For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Salisbury 01952
7 - 9 Lions Way
$175,000
● House - Off Market

7 - 9 Lions Way

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath
square feet
841 Ft²
$329,767
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Located on a dead end street, adjacent to Lions Park, rail trail entrance and newly constructed homes.   Town field card has 7 Lions Way classified as a 6 room, 3 bedroom, 1 bath home with .149 acres and served by town water and sewer.  Existing home is a total rehab.  Third bedroom is a pass through.  9 Lions Way is a separate lot with .27 acres the town currently has classified as residential undevelopable land. These lots have been in the same family for generations so this is a rare opportunity to attempt to maximize their use or just use the extra land for open space  - any zoning, use changes or engineering are the responsibility of the buyer's.
Unit Size
841 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$268
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1880

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: 4 years ago (MLSPIN #72529371)

Price History

Date / Event Date Event Price
Sep 16, 2019 Sold
Premium
Sold
Jul 5, 2019 Listed by The Aland Realty Group LLC $225,000
Listed by The Aland Realty Group LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 699
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 963
  • Gross Building Area: 1,795
  • Building Area: 963
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 963
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Georgetown School District
  • Census Tract: 267102

Zoning

  • Zoning: R2

Geography

  • Parcel: SALI M: 6 P: 4
  • Municipality: SALISBURY
  • Latitude: 42.8438
  • Longitude: -70.8654

    Address

  • Full Address: 7 Lions Way
  • Address - House Number: 7
  • Address - Street Name: Lions
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C009
  • 4-Digit Zip Code: 1902
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $357,700

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 336,662
  • High Value: 398,635
  • Low Value: 274,688

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $342,300
  • Assessed Land Value: $159,400
  • Assessed Improvements Value: $182,900

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190916003090
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

$452

Above Asking

0.00%

Average Days on Market

68

Average Home Size

1693 ft²

Average Home Age

33.6 years

Currently For Sale

48 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

$1,900 /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: 4 years ago
Data Source: MLS PIN, MLS# 72529371

Frequently Asked Questions

When was property at 7 Lions Way built and last sold?
The property at 7 Lions Way was built in 1880 and last sold on Sep 16, 2019 for $175,000.
How much is this home worth?
The estimated value of the home located at 7 Lions Way is $231,502.
What are some comparable homes to 7 Lions Way?
There are currently no comparable homes to 7 Lions Way.
Recent Neighborhood News
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
The Current Status of iBuying in 2026: What To Know
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