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12 Cabot St, Salem, MA, 01970

$910,888

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
1,994 SqFt
$457/SqFt
Multi

Location

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12 Cabot St, Salem$910,888

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Driveway, Paved
Garage2 spaces
Year Built1885
HeatingSteam, Natural Gas
CoolingNone
BasementYes
MLS #73308499
Lot Size0.10 Acres
StatusActive
(New)

About 12 Cabot St

This beautiful 2 family Victorian home built in 1885 offers move-in ready rehabbed units. Old world charm & historical craftsmanship is present as soon as you step inside. The formal dining room on the first floor is stunning, with mahogany pocket doors, cherry inlaid panels and built-in china hutch with hand crafted glass doors. Unit 1 offers 2 beds & 1 new bath, Unit 2 offers 3 beds & 1 new bath. Updated modern kitchens & new SS appliances & granite counter tops. 2 CAR GARAGE w/new doors & roof & two additional off street parking spaces. New architectural shingle roof w/a 45 year warranty, new high efficient gas furnace, new high efficient gas direct hot water heater. 38 new high efficiency windows, 3 new electrical service panels, wiring & outlets, new plumbing and washer/dryer hookup in basement. New waterproof seal coating in basement. A 5 min. walk to the historical downtown district, waterfront & commuter rail stop to Newburyport North & Boston to the South. WELCOME HOME!

Property Details

Property Features

Property Information:

  • Year Built: 1885
  • Living Area: 1,994 SqFt

Listing Office:

  • Office Name: Arrow Realty Group, Inc.
  • Office Phone: (508) 676-7600
  • Listing Agent: Marguerite Cashman

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Carpet, Hardwood, Vinyl / VCT, Wood, Stone/Ceramic Tile
  • Interior: Ceiling Fan(s), Crown Molding, Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom With Tub & Shower, Storage, Walk-In Closet(s), Living Room, Dining Room, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Off Street, Driveway, Paved

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Saltonstall School, Public District Grades KG-8
  • Collins Middle School, Public District Grades 6-8
  • Nathaniel Bowditch, Public District Grades KG-8
  • Horace Mann Laboratory, Public District Grades KG-5
  • Carlton, Public District Grades KG-5
  • Witchcraft Heights, Public District Grades KG-5

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $910,888
  • Price Per SqFt: $457/SqFt

Tax Information:

  • Annual Amount: $6,440
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, MA.

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Salem, MA

City

Med. Sold Price

$595.7K

Med. Price/SqFt

$383

Avg. Days On Market

26

# of Sold Homes

29

12 Cabot St vs Salem

1 DAY ON ROCKET

-25 Days

$910,888

+$315.1K More

$457/SqFt

+$74 More

KEY TAKEAWAY

This property is $315.1K more than the Median Sold Price and $74/SqFt more than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73308499

Listing Office:

  • Office Name: Arrow Realty Group, Inc.
  • Office Phone: (508) 676-7600
  • Listing Agent: Marguerite Cashman

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 17, 1989Home Sold
$189,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,440$466,700
2020$6,068$419,900
2019$6,022$398,800
2018$5,555$361,200
2017$5,159$325,300

History based on county public records data.

Payment Calculator

$4,614

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,797

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-878464
4
/10

  • Horace Mann Laboratory

  • 33 Loring Ave

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-878465
3
/10

  • Carlton

  • 10 Skerry St

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-878466
1
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 1.30 miles

  • Public District Grades KG-5

Middle School

school-card-donut-878467
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.18 miles

  • Public District Grades KG-8

school-card-donut-878468
3
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.51 miles

  • Public District Grades 6-8

school-card-donut-878469
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 0.83 miles

  • Public District Grades KG-8

High School

school-card-donut-878470
3
/10

  • Salem High School

  • 77 Willson St

  • 0.99 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,850. The most common annual income of people living in Salem, MA is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Salem›01970›12 Cabot St

This home is located at 12 Cabot St in Salem, MA and zip code 01970. This 1,994 square foot home, which was built in 1885, sits on a 0.10 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $910,888.

Over 13 listings were sold over their listed price in September 2024 in Salem, MA. In the same period over 11 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Salem, MA between August 2024 and September 2024 increased by 8.9%. In September 2024 median list price was $595,750 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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