For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Salisbury 01952
7 Gove Ln
$410,000
● House - Off Market

7 Gove Ln

Salisbury, MA 01952
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,294 Ft²
$448,816
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

This lovely property offers lots of natural light, a flexible floor plan and options for separate home offices. Main living area includes spacious living room, 3 bedrooms, full bath, open kitchen with breakfast bar and dining room with access to screened porch overlooking beautiful back yard abutting marshland. Walk out lower level offers more living space, workshop and storage.Solar Panels (leased) help with energy expenses and there is an automatic generator with this home. Enjoy this private .43 acre lot located at the end of a  cul-de-sac neighborhood. Property has been lovingly maintained and is ready for a new owner to make it theirs.  Location offers beaches, rail trails for biking and hiking, and quick access to downtown Newburyport for shops, restaurants and a walk on the boardwalk.
Unit Size
2,294 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$175
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1972

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #72902474)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 30, 2021 Listed by Keller Williams Realty Evolution $402,500
Listed by Keller Williams Realty Evolution

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,570
  • Total Building Area: 1,713
  • Gross Building Area: 2,332
  • Building Area: 1,713
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,713
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000426
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267104

Zoning

  • Zoning: R2

Geography

  • Account Number: 1973/273
  • Parcel: SALI M: 4 P: 130
  • Municipality: SALISBURY
  • Latitude: 42.8415
  • Longitude: -70.8495

    Address

  • Full Address: 7 Gove Ln
  • Address - House Number: 7
  • Address - Street Name: Gove
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C027
  • 4-Digit Zip Code: 2039
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $421,600

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 494,000
  • High Value: 584,995
  • Low Value: 403,006

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $403,400
  • Assessed Land Value: $184,800
  • Assessed Improvements Value: $218,600

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211119003510
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 Salisbury

Stats & Trends

Median Asking:

$612,000

Sale Price/ft²

$447

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1690 ft²

Average Home Age

27.4 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 246 South Main, Seabrook, 03874

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,120 ft²
246 South Main, Seabrook, 03874 Listing by Robert Gilman

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72902474

Frequently Asked Questions

When was property at 7 Gove Lane built and last sold?
The property at 7 Gove Lane was built in 1972 and last sold on Nov 19, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 7 Gove Lane is $434,209.
What are some comparable homes to 7 Gove Lane?
There are currently no comparable homes to 7 Gove Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Salisbury Homes for Sale
Salisbury Houses for Sale
Salisbury Condos for Sale
Salisbury Townhouses for Sale
Salisbury Multifamily for Sale
Salisbury Land for Sale
Salisbury Commercial for Sale
Salisbury Homes with Basements
Nearby Cities
Newburyport Homes for Sale
Amesbury Town Homes for Sale
Hampton Beach Homes for Sale
Hampton Homes for Sale
Seabrook Beach Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Rockingham County, NH Property Records
Strafford County, NH Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
York County, ME Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Nearby Counties
Newburyport Homes for Sale
Amesbury Town Homes for Sale
Hampton Homes for Sale
Seabrook Homes for Sale
Merrimac Homes for Sale
Newbury Homes for Sale
Groveland Homes for Sale
West Newbury Homes for Sale
Top Real Estate Agents
Top Agents in Salisbury
Top Agents in 01950
Top Agents in Newburyport
Top Agents in Newburyport
Top Agents in 01913
Top Agents in Amesbury Town
Top Agents in Amesbury Town
Top Agents in Hampton