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Rockingham
120 Shore Dr
$246,900
● House - Off Market

120 Shore Dr

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,109 Ft²
$391,345
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Adorable bungalow with views of Arlington Pond, this home has been updated with new kitchen, new furnace, new flooring, new roof and water radon system.  Living Room boasts a heart warming pellet stove along with a view of the lake.  First floor bedroom and first floor laundry.  There is a three season sunroom leading out to the fenced back yard.  There is nothing here to do but move in.
Unit Size
1,109 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$214
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1958

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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 #72124463)

Price History

Date / Event Date Event Price
Apr 3, 2017 Sold
Premium
Sold
Mar 1, 2017 Listed by Berkshire Hathaway HomeServices Verani Realty $237,500
Listed by Berkshire Hathaway HomeServices Verani Realty
Jan 26, 2015 Sold
Premium
Sold
Nov 21, 2014 Listed by Berkshire Hathaway HomeServices Verani Realty $179,000
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 26
  • Exterior Walls Type: 18
  • 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: 12,632
  • Total Building Area: 1,109
  • Gross Building Area: 2,361
  • Building Area: 1,109
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,109
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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:27 B:5158 L:
  • Block: 5158
  • Municipality: SALEM
  • Latitude: 42.8278
  • Longitude: -71.2197

    Address

  • Full Address: 120 Shore Dr
  • Address - House Number: 120
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R002
  • 4-Digit Zip Code: 1614
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $422,500

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 404,739
  • High Value: 478,021
  • Low Value: 331,457

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,100
  • Assessed Land Value: $141,700
  • Assessed Improvements Value: $107,400

    Sales

  • Current Sale Recording Date: Apr 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13244
  • Previous Sale Recording Date: Jan 26, 2015
  • Previous Sale Amount: $174,000
  • 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

53

Average Home Size

3046 ft²

Average Home Age

48.5 years

Currently For Sale

1098 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: 5 months ago
Data Source: MLS PIN, MLS# 72124463

Frequently Asked Questions

When was property at 120 Shore Drive built and last sold?
The property at 120 Shore Drive was built in 1958 and last sold on Jan 1, 1970 for $246,933.
How much is this home worth?
The estimated value of the home located at 120 Shore Drive is $242,273.
What are some comparable homes to 120 Shore Drive?
There are currently no comparable homes to 120 Shore Drive.
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