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Rockingham
14 Wells Ave
$167,900
● House - Off Market

14 Wells Ave

Salem, NH 03079
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,388 Ft²
$361,530
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Attractive Cape style home in beautiful condition w/all new Anderson windows, furnace, hot water tank, updated kitchen, gleaming hardwood floors and freshly painted inside and out. Easy to maintain yard that abutts town owned land is quite a bonus! This warm home comes with alot of charm and character thru-out and is in perfect move in condition. Fantastic find!
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$121
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #71350527)

Price History

Date / Event Date Event Price
Aug 29, 2023 Sold
Premium
Sold
May 25, 2023 Listed by Coco, Early & Associates $450,000
Listed by Coco, Early & Associates
Aug 10, 2018 Sold
Premium
Sold
Jun 29, 2012 Sold
Premium
Sold
Mar 9, 2012 Listed by Coco, Early & Associates $167,900
Listed by Coco, Early & Associates

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 660
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,124
  • Gross Building Area: 2,048
  • Building Area: 1,124
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • 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:67 B:2047 L:
  • Block: 2047
  • Municipality: SALEM
  • Latitude: 42.7974
  • Longitude: -71.1959

    Address

  • Full Address: 14 Wells Ave
  • Address - House Number: 14
  • Address - Street Name: Wells
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Salem
  • Carrier Code: R005
  • 4-Digit Zip Code: 1855
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $529,200

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 422,941
  • High Value: 495,732
  • Low Value: 350,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,000
  • Assessed Land Value: $107,700
  • Assessed Improvements Value: $204,300

    Sales

  • Current Sale Contract Date: Aug 29, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23025802
  • Previous Sale Recording Date: Aug 10, 2018
  • Previous Sale Amount: $245,000
  • 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:

$630,000

Sale Price/ft²

$254

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2929 ft²

Average Home Age

46.9 years

Currently For Sale

758 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 Elise, Londonderry, 03053

$4,300 /mo

  • 3 Beds
  • 1 Bath
  • 2,805 ft²
40 Elise, Londonderry, 03053 Listing by Roberta Fox
Unit for rent at 18 Westchester, Salem, 03079

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
18 Westchester, Salem, 03079 Listing by Nancy Dacey

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71350527

Frequently Asked Questions

When was property at 14 Wells Avenue built and last sold?
The property at 14 Wells Avenue was built in 1920 and last sold on Aug 29, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 14 Wells Avenue is $444,813.
What are some comparable homes to 14 Wells Avenue?
There are currently no comparable homes to 14 Wells Avenue.
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