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Rockingham
14 Spring Street
Listed by: Jennifer Castles, BISSON-CASTLES Realty Group,LLC, Selling Office: Keller Williams Realty-Metropolitan, Listing Courtesy of Prime MLS
$335,000
● House - Off Market

14 Spring Street

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,123 Ft²
$2,222
Est. Monthly
7.43%
Cap Rate

About This Property

Great Location...3 Bedroom New Englander situated close to all traffic routes, schools, shopping restaurants, and Tuscan Village. The home can use some updating but has been kept in good, living condition. Bring your ideas and your energy to make this home your GEM! Home features 3 bedrooms,1 full bath, hardwood floors, some carpeting, a large private back yard, and a shed. Home is in a neighborhood on a dead-end road.  Quick Closing Possible
Unit Size
1,123 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$334
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1912

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 years ago (Prime MLS #4975653)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Oct 26, 2023 Listed by BISSON-CASTLES Realty Group,LLC $374,900
Listed by BISSON-CASTLES Realty Group,LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 13,939
  • Total Building Area: 1,123
  • Gross Building Area: 2,128
  • Building Area: 1,123
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,123
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • 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:89 B:1195 L:
  • Block: 1195
  • Municipality: SALEM
  • Latitude: 42.7845
  • Longitude: -71.228

    Address

  • Full Address: 14 Spring St
  • Address - House Number: 14
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: NH
  • City Name: Salem
  • Carrier Code: C015
  • 4-Digit Zip Code: 2549
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 410,300
  • High Value: 492,064
  • Low Value: 328,537

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,300
  • Assessed Land Value: $151,000
  • Assessed Improvements Value: $133,300

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23038555
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

2911 ft²

Average Home Age

49.2 years

Currently For Sale

1038 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

Rentals Near You

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Prime

Listed by: Jennifer Castles, BISSON-CASTLES Realty Group,LLC
Last Updated Date: 2023-12-22
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4975653
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 14 Spring Street built and last sold?
The property at 14 Spring Street was built in 1912 and last sold on Dec 22, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 14 Spring Street is $0.
What are some comparable homes to 14 Spring Street?
There are currently no comparable homes to 14 Spring Street.
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