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Property profile

98 Lafayette St Salem, MA 01970

OFF-MARKET
Investment properties
Property ID
US38-1556852
17,150 SF 0.22 ac lot Built 1915
Last sale Jun 2004 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$1.80M
Assessed land$425k
Assessed improvement$1.38M

Value estimate

· Oct 2026
$2.55M
$2.29M – $2.80M
Submarket $/SF estimate$2.85M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$277/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$146 – $523
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B5
Applicability to Central Business (B5) Zoning District: For projects in the Central Business (B5) District, this Section 8.9 shall be app...
General categoryUNKNOWN
JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith10.0
Dry Cleaner9.1
Butcher8.7

Location

98 Lafayette St Salem, MA 01970-3625
County assessor Recorded deeds · 9 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Central, Salem, MA 01970-9102 $5,000,000 Mar 2025 17,623 SF
131 Essex, Salem, MA 01970-3775 $345,000 Jan 2025 11,943 SF
17 Salem, Salem, MA 01970-5013 $1,185,000 May 2024 8,550 SF
278-282 Derby, Salem, MA 01970 $8,475,000 Oct 2022 29,190 SF
50 Highland, Salem, MA 01970-2150 $287,000 May 2022 7,705 SF
47 Leavitt, Salem, MA 01970-4959 $385,000 Aug 2021 27,334 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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