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Rockingham
12 Summer Street
$325,000
● House - Off Market

12 Summer Street

Salem, NH 03079
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,272 Ft²
$532,490
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Updated ranch consisting of 7 rooms, 3 bedrooms, 2- 3/4 baths with open concept living room and kitchen.  Kitchen offers hardwood,recessed lighting, glass back splash,upgraded cabinets, granite counter tops with seating for 6.  Living room features recessed lighting, a beautiful fireplace, laminate flooring and plenty of room for entertaining.  Large master bedroom with plenty of storage, crown, molding, recessed lighting and laminate flooring.  Vinyl siding,  newer windows, 2 car garage and large deck overlooking backyard.  Great commuter location.
Unit Size
2,272 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$154
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #72378065)

Price History

Date / Event Date Event Price
Dec 20, 2018 Sold
Premium
Sold
Aug 11, 2018 Listed by Coco, Early & Associates $350,000
Listed by Coco, Early & Associates
Mar 6, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 880
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,452
  • Gross Building Area: 3,200
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100200

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:81 B:2962 L:
  • Block: 2962
  • Municipality: SALEM
  • Latitude: 42.7899
  • Longitude: -71.229

    Address

  • Full Address: 12 Summer St
  • Address - House Number: 12
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: NH
  • City Name: Salem
  • Carrier Code: C014
  • 4-Digit Zip Code: 2552
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $651,400

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 533,130
  • High Value: 624,517
  • Low Value: 441,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,100
  • Assessed Land Value: $144,600
  • Assessed Improvements Value: $239,500

    Sales

  • Current Sale Contract Date: Oct 16, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18051629
  • Previous Sale Recording Date: Mar 06, 2018
  • Previous Sale Amount: $208,000
  • 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:

$628,250

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3109 ft²

Average Home Age

48 years

Currently For Sale

780 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 18 Artisan, Salem, 03079

$3,200 /mo

  • 1 Bed
  • 1 Bath
  • 857 ft²
18 Artisan, Salem, 03079 Listing by Amy Miller
Unit for rent at 12 Tiffany, Salem, 03079

$1,675 /mo

  • 1 Bed
  • 1 Bath
  • 780 ft²
12 Tiffany #3, Salem, 03079 Listing by Alanna Brush
Unit for rent at 14 Tiffany, Salem, 03079

$1,625 /mo

  • 1 Bed
  • 1 Bath
  • 777 ft²
14 Tiffany #2, Salem, 03079 Listing by Heather Colbert

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72378065

Frequently Asked Questions

When was property at 12 Summer Street built and last sold?
The property at 12 Summer Street was built in 1960 and last sold on Oct 16, 2018 for $325,000.
How much is this home worth?
The estimated value of the home located at 12 Summer Street is $365,979.
What are some comparable homes to 12 Summer Street?
There are currently no comparable homes to 12 Summer Street.
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