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401 Essex St

Salem, MA 01970

6 bd 6 ba 4,345 sqft Built 1817 Lot 5,123 sqft multi_family
Most recent sale
$1,150,000
Mar 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 2, 2022 Sold $1,150,000 MLS #72885832
Nov 12, 2021 Relisted $1,200,000 MLS #72885832
Sep 12, 2021 Listing removed $1,200,000 MLSPIN
Aug 25, 2021 Listed $1,200,000 MLS #72885832

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1817
Property type
multi_family
Stories
3
Beds
6
Baths
6
Living area
4,345 sqft
Lot size
5,123 sqft
ZIP code
01970
City
Salem
Street
Essex St
Coordinates
42.51815, -70.90470

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,601
Gross rental yield
13.15%
Implied cap rate
8.55%
Trend-extrapolated value

Frequently asked questions

When did 401 Essex St last sell?
401 Essex St most recently sold on Mar 2, 2022 for $1,150,000.
What is the current tax assessment for 401 Essex St?
No tax-assessment history is recorded for this parcel.
When was 401 Essex St built?
401 Essex St was built in 1817.
How does 401 Essex St compare to others on Essex St?
We track 8 other properties on Essex St. Browse the list under "Other properties on Essex St" to compare beds, baths, and sale history.
What are the property facts for 401 Essex St?
401 Essex St is a 6 bed, 6 bath, 4,345 sqft, 5,123 sqft lot multi_family.
Is 401 Essex St a flip candidate?
No — 401 Essex St does not appear in our flips dataset.
Is 401 Essex St a tax-appeal candidate?
No — 401 Essex St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$565.8K
2026 Q4
$565.7K
ZIP 01970 — Median Price History + Forecast

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