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Rockingham
122 Shore Dr
$230,000
● House - Off Market

122 Shore Dr

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,229 Ft²
$404,660
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Beautifully updated three bedroom Colonial with views of Arlington pond. List of recent updates include: heating system, drilled well, roof, windows, flooring, kitchen cabinets and appliances. Freshly painted inside and out. New deck overlooking a large level fenced yard great for entertaining.
Unit Size
1,229 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$191
Property Type
House
Property Taxes
$336
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: 4 months ago (MLSPIN #71964479)

Price History

Date / Event Date Event Price
May 6, 2019 Sold
Premium
Sold
Apr 8, 2016 Sold
Premium
Sold
Feb 29, 2016 Listed by Coco, Early & Associates $234,900
Listed by Coco, Early & Associates

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,229
  • Gross Building Area: 2,255
  • Building Area: 1,229
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,229
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • 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:5157 L:
  • Block: 5157
  • Municipality: SALEM
  • Latitude: 42.8275
  • Longitude: -71.2198

    Address

  • Full Address: 122 Shore Dr
  • Address - House Number: 122
  • 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: $545,400

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 462,809
  • High Value: 545,281
  • Low Value: 380,337

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,600
  • Assessed Land Value: $143,900
  • Assessed Improvements Value: $177,700

    Sales

  • Current Sale Contract Date: May 02, 2019
  • Current Sale Recording Date: May 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19015444
  • Previous Sale Recording Date: Apr 08, 2016
  • Previous Sale Amount: $230,000
  • 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

2901 ft²

Average Home Age

49.5 years

Currently For Sale

1048 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# 71964479

Frequently Asked Questions

When was property at 122 Shore Drive built and last sold?
The property at 122 Shore Drive was built in 1958 and last sold on May 2, 2019 for $290,000.
How much is this home worth?
The estimated value of the home located at 122 Shore Drive is $242,396.
What are some comparable homes to 122 Shore Drive?
There are currently no comparable homes to 122 Shore Drive.
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