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Salem 01970 South Salem
9 Chandler Road
$415,000
● House - Off Market

9 Chandler Road

Salem, MA 01970
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,366 Ft²
$620,096
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Picture perfect storybook Cape with 4 bedrooms and 2 full baths, ideally located in much desired Vinnin Sq/Chandler Rd neighborhood. This home has updated baths on both levels, hardwood floors, spacious living room with fireplace and a lovely screened porch leading out to the landscaped backyard. The lower level is semi-finished with a painted floor and sealed walls and contains the laundry area, workshop and a home office. Washer and dryer included. Easy distance to Vinnin Sq shopping. Showings begin Saturday 6/24 at OH 12-1:30. Private showings til 7PM. Sunday OH 12-1:30 private showings til 6PM. Offers due Monday 6/26 by 4PM
Unit Size
1,366 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$292
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1950

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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 #72184117)

Price History

Date / Event Date Event Price
Aug 1, 2017 Sold
Premium
Sold
Jun 18, 2017 Listed by Waterfield Sotheby's International Realty $399,000
Listed by Waterfield Sotheby's International Realty
Apr 14, 2010 Sold
Premium
Sold
Feb 22, 2010 Listed by Waterfield Sotheby's International Realty $339,000
Listed by Waterfield Sotheby's International Realty
Aug 27, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,111
  • Total Building Area: 1,366
  • Gross Building Area: 2,902
  • Building Area: 1,366
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,366
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204102

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:21 L:0175
  • Lot: 175
  • Municipality: SALEM
  • Latitude: 42.4878
  • Longitude: -70.8975

    Address

  • Full Address: 9 Chandler Rd
  • Address - House Number: 9
  • Address - Street Name: Chandler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C026
  • 4-Digit Zip Code: 4203
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,600

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 627,407
  • High Value: 726,509
  • Low Value: 528,306

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $530,600
  • Assessed Land Value: $181,900
  • Assessed Improvements Value: $348,700

    Sales

  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 273
  • Previous Sale Recording Date: Apr 14, 2010
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 27
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 South Salem

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2270 ft²

Average Home Age

87.2 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72184117

Frequently Asked Questions

When was property at 9 Chandler Road built and last sold?
The property at 9 Chandler Road was built in 1950 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 9 Chandler Road is $406,310.
What are some comparable homes to 9 Chandler Road?
There are currently no comparable homes to 9 Chandler Road.
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