offers 6+ car off-street parking.  Expansive, level backyard with patio and storage shed.
Unit Size
1,803 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$169
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1895

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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: 4 months ago (MLSPIN #71391782)

Price History

Date / Event Date Event Price
Aug 24, 2012 Sold
Premium
Sold
Jun 4, 2012 Listed by William Raveis R.E. & Home Services $305,000
Listed by William Raveis R.E. & Home Services
Jan 30, 2009 Sold
Premium
Sold
Oct 30, 2008 Listed by RE/MAX 360 $299,900
Listed by RE/MAX 360
BE THE FIRST TO ENJOY THIS RENOVATED 5 BEDROOM VICTORIAN! Located on dead end street within walking distance to Vinnin Square. Brand new siding, roof and windows. New tile floors in kitchen and full bath, hardwood floors throughout remainder of house. Off street parking with fenced in back yard. Priced to sell so don't miss out on this excellent opportunity!
Oct 15, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 820
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,814
  • Gross Building Area: 3,317
  • Building Area: 1,814
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,814
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 204102

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:21 L:0224
  • Lot: 224
  • Municipality: SALEM
  • Latitude: 42.4866
  • Longitude: -70.8994

    Address

  • Full Address: 6 Maple Ave
  • Address - House Number: 6
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C026
  • 4-Digit Zip Code: 4227
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $658,200

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 746,689
  • High Value: 915,860
  • Low Value: 577,518

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,400
  • Assessed Land Value: $195,000
  • Assessed Improvements Value: $371,400

    Sales

  • Current Sale Recording Date: Aug 24, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jan 30, 2009
  • Previous Sale Amount: $290,000
  • 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:

$619,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2218 ft²

Average Home Age

86.1 years

Currently For Sale

44 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: 4 months ago
Data Source: MLS PIN, MLS# 71391782

Frequently Asked Questions

When was property at 6 Maple Avenue built and last sold?
The property at 6 Maple Avenue was built in 1895 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 6 Maple Avenue is $307,502.
What are some comparable homes to 6 Maple Avenue?
There are currently no comparable homes to 6 Maple Avenue.
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