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Salisbury 01952
8 Atlantic Ave
$163,250
● House - Off Market

8 Atlantic Ave

Salisbury, MA 01952
bedrooms
4 Beds
bathrooms
1 Bath
square feet
733 Ft²
$290,844
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Best Deal in Town!  Now is the time to stop renting during the summer at Salisbury Beach and take advantage of this opportunity to own your own Beach Hideaway at a rock bottom price!  This adorable summer cottage is literally no more than 75 steps to the beautiful sandy beaches of Salisbury Beach!  The interior received a complete makeover about 4-5 years ago which included new flooring, a new kitchen, new bathroom, new appliances, fresh paint and new decor.  Roof and windows were replaced 10-12 years ago.  Even the furnishing will remain for the new buyer.  And, yes, there really are 4 bedrooms!  All you need to do is stock the refrigerator and bring your beach chairs and you are ready for Summer 2017!  Purchase now BEFORE they start the revitalization of Salisbury Beach!
Unit Size
733 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$246
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1900

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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 #72108377)

Price History

Date / Event Date Event Price
May 12, 2017 Sold
Premium
Sold
Jan 13, 2017 Listed by Coldwell Banker Residential Brokerage - Newburyport $180,000
Listed by Coldwell Banker Residential Brokerage - Newburyport

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 9
  • Basement Area: 364
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 937
  • Total Building Area: 733
  • Gross Building Area: 1,238
  • Building Area: 733
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 733
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000022
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: BC

Geography

  • Account Number: 3200-86
  • Parcel: SALI M:32 P: 99
  • Municipality: SALISBURY
  • Latitude: 42.8403
  • Longitude: -70.8168

    Address

  • Full Address: 8 Atlantic Ave
  • Address - House Number: 8
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salisbury
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $260,200

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 242,351
  • High Value: 281,411
  • Low Value: 203,290

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $249,000
  • Assessed Land Value: $123,400
  • Assessed Improvements Value: $125,600

    Sales

  • Current Sale Contract Date: May 01, 2017
  • Current Sale Recording Date: May 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 582430
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

$450

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1702 ft²

Average Home Age

32.7 years

Currently For Sale

47 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 116 Central, Salisbury, 01952

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
116 Central #UNIT3, Salisbury, 01952 Listing by Hunter Carey
Unit for rent at 432 North End, Salisbury, 01952

$3,300 /mo

  • 4 Beds
  • 1,152 ft²
432 North End, Salisbury, 01952 Listing by Hunter Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72108377

Frequently Asked Questions

When was property at 8 Atlantic Avenue built and last sold?
The property at 8 Atlantic Avenue was built in 1900 and last sold on May 1, 2017 for $163,750.
How much is this home worth?
The estimated value of the home located at 8 Atlantic Avenue is $186,300.
What are some comparable homes to 8 Atlantic Avenue?
There are currently no comparable homes to 8 Atlantic Avenue.
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