Housing

This Is the Oldest House You Can Buy in America

kenlund / Flickr

Homes that are 200 years older or more are not uncommon, particularly in the areas around the 13 original states. Some homes in New England were built in the 1700s. It is rare to find any much older.

Realtor.com looked at all its current listings and found the oldest house for sale now. It was built in 1690. The house sits near the water on Gloucester Harbor at 1 Old Salem Rd., Gloucester, Massachusetts. The house is priced at $699,000.

The house at 1 Old Salem Rd. has three bedrooms and two bathrooms. It covers 2,752 square feet and sits on a very small 8,840 square foot lot.

Among the highlights of the listing:

Sections of the house on a corner lot date between 1650 and 1690 and include King’s Timber floor boards, a carved of the house with its thatched roof and a Parson’s cabinet over one of the 4 fireplaces. The 21st Century is well-represented, too, with the addition of a modern kitchen, updated bath, central air, mud room & first floor laundry.- Beautiful formal living & dining rooms, plus a study/home office.

The house is separated from the water by Stage Fort Park. Gloucester is northeast of Boston.

According to the U.S. Census Bureau, as of July 1, 2019, Gloucester had a population of 30,430. Almost 92% of the residents are white. The median household income at $72,574 is well above the national average. The poverty rate, at 10%, is slightly below the national figure.

Realtor.com calculates that the monthly payment to own the house after a 20% down payment of $139,800 on a 30-year fixed mortgage carrying a 3.161% interest rate will be $3,194, of which $2,406 will be principal and interest.

Click here to see which cities have the oldest homes.

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.