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Rockingham
10 Cove Road
$230,000
● House - Off Market

10 Cove Road

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
904 Ft²
$380,496
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

A Must See! Cozy contemporary, 2 bedroom house close to Arlington Pond! Recently updated throughout. Hardwood floors on entire first floor! Cathedral ceilings, recessed lighting, and ceiling fans. Kitchen has refinished cabinets, granite counters and stainless steel appliances. Living room has recessed lighting and slider to back deck and private backyard. Full bathroom on 1st floor with ceramic tile and granite vanity. Natural woodwork staircase brings you up to the loft room on the 2nd floor and the master bedroom and second bedroom with cathedral ceilings, pine flooring and skylights! Quick closing possible.
Unit Size
904 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$276
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72250837)

Price History

Date / Event Date Event Price
Oct 4, 2019 Sold
Premium
Sold
Aug 25, 2019 Listed by RE/MAX Properties - Pelham $284,900
Listed by RE/MAX Properties - Pelham
Jun 4, 2018 Sold
Premium
Sold
Nov 2, 2017 Listed by RE/MAX Properties - Pelham $249,900
Listed by RE/MAX Properties - Pelham
Oct 30, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 276
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 904
  • Gross Building Area: 1,844
  • Building Area: 904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 904
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100100

Zoning

  • Zoning: REC

Geography

  • Parcel: SLEM M:40 B:5361 L:
  • Block: 5361
  • Municipality: SALEM
  • Latitude: 42.8155
  • Longitude: -71.2052

    Address

  • Full Address: 10 Cove Rd
  • Address - House Number: 10
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: R002
  • 4-Digit Zip Code: 1609
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,300

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 430,490
  • High Value: 501,945
  • Low Value: 359,036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,300
  • Assessed Land Value: $135,500
  • Assessed Improvements Value: $151,800

    Sales

  • Current Sale Contract Date: Oct 04, 2019
  • Current Sale Recording Date: Oct 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19041027
  • Previous Sale Recording Date: Jun 04, 2018
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rockingham

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2908 ft²

Average Home Age

49.6 years

Currently For Sale

1027 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 40 Mary Ann, Salem, 03079

$6,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,192 ft²
40 Mary Ann, Salem, 03079 Listing by Paul Redmond
Unit for rent at 387 Main, Salem, 03079

$2,400 /mo

  • 1 Bed
  • 1,000 ft²
387 Main #1, Salem, 03079 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72250837

Frequently Asked Questions

When was property at 10 Cove Road built and last sold?
The property at 10 Cove Road was built in 1959 and last sold on Oct 4, 2019 for $294,000.
How much is this home worth?
The estimated value of the home located at 10 Cove Road is $286,627.
What are some comparable homes to 10 Cove Road?
There are currently no comparable homes to 10 Cove Road.
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