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Rockingham
11 Shore Drive
$615,000
● House - Off Market

11 Shore Drive

Salem, NH 03079
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,328,019
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

STUNNING COLONIAL ON ARLINGTON POND W/ PRIVATE BEACH! Main Level has an Open Floorplan w/ Kitchen, LR, & DR all w/ shining HW Floors & Back Deck! Kitchen has Granite Countertops & Matching Appliances! 2nd Level has 4 Bedrooms, All Featuring Carpet & 2 Bedrooms have Exterior Balconies! Full Bath has Jacuzzi Tub! 3rd Floor Finish Potential! Lower Level has Separate Entrance w/ Family Room, Kitchen, Full Bath & Access to the Beach! Yard has Firepit, 2 Stationary Docks & Stunning Pond Views!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$205
Property Type
House
Property Taxes
$755
HOA Dues
-
Year Built
2006

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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 #71440214)

Price History

Date / Event Date Event Price
Mar 25, 2019 Sold
Premium
Sold
Mar 30, 2018 Listed by McGeough Lamacchia Realty, Inc $699,000
Listed by McGeough Lamacchia Realty, Inc
Nov 16, 2012 Sold
Premium
Sold
Sep 26, 2012 Listed by McGeough Lamacchia Realty, Inc $615,000
Listed by McGeough Lamacchia Realty, Inc

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 9
  • Basement Area: 1,175
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,375
  • Gross Building Area: 5,039
  • Building Area: 2,375
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,375
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:15 B:4792 L:
  • Block: 4792
  • Municipality: SALEM
  • Latitude: 42.8345
  • Longitude: -71.2252

    Address

  • Full Address: 11 Shore Dr
  • Address - House Number: 11
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R006
  • 4-Digit Zip Code: 1334
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,384,400

    Appraisal Valuation

  • Standard Deviation: 0.1453
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 1,078,138
  • High Value: 1,234,822
  • Low Value: 921,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $816,300
  • Assessed Land Value: $396,200
  • Assessed Improvements Value: $420,100

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: Mar 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19009859
  • Previous Sale Recording Date: Nov 16, 2012
  • Previous Sale Amount: $615,000
  • 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

2911 ft²

Average Home Age

49.2 years

Currently For Sale

1038 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 30 Stickney, Atkinson, 03811

$4,000 /mo

  • 2 Beds
  • 1 Bath
  • 2,045 ft²
30 Stickney, Atkinson, 03811

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71440214

Frequently Asked Questions

When was property at 11 Shore Drive built and last sold?
The property at 11 Shore Drive was built in 2006 and last sold on Mar 25, 2019 for $663,000.
How much is this home worth?
The estimated value of the home located at 11 Shore Drive is $720,596.
What are some comparable homes to 11 Shore Drive?
There are currently no comparable homes to 11 Shore Drive.
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