8 days on rocket

48-50 Cable Ave, Salisbury, MA, 01950

$560,000

0.27 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontBeach, Ocean Front
MLS #73318639
Lot Size0.27 Acres
StatusActive

About 48-50 Cable Ave

Rare & Prime Beach Commercial zoned land opportunity in rapidly developing Salisbury Beach. Opportunity awaits for the savvy investor/developer to build just seconds from the beach. Marsh views and water views at elevated heights. Land consists of two separatee parcels. 48 Cable consists of 8,319+/- sqft of vacant land and 50 Cable Ave. consists of 3,310+/- Sqft with two separate rental dwellings collecting rent of $2,050 per month. Possibility to build single family and two unit town homes. BUYER TO VERIFY USE AND CONDUCT DUE DILLIGENCE.

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (617) 206-3333
  • Listing Agent: Delince Louis

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front

Lot Features

Lot Information:

  • Lot: Flood Plain, Level
  • Lot Size: 0.27 Acres

Other

Directions Information:

  • Directions: Prime Development Area-Beach Road to Cable Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $560,000
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Housing Market Comparison

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

Med. Sold Price

$637.5K

Med. Price/SqFt

$374

Avg. Days On Market

40

# of Sold Homes

8

48-50 Cable Ave vs Salisbury

8 DAYS ON ROCKET

-32 Days

$560,000

-$77.5K Less

KEY TAKEAWAY

This property is $77.5K less than the Median Sold Price in Salisbury, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73318639

Listing Office:

  • Office Name: Compass
  • Office Phone: (617) 206-3333
  • Listing Agent: Delince Louis

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: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,862

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,745

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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.

Nearby Schools

school-card-donut-4332122
4
/10
  • Salisbury Elementary

  • 100 Lafayette Rd

  • 2.86 miles

  • Public District Grades PK-6

school-card-donut-4332123
4
/10
  • Seabrook Elementary School

  • 256 Walton Rd

  • 3.54 miles

  • Public District Grades PK-4

school-card-donut-4332124
6
/10
  • Edward G. Molin Elementary School

  • 70 Low St

  • 3.98 miles

  • Public District Grades 4-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,205. The most common annual income of people living in Salisbury, MA is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48-50 Cable Ave

What is the listing price of this property?

The listing price of 48-50 Cable Ave property is $560,000.

What type of property is this?

The property 48-50 Cable Ave is land located in Salisbury, Massachusetts, 01950.

Is this property for sale now?

Active Listing: 48-50 Cable Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 48-50 Cable Ave is 0.27 acres.
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Rocket HomesMassachusettsEssex CountySalisbury0195048-50 Cable Ave

This home is located at 48-50 Cable Ave in Salisbury, MA and zip code 01950. This home sits on a 0.27 acre lot. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $560,000.

While more than 3 listings in Salisbury, MA in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. The number of listings in Salisbury, MA decreased by 22% between October 2024 and November 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $637,500.

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

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