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Salem 01970 South Salem
9 Ober St
Photo of 9 Ober St
Sold on May 30, 2007

1

Map

$291,000
● House - Off Market

9 Ober St

Salem, MA 01970
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,518 Ft²
$541,838
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Turn of the century Victorian on quiet street convenient to commuter rail & major roadways.  This home features sunny rooms, high ceilings, living rm w/gas fireplace, formal dining rm w/china cabinet, large eat-in kitchen w/new stainless steel appliances & 3 season porch. 2 large bedrms upstairs w/sitting rm & full bath. Improvements incl. new roof, chimney & hot water heater, newer insulated glass windows, dryer & electrical service.  Exterior patio, fenced yard & 2 car pkg.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$191
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1910

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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: 5 months ago (MLSPIN #70551149)

Price History

Date / Event Date Event Price
May 30, 2007 Sold
Premium
Sold
Apr 2, 2007 Listed $289,900
Listed
May 27, 2003 Sold
Premium
Sold
Mar 12, 2003 Listed $262,500
Listed
Oct 29, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 759
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,454
  • Gross Building Area: 2,796
  • Building Area: 1,454
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,454
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HP SAUNDERS
  • Land Acres: 0000000070
  • 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: 204702

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:15 L:0151
  • Lot: 151
  • Municipality: SALEM
  • Latitude: 42.5199
  • Longitude: -70.9154

    Address

  • Full Address: 9 Ober St
  • Address - House Number: 9
  • Address - Street Name: Ober
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C038
  • 4-Digit Zip Code: 1314
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $533,400

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 567,805
  • High Value: 702,855
  • Low Value: 432,755

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $459,000
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $273,500

    Sales

  • Current Sale Recording Date: May 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 27, 2003
  • Previous Sale Amount: $257,500
  • 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

2171 ft²

Average Home Age

83.9 years

Currently For Sale

33 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 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70551149

Frequently Asked Questions

When was property at 9 Ober Street built and last sold?
The property at 9 Ober Street was built in 1910 and last sold on Jan 1, 1970 for $291,000.
How much is this home worth?
The estimated value of the home located at 9 Ober Street is $306,726.
What are some comparable homes to 9 Ober Street?
There are currently no comparable homes to 9 Ober Street.
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