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Rockingham
125 Shore Drive
$426,000
● House - Off Market

125 Shore Drive

Salem, NH 03079
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,120 Ft²
$815,627
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

HIGHEST & BEST BY 12PM ON 5/19. NOT A SHORT SALE OR F/C! QUICK CLOSING! PRIVATE BEACH!! RAISED RANCH W/IN-LAW ON ARLINGTON POND!! Main level features 3 BR's & 1 Full Bath! LR has HW Floors, Brick Fireplace & Large Window w/Water Views! Office Area leads to 3 Spacious BR's! Kitchen has Dining Area & Skylights! Sun Room out to Back Deck/Patio Area w/Hot Tub & 2 Boat Docks! Lower Level In-Law features 1 Bedroom & 1 Full Bath! Living Room w/Stone Fireplace & Bright Kitchen!
Unit Size
3,120 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$121
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1950

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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 #71382121)

Price History

Date / Event Date Event Price
Aug 20, 2012 Sold
Premium
Sold
May 14, 2012 Listed by McGeough Lamacchia Realty, Inc $379,000
Listed by McGeough Lamacchia Realty, Inc
Aug 20, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,440
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,732
  • Gross Building Area: 4,928
  • Building Area: 1,732
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,732
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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:21 B:4952 L:
  • Block: 4952
  • Municipality: SALEM
  • Latitude: 42.8291
  • Longitude: -71.22

    Address

  • Full Address: 125 Shore Dr
  • Address - House Number: 125
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R002
  • 4-Digit Zip Code: 1603
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,190,400

    Appraisal Valuation

  • Standard Deviation: 0.1453
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 929,214
  • High Value: 1,064,256
  • Low Value: 794,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $701,900
  • Assessed Land Value: $402,300
  • Assessed Improvements Value: $299,600

    Sales

  • Current Sale Recording Date: Aug 20, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 20, 1999
  • Previous Sale Amount: $265,000
  • 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:

$629,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3029 ft²

Average Home Age

48.8 years

Currently For Sale

783 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# 71382121

Frequently Asked Questions

When was property at 125 Shore Drive built and last sold?
The property at 125 Shore Drive was built in 1950 and last sold on Jan 1, 1970 for $426,000.
How much is this home worth?
The estimated value of the home located at 125 Shore Drive is $410,059.
What are some comparable homes to 125 Shore Drive?
There are currently no comparable homes to 125 Shore Drive.
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