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Salisbury 01952
78 Bridge Rd
$190,000
● House - Off Market

78 Bridge Rd

Salisbury, MA 01952
bedrooms
2 Beds
bathrooms
1 Bath
square feet
540 Ft²
$231,859
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Unique cottage perfectly situated half way between Salisbury's golden beaches and the shopping and dining of downtown Newburyport. The sunset views from the back deck are absolutely amazing! This property is perfect for those looking to down size or cash in on passive income! This property is being sold as is, where is. Buyers and agents are responsible for their own due diligence.
Unit Size
540 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$417
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73041970)

Price History

Date / Event Date Event Price
Mar 8, 2023 Sold
Premium
Sold
Feb 15, 2023 In contract -
In contract
Jan 13, 2023 Relisted $175,000
Relisted
Dec 28, 2022 In contract -
In contract
Sep 28, 2022 Listed by Coldwell Banker Realty - Haverhill $225,000
Listed by Coldwell Banker Realty - Haverhill
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 18
  • 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: 540
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,298
  • Total Building Area: 540
  • Gross Building Area: 1,252
  • Building Area: 540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 540
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000512
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: C

Geography

  • Account Number: 130/1981
  • Parcel: SALI M:15 P: 112
  • Municipality: SALISBURY
  • Latitude: 42.8307
  • Longitude: -70.8643

    Address

  • Full Address: 78 Bridge Rd
  • Address - House Number: 78
  • Address - Street Name: Bridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C017
  • 4-Digit Zip Code: 2408
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $234,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 256,002
  • High Value: 302,138
  • Low Value: 209,866

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $224,100
  • Assessed Land Value: $107,700
  • Assessed Improvements Value: $116,400

    Sales

  • Current Sale Contract Date: Mar 01, 2023
  • Current Sale Recording Date: Mar 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230308002600
  • Previous Sale Recording Date: Mar 06, 2020
  • Previous Sale Contract Date: Mar 06, 2020
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: O
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:

$615,000

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1650 ft²

Average Home Age

32.4 years

Currently For Sale

43 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 16 Chestnut, Newburyport, 01950

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950 Listing by Tami Mallett

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73041970

Frequently Asked Questions

When was property at 78 Bridge Road built and last sold?
The property at 78 Bridge Road was built in 1920 and last sold on Mar 1, 2023 for $190,000.
How much is this home worth?
The estimated value of the home located at 78 Bridge Road is $224,522.
What are some comparable homes to 78 Bridge Road?
There are currently no comparable homes to 78 Bridge Road.
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