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Salem 01970 South Salem
9 Intervale Rd
Photo of 9 Intervale Rd
Sold on Apr 30, 2025

16

Map

Photo of 9 Intervale Rd
Photo of 9 Intervale Rd
$410,000
● House - Off Market

9 Intervale Rd

Salem, MA 01970
bedrooms
4 Beds
bathrooms
1 Bath
square feet
990 Ft²
$2,364
Est. Monthly
13.66%
Cap Rate

About This Property

***ATTENTION Investors, Contractors or DIY's. ***Single family cape with attached garage, 3-4 bedrooms and 1 full bath. Yard is a steep slope in the back with a fenced side yard. This is a rehab, worth the effort, but may not qualify for Conventional/FHA or VA loans. House is located near Salem State University and Vinnin Square. Allow 72 hours for response from attorney.
Unit Size
990 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$396
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1950

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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: 2 years ago (MLSPIN #73348337)

Price History

Date / Event Date Event Price
Apr 30, 2025 Sold
Premium
Sold
Mar 30, 2025 In contract -
In contract
Mar 20, 2025 Listed $392,000
Listed
Jul 15, 2003 Sold
Premium
Sold
Jan 1, 1975 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 660
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 990
  • Gross Building Area: 2,214
  • Building Area: 990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 990
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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:0135
  • Lot: 135
  • Municipality: SALEM
  • Latitude: 42.4893
  • Longitude: -70.8987

    Address

  • Full Address: 9 Intervale Rd
  • Address - House Number: 9
  • Address - Street Name: Intervale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C026
  • 4-Digit Zip Code: 4310
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $525,300

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 543,951
  • High Value: 641,082
  • Low Value: 446,819

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $452,100
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $275,100

    Sales

  • Current Sale Recording Date: Jul 15, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 01, 1975
  • Previous Sale Amount: $26,500
  • 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

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2218 ft²

Average Home Age

86.1 years

Currently For Sale

44 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73348337

Frequently Asked Questions

When was property at 9 Intervale Road built and last sold?
The property at 9 Intervale Road was built in 1950 and last sold on Jan 1, 1970 for $299,900.
How much is this home worth?
The estimated value of the home located at 9 Intervale Road is $0.
What are some comparable homes to 9 Intervale Road?
There are currently no comparable homes to 9 Intervale Road.
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