74 Tremont St, Salem, MA 01970 - Valuation report, cap rates, free data
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74 Tremont St, Salem, MA 01970

Indicative value *
$0.4M - $0.5M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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C
Overall location
score
74
Value decline
risk score
68
Value growth
potential score
  • Residential district area with 98% of people residing in the area and 2% commuting here for work
  • Close to highway, highway score is 92 (out of 100)
  • Within or close to a large city
  • Medium household income of $66,103/year in 0.3mi and $63,950/year in 3mi
  • Medium population density of 6,969/sq.mi. in 0.3mi and 3,950/sq.mi. in 3mi
  • Access to public transit is average with transit score of 30 (out of 100)
  • Population has average level of education with 31% of people with bachelor degrees
  • Low retail growth
  • Not popular area with foot traffic score of 0 (out of 100)
  • Limited business growth
  • Low job growth in the area (within 3mi radius)
  • Very few amenities within walking distance
  • Employers in the area are small-size businesses, including Salem Five Cents Savings Bank, Childrens Friend And Family Service Society Of The North Shore Inc., North Shore Bank, Kenney Enterprises, Walnut 65 Holdings Inc., Travel Leather Co. Inc., Gravoc Associates Inc., Sum Co Eco Contracting, Ryan & Coscia, Gulu Gulu Corporation, John J Walsh Insurance
  • USA / Massachusetts / 01970 / 74 Tremont St, Salem, MA 01970, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    2
    247500
    4.24
    04/27/20
    Multi-Family
    2
    225000
    4.91
    03/31/20
    Multi-Family
    2
    228500
    4.84
    03/24/20
    Multi-Family
    2
    380000
    2.99
    03/17/20
    Multi-Family
    2
    335000
    3.32
    02/27/20
    Multi-Family
    2
    375000
    3.03
    01/31/20
    Multi-Family
    2
    375000
    2.99
    01/31/20
    Multi-Family
    2
    375000
    2.99
    01/31/20
    Multi-Family
    2
    325000
    3.67
    12/23/19
    Multi-Family
    2
    245000
    3.82
    12/20/19
    Multi-Family
    2
    170000
    6.18
    12/17/19
    Multi-Family
    2
    370000
    3.03
    11/01/19
    Multi-Family
    2
    221000
    4.96
    08/01/19
    Multi-Family
    2
    335000
    2.95
    05/10/19
    Multi-Family
    2
    212500
    5.13
    02/11/19
    Multi-Family
    2
    125000
    6.11
    12/31/18
    Multi-Family
    2
    365000
    3.0
    12/03/18
    Multi-Family
    2
    217500
    4.75
    12/03/18
    Multi-Family
    2
    257500
    4.43
    11/30/18
    Multi-Family
    2
    325000
    3.39
    10/31/18
    Multi-Family
    2
    212500
    5.05
    10/29/18
    Multi-Family
    2
    359500
    3.16
    09/21/18
    Multi-Family
    2
    68500
    10.77
    05/08/18
    Multi-Family
    2
    125000
    8.39
    04/13/18
    Multi-Family
    2
    294200
    3.61
    04/12/18
    Multi-Family
    2
    125000
    8.85
    03/15/18
    Multi-Family
    2
    192500
    4.49
    02/27/18
    Multi-Family
    2
    167000
    5.89
    02/22/18
    Multi-Family
    2
    225000
    4.59
    01/09/18
    Multi-Family
    2
    187325
    4.71
    01/05/18
    Multi-Family
    2
    322500
    3.41
    01/05/18
    Multi-Family
    2
    157500
    5.06
    12/28/17
    Multi-Family
    2
    195000
    5.25
    12/22/17
    Multi-Family
    2
    168367
    5.67
    12/13/17
    Multi-Family
    2
    155000
    6.32
    11/15/17
    Multi-Family
    2
    357500
    3.09
    11/01/17
    Multi-Family
    2
    257450
    4.27
    10/03/17
    Multi-Family
    2
    145000
    6.28
    09/29/17
    Multi-Family
    2
    171250
    5.67
    09/28/17
    Multi-Family
    2
    132500
    8.27
    09/26/17
    Multi-Family
    2
    190000
    5.93
    09/15/17
    Multi-Family
    2
    173250
    5.52
    09/08/17
    Multi-Family
    2
    342500
    3.27
    08/31/17
    Multi-Family
    2
    197500
    5.96
    08/07/17
    Multi-Family
    2
    302500
    3.32
    07/17/17
    Multi-Family
    2
    215000
    4.79
    06/15/17
    Multi-Family
    2
    229500
    4.82
    03/24/17
    Multi-Family
    2
    182500
    5.82
    03/17/17
    Multi-Family
    2
    225000
    4.91
    02/08/17
    Multi-Family
    2
    189500
    4.36
    01/03/17
    Multi-Family
    2
    198849
    5.26
    12/16/16
    Multi-Family
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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    Population Density

    Income

    Business Density

    Salaries

    Highways

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