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Rockingham
157 Pelham Road
Listed by: Kathryn Orso, New Homes Real Estate LLC, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$879,900
● House - Off Market

157 Pelham Road

Salem, NH 03079
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,617 Ft²
$909,740
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Stunning craftsman style home thoughtfully designed and built by DHB Homes, LLC. Seller agent related to Sellers.
Unit Size
2,617 Ft²
Days on Market
-
Land Size
1.48 acres
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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 #4925008)

Price History

Date / Event Date Event Price
Sep 22, 2022 Sold
Premium
Sold
Aug 10, 2022 Listed by New Homes Real Estate LLC $879,900
Listed by New Homes Real Estate LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,435
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 84,506
  • Total Building Area: 2,838
  • Gross Building Area: 5,563
  • Building Area: 2,838
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,838
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001940
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100301

Zoning

  • Zoning: RUR

Geography

  • Parcel: SLEM M:112 B:11838 L:
  • Block: 11838
  • Municipality: SALEM
  • Latitude: 42.7646
  • Longitude: -71.2753

    Address

  • Full Address: 157a Pelham Rd
  • Address - House Number: 157a
  • Address - Street Name: Pelham
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: R004
  • 4-Digit Zip Code: 2855
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,154,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1453
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 775,377
  • High Value: 888,061
  • Low Value: 662,692

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $680,940
  • Assessed Land Value: $192,140
  • Assessed Improvements Value: $488,800

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22040920
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

$250

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2899 ft²

Average Home Age

49.3 years

Currently For Sale

1014 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: Kathryn Orso, New Homes Real Estate LLC
Last Updated Date: 2022-08-11
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4925008
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 157 Pelham Road built and last sold?
The property at 157 Pelham Road was built in 2021 and last sold on Sep 22, 2022 for $869,933.
How much is this home worth?
The estimated value of the home located at 157 Pelham Road is $0.
What are some comparable homes to 157 Pelham Road?
There are currently no comparable homes to 157 Pelham Road.
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