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Rockingham
144 Shadow Lake Rd
$325,000
● House - Off Market

144 Shadow Lake Rd

Salem, NH 03079
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,352 Ft²
$581,935
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Meticulously maintained 8 room, 3 bedroom, 2 bath home looking for a new owner. The huge family room with bay window, and partial lake views offers a great place for large gatherings.  Two staircases to 2nd flr. one traditional and one hardwood spiral. Master bedroom w/walk-in closet, master bath and adjacent office space.  The private back yard is perfect for all of your summer outdoor activities.  A total of 3 garage spaces, one of which is great for prized vehicle storage, that perfect man cave or work shop.   Newer high efficiency boiler, roof, water softener and other recent updates. This home is located 1 mile from Routes 111 & 28 and 2 miles from 93, making it a great commuter location.
Unit Size
2,352 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$138
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #71825423)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Apr 28, 2015 Listed by Connie Doto Realty Group $324,900
Listed by Connie Doto Realty Group

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,227
  • Gross Building Area: 4,568
  • Building Area: 2,227
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,227
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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:32 B:4704 L:
  • Block: 4704
  • Municipality: SALEM
  • Latitude: 42.8226
  • Longitude: -71.235

    Address

  • Full Address: 144 Shadow Lake Rd
  • Address - House Number: 144
  • Address - Street Name: Shadow Lake
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: R008
  • 4-Digit Zip Code: 1438
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $788,300

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 636,007
  • High Value: 724,356
  • Low Value: 547,658

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,800
  • Assessed Land Value: $134,700
  • Assessed Improvements Value: $330,100

    Sales

  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current 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

2908 ft²

Average Home Age

49.6 years

Currently For Sale

1027 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 384 Main, Salem, 03079

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 994 ft²
384 Main #207, Salem, 03079 Listing by Vickie Wilcox

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71825423

Frequently Asked Questions

When was property at 144 Shadow Lake Road built and last sold?
The property at 144 Shadow Lake Road was built in 1988 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 144 Shadow Lake Road is $344,794.
What are some comparable homes to 144 Shadow Lake Road?
There are currently no comparable homes to 144 Shadow Lake Road.
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