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16 Nichol St

Salem, NY 12865

3 bd 2 ba 1,632 sqft Built 1900 Lot 15,682 sqft single_family
Most recent sale
$148,400
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $148,400 MLS #202221350
Jun 29, 2022 Listed $149,000 MLS #202221350
Oct 29, 1998 Sold $79,000 Public Record
Oct 20, 1998 Sold $79,000 GlobalMLS
Jul 22, 1994 Sold $79,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $99,900 $24,100 $124,000 $3,741
2024 $99,900 $24,100 $124,000 $3,393
2023 $99,900 $24,100 $124,000 $3,269
2022 $68,100 $4,000 $72,100 $3,420
2021 $68,100 $4,000 $72,100 $3,696
2020 $68,100 $4,000 $72,100 $5,023
2019 $68,100 $4,000 $72,100 $4,974
2018 $68,100 $4,000 $72,100 $4,949
2017 $68,100 $4,000 $72,100 $3,145
2016 $68,100 $4,000 $72,100 $3,179
2015 $68,100 $4,000 $72,100 $3,535
2014 $68,100 $4,000 $72,100 $3,520
2013 $68,100 $4,000 $72,100 $3,695
2012 $68,100 $4,000 $72,100 $3,222
2011 $68,100 $4,000 $72,100 $3,255
2010 $68,100 $4,000 $72,100 $3,068
2009 $68,100 $4,000 $72,100 $1,225

Property facts

Year built
1900
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,632 sqft
Lot size
15,682 sqft
ZIP code
12865
City
Salem
Street
Nichol St
Coordinates
43.17031, -73.32884

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$890
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16 Nichol St last sell?
16 Nichol St most recently sold on Sep 23, 2022 for $148,400.
What is the current tax assessment for 16 Nichol St?
The most recent total assessment for 16 Nichol St (year 2025) is $124,000 with $3,741 in property tax.
How does 16 Nichol St's assessment compare to its last sale price?
The current assessment is 16.4% below the last sale price of $148,400.
When was 16 Nichol St built?
16 Nichol St was built in 1900.
How does 16 Nichol St compare to others on Nichol St?
We track 8 other properties on Nichol St. Browse the list under "Other properties on Nichol St" to compare beds, baths, and sale history.
What are the property facts for 16 Nichol St?
16 Nichol St is a 3 bed, 2 bath, 1,632 sqft, 15,682 sqft lot single_family.
Is 16 Nichol St a flip candidate?
No — 16 Nichol St does not appear in our flips dataset.
Is 16 Nichol St a tax-appeal candidate?
No — 16 Nichol 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
-5.6%
Implied 1-yr
-22.5%
2026 Q1
$141.1K
2026 Q2
$128.6K
ZIP 12865 — Median Price History + Forecast

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