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Rockingham
14 Shadow Lake Rd
$207,900
● House - Off Market

14 Shadow Lake Rd

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
896 Ft²
$1,297
Est. Monthly
11.68%
Cap Rate

About This Property

Perfect for 1st-timers or empty-nesters! This adorable ranch is on a private lot-just a few minutes to Rte. 93. Vinyl siding, new leach field, newer heat and HW floors are just a few of its features.  A finished lower level for extra living space and a great lot round out the package. A little polish and this gem will shine!
Unit Size
896 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$232
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1968

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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: 2 years ago (MLSPIN #71030540)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Premium
Sold
Aug 2, 2020 Listed $259,000
Listed
Dec 15, 2017 Sold
Premium
Sold
Feb 9, 2010 Listed $207,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 864
  • Gross Building Area: 2,010
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 864
  • 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: 100100

Zoning

  • Zoning: RUR

Geography

  • Parcel: SLEM M:45 B:3537 L:
  • Block: 3537
  • Municipality: SALEM
  • Latitude: 42.8077
  • Longitude: -71.244

    Address

  • Full Address: 14 Shadow Lake Rd
  • Address - House Number: 14
  • Address - Street Name: Shadow Lake
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: R008
  • 4-Digit Zip Code: 1413
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $525,600

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 437,926
  • High Value: 510,615
  • Low Value: 365,237

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,900
  • Assessed Land Value: $137,100
  • Assessed Improvements Value: $172,800

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20047456
  • Previous Sale Recording Date: Dec 15, 2017
  • Previous Sale Amount: $200,000
  • 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

2907 ft²

Average Home Age

49.5 years

Currently For Sale

1049 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 48 Mary Ann, Salem, 03079

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 3,016 ft²
48 Mary Ann, Salem, 03079 Listing by Lisa Marie Engle

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71030540

Frequently Asked Questions

When was property at 14 Shadow Lake Road built and last sold?
The property at 14 Shadow Lake Road was built in 1968 and last sold on Sep 8, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 14 Shadow Lake Road is $0.
What are some comparable homes to 14 Shadow Lake Road?
There are currently no comparable homes to 14 Shadow Lake Road.
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