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Salisbury 01952
9 Schoolhouse Lane
$133,000
● Land - Off Market

9 Schoolhouse Lane

Salisbury, MA 01952
bedrooms
Studio
bathrooms
0 Bath
$353,463
RealtyHop Estimate
135.64%
Since May 1, 2003
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
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: 4 years ago (MLSPIN #30700391)

Price History

Date / Event Date Event Price
Apr 17, 2015 Sold
Premium
Sold
Jan 26, 2015 Listed by Vernon A. Martin, Inc. $425,000
Listed by Vernon A. Martin, Inc.
Aug 28, 2003 Sold
Premium
Sold
Apr 4, 2003 Sold
Premium
Sold
Mar 20, 2003 Listed by Vernon A. Martin, Inc. $150,000
Listed by Vernon A. Martin, Inc.

Property Highlights

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:

$612,000

Sale Price/ft²

$452

Above Asking

0.00%

Average Days on Market

68

Average Home Size

1693 ft²

Average Home Age

33.6 years

Currently For Sale

48 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

$2,100 /mo

  • Studio
  • 1 Bath
  • 461 ft²
238 Lafayette #105, Salisbury, 01952 Listing by Patrick Carey
Unit for rent at 246 South Main, Seabrook, 03874

$1,900 /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: 4 years ago
Data Source: MLS PIN, MLS# 30700391

Frequently Asked Questions

When was property at 9 Schoolhouse Lane built and last sold?
The property at 9 Schoolhouse 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 Schoolhouse Lane is $0.
What are some comparable homes to 9 Schoolhouse Lane?
There are currently no comparable homes to 9 Schoolhouse Lane.
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