73 School St, Salem, MA 01970

6 beds3 baths3,978 sqft Edit

Edit home facts for a more accurate Zestimate.
Off Market
Zestimate®: $442,144
Rent Zestimate®: $1,777/mo
Est. Refi Payment
/mo

Estimated Monthly Payment

$

Please enter a dollar amount between $0 and $200,000,000

()

Please enter a percent between 0% and 100%

30 Year Fixed:
/mo
15 Year Fixed:
/mo
5/1 ARM:
/mo
Estimated taxes & insurance of are not included.
See current rates On

This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

Edit
Large North Salem 3 Family w/ separate utilities and a strong annual $49k rent roll. Owner pays heat for 2nd floor tenant. Driveway for tandem parking. Rubber roof new in 2005. Each apartment has a porch in the rear. Convenient location, easy access to routes 128 and 1. There is some lead paint, but very little according to owner to make premises comply. 2 of the units have updated kitchens. All units are neat and clean, hard wood floors. A great investment with a potential 14 % ROI.

Facts

  • Lot: 4,750 sqft
  • Multi Family
  • Built in 1910
  • Views: 907 all time views
  • Heating: Other
  • Last sold: Mar 2012 for $379,000

Construction

  • Exterior material: Metal
  • Roof type: Built up
  • Room count: 15
  • Stories: 3
  • Unit count: 3

Other

  • Floor size: 3,978 sqft
  • Parcel #: M:16 L:0322
  • Zillow Home ID: 56118623

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
$442,144
+$1,460 Last 30 days
$407K
$473K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,777/mo
-$18 Last 30 days
$1.2K
$3.3K
Zestimate range
Zestimate forecast
$XXX,XXX
0
One year
To see Zestimate forecast
Create a free account

Popularity on Zillow

If this home is listed on Zillow, it will reach the largest real estate network on the web.*
907 all-time views
of this home (chart)
38 forecasted views of this home
in the first 7 days after listing for sale
Interested in selling this home?
Post your home as Make Me Move, for sale, for rent, or contact an agent.

Comparable Homes

Homes like this sold for $331-481K.

$290K
$530K

Mortgages

Home Expenses

Internet, phone and TV
Home security
Furniture
Home Insurance

Neighborhood

Market guide

Zillow predicts 01970 home values will rise 0.2% next year, compared to a 0.3% increase for Salem as a whole. Among 01970 homes, this home is valued 53% more than the midpoint (median) home, but is valued 41.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 01970, the number of foreclosures waiting to be sold is 2.9% greater than in Salem, and 66.7% lower than the national average. This higher local number may prevent 01970 home values from rising as quickly as other regions in Salem.

Learn more about forecast calculations or 01970 home values.
  More Less 

    For Sale

    See all nearby listings

    Rentals

    See all nearby rentals

    Nearby Schools in Salem

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org