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Essex 01952
8 Bayberry Ln
$240,000
● House - Off Market

8 Bayberry Ln

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,644 Ft²
$545,748
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

Lovingly maintained 3 bedroom home! Relax & entertain on cozy three season porch or large deck overlooking backyard. Many updates, inc hardwood flooring, newer windows, doors, water heater, roof, siding, & creative built ins. Fabulous fireplaced family room in lower level, workshop,& bonus room currently a music studio. Neighborhood setting w convenient hwy access. New septic being installed. Continued maintenance & attention to detail make this property a wonderful place to call home!
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$155
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #71444051)

Price History

Date / Event Date Event Price
Mar 18, 2021 Sold
Premium
Sold
Jan 28, 2021 Listed by William Raveis the Dolores Person $399,000
Listed by William Raveis the Dolores Person
Jan 14, 2013 Sold
Premium
Sold
Oct 5, 2012 Listed by William Raveis the Dolores Person $255,000
Listed by William Raveis the Dolores Person

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,112
  • Total Building Area: 1,644
  • Gross Building Area: 2,600
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000462
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Account Number: 113/39
  • Parcel: SALI M:18 P: 91
  • Municipality: SALISBURY
  • Latitude: 42.8609
  • Longitude: -70.8762

    Address

  • Full Address: 8 Bayberry Ln
  • Address - House Number: 8
  • Address - Street Name: Bayberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 1420
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $454,900

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 528,847
  • High Value: 623,042
  • Low Value: 434,653

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $435,300
  • Assessed Land Value: $164,900
  • Assessed Improvements Value: $270,400

    Sales

  • Current Sale Contract Date: Mar 18, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210318001360
  • Previous Sale Recording Date: Jan 14, 2013
  • Previous Sale Amount: $240,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

72 years

Currently For Sale

1468 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 30 Pine, Seabrook, 03874

$1,600 /mo

  • 1 Bed
  • 700 ft²
30 Pine, Seabrook, 03874 Listing by Linda Fortin

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71444051

Frequently Asked Questions

When was property at 8 Bayberry Lane built and last sold?
The property at 8 Bayberry Lane was built in 1971 and last sold on Mar 18, 2021 for $412,500.
How much is this home worth?
The estimated value of the home located at 8 Bayberry Lane is $411,194.
What are some comparable homes to 8 Bayberry Lane?
There are currently no comparable homes to 8 Bayberry Lane.
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