Rockingham
116 Shadow Lake Road
Listed by: Paula Martin Group, Keller Williams Realty Metro-Londonderry, Selling Office: American Eagle Realty, Listing Courtesy of Prime MLS
$299,900
●
House -
Off Market
116 Shadow Lake Road
Salem, NH 03079
2 Beds
1 Bath
1,034 Ft²
$401,024
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Looking for a quaint, year-round cottage overlooking the water?
We have just what you have been waiting for! This
charming property enjoys unobstructed views of beautiful
Shadow Lake. Yet has all the conveniences of an intown location.
You will fall in love with the charm and character of spacious
family room with cathedral ceiling and exposed beams. The kitchen
and bath have been attractively updated and there are 2 good-sized
bedrooms and a loft for extra space! Well maintained, this
cutie pie boasts a new septic system, newer roof, furnace and
features 2 garages.
Unit Size
1,034 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$290
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1950
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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: 3 years ago (Prime MLS #4830143)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by Keller Williams Realty Metro-Londonderry | $299,900 | |
| Listed by Keller Williams Realty Metro-Londonderry | |||
| May 1, 2019 | No longer available | - | |
| No longer available | |||
| Apr 25, 2019 | Listed | $249,000 | |
| Listed | |||
| | |||
|
Looking for a quaint, year-round cottage overlooking the water? We have just what you have been waiting for! This charming property is nicely perched, overlooking beautiful Shadow Lake with unobstructed views of the water. Pride of ownership shows throughout. The kitchen and bath have been attractively updated, there are 2 good-sized bedrooms, a loft for extra space plus a spacious family room with soaring cathedral ceilings. The new owner will appreciate how clean and well maintained this home is with a newer roof and furnace. This fantastic property also includes 2 garages, 1 free standing & 1 under! The manager has listed the unit size as 1034 square feet.
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Rockingham
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Listed by: Paula Martin Group, Keller Williams Realty Metro-Londonderry
Last Updated Date: 2020-10-29
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4830143
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.
Last Updated Date: 2020-10-29
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4830143
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