Owner
$880,555
79 BRIDGE ST, SALEM, MA
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
5
baths
4
sq. ft.
2,855
property type
Apartments (generic)
hoa
No
About
Residential
Good Condition
Living Area
2 Stories
Unfinished Basement
Hot Water
Frame
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1850
Building Size
2,855 sq ft
Lot Size
3,502 sq ft
Lot Size (Acres)
0.08 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
SALE M:36 L:0359
County
Essex County, Massachusetts
Metro Area
Boston-Cambridge-Newton, MA-NH
Zoning
B1
Neighborhood/Subdivision
NORWOOD AVE
Lot Number
359
School District
Salem School District
Legal Description
—
Tax & Value Information
Market Value (Total)
$0
Building Value
$0
Land Value
$0
Annual Property Tax
$12,545
Tax Assessment Year
2026
Assessed Value
$1,048,400
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
4/30/2025
Recording Date
4/30/2025
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$34,073
Return on Investment
15.60%
After Repair Value
$968,611
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$792,500
Renovation Cost
$44,028
Closing Costs (buying)
$15,850
Holding Costs
$24,044
Selling Costs
$58,117
Total Investment
$218,378
After Repair Value (ARV)
$968,611
Total Costs
$934,538
Estimated Profit
$34,073
Cash Invested
$202,528
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area