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Salisbury 01952
9 School House Ln
$417,500
● House - Off Market

9 School House Ln

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,024 Ft²
$768,314
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Attached 2 car garage, need I say more on this cold and snowy day? Located on an established side street with conservation land near by, you can't beat the quick access to beaches, commuter routes, shopping and restaurants. You wouldn't know that this center entrance colonial is 11 years old, it looks much younger!  If you are looking to expand, there's potential for 1200 Sq Ft of additional living area in walk up attic or basement. The architect thought of everything when designing this home, layout is perfect, large kitchen with desk area and breakfast area, formal dining, large walk in closet in master, and great light in every room. Also, rare for Salisbury...has city sewer and natural gas. And you'll love the large, flat yard with deck and patio.
Unit Size
3,024 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$141
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
2003

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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 #71787504)

Price History

Date / Event Date Event Price
Apr 17, 2015 Sold
Premium
Sold
Jan 26, 2015 Listed by Coldwell Banker Residential Brokerage - Newburyport $425,000
Listed by Coldwell Banker Residential Brokerage - Newburyport
Aug 28, 2003 Sold
Premium
Sold
Apr 4, 2003 Sold
Premium
Sold
Mar 20, 2003 Listed by Coldwell Banker Residential Brokerage - Newburyport $150,000
Listed by Coldwell Banker Residential Brokerage - Newburyport

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,008
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,234
  • Total Building Area: 2,448
  • Gross Building Area: 5,368
  • Building Area: 2,448
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000625
  • 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: 365/38
  • Parcel: SALI M:20 P: 4
  • Municipality: SALISBURY
  • Latitude: 42.8481
  • Longitude: -70.8618

    Address

  • Full Address: 9 School House Ln
  • Address - House Number: 9
  • Address - Street Name: School House
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C017
  • 4-Digit Zip Code: 1914
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,800

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 757,824
  • High Value: 877,970
  • Low Value: 637,678

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,500
  • Assessed Land Value: $167,700
  • Assessed Improvements Value: $461,800

    Sales

  • Current Sale Recording Date: Apr 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41700223
  • Previous Sale Recording Date: Aug 28, 2003
  • Previous Sale Amount: $379,900
  • 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 Salisbury

Stats & Trends

Median Asking:

$617,450

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1685 ft²

Average Home Age

27.9 years

Currently For Sale

40 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 238 Lafayette, Salisbury, 01952

$1,725 /mo

  • Studio
  • 1 Bath
  • 359 ft²
238 Lafayette #108, Salisbury, 01952 Listing by Patrick Carey
Unit for rent at 246 South Main, Seabrook, 03874

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,120 ft²
246 South Main, Seabrook, 03874 Listing by Robert Gilman

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71787504

Frequently Asked Questions

When was property at 9 School House Lane built and last sold?
The property at 9 School House Lane was built in 2003 and last sold on Jan 1, 1970 for $417,500.
How much is this home worth?
The estimated value of the home located at 9 School House Lane is $481,694.
What are some comparable homes to 9 School House Lane?
There are currently no comparable homes to 9 School House Lane.
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