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Rockingham
103 Shadow Lake Road
Listed by: Jim Harvey, Keller Williams Realty-Metropolitan, Selling Office: Keller Williams Realty-Metropolitan, Listing Courtesy of Prime MLS
$410,000
● House - Off Market

103 Shadow Lake Road

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
985 Ft²
$400,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome to Salem's Shadow Lake. This Spicket River fed fresh water lake provides a wonderful setting for this lakefront home. Enjoy your own dock, beach area, composite constructed deck for outside dining and entertaining, garden area and one of kind views. Convenient access to Salem's rail trail,  I 93, Rockingham Mall and Tuscan Village. This 2 bedroom, 1 bath camp conversion features 125 ft of street front and 134 ft of water frontage. The updated kitchen/dining area and full bath make this home move in ready.  Home is generator ready, with a Rinnai tankless hot water system and Renai forced hot air heater for the home. Open house Sunday 9/24/2023 11 AM to 1 PM.
Unit Size
985 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$406
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (Prime MLS #4969961)

Price History

Date / Event Date Event Price
Nov 7, 2023 Sold
Premium
Sold
Sep 14, 2023 Listed by Keller Williams Realty-Metropolitan $400,000
Listed by Keller Williams Realty-Metropolitan
Jul 31, 1998 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 985
  • Gross Building Area: 2,100
  • Building Area: 985
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 985
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • Standard Land Use Code: 1000
  • County Land Use Code: 107

Neighborhood

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

Zoning

  • Zoning: REC

Geography

  • Parcel: SLEM M:32 B:4685 L:
  • Block: 4685
  • Municipality: SALEM
  • Latitude: 42.8192
  • Longitude: -71.2376

    Address

  • Full Address: 103 Shadow Lake Rd
  • Address - House Number: 103
  • Address - Street Name: Shadow Lake
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: R008
  • 4-Digit Zip Code: 1426
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,500

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 379,653
  • High Value: 442,796
  • Low Value: 316,509

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,000
  • Assessed Land Value: $181,400
  • Assessed Improvements Value: $73,600

    Sales

  • Current Sale Contract Date: Nov 06, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23033684
  • Previous Sale Recording Date: Jul 31, 1998
  • Previous Sale Amount: $90,000
  • 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:

$629,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3109 ft²

Average Home Age

47.9 years

Currently For Sale

772 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

Rentals Near You

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Prime

Listed by: Jim Harvey, Keller Williams Realty-Metropolitan
Last Updated Date: 2023-11-07
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4969961
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 103 Shadow Lake Road built and last sold?
The property at 103 Shadow Lake Road was built in 1950 and last sold on Nov 6, 2023 for $410,000.
How much is this home worth?
The estimated value of the home located at 103 Shadow Lake Road is $0.
What are some comparable homes to 103 Shadow Lake Road?
There are currently no comparable homes to 103 Shadow Lake Road.
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