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Rockingham
16 Cortland Drive
Listed by: Justina Alfano, Royal Country Homes Inc., Selling Office: KW Coastal and Lakes & Mountains Realty/N Conway, Listing Courtesy of Prime MLS
$512,000
● House - Off Market

16 Cortland Drive

Salem, NH 03079
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,205 Ft²
$790,772
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

This meticulously cared for home is one of a kind and has a great layout for everyday living as well as entertaining. Gather around your large kitchen island, spend time in your spacious living room or relax in your three season sunroom. The sunroom and deck overlook the spectacular backyard, which is your own private oasis. The second floor has a lovely master suite with a large private balcony, two additional bedrooms and a full bath. The finished lower level is a true entertainment space, and also includes a laundry room and work room. Located close to highways, shopping and restaurants, this home is the perfect balance between privacy and convenience and is a must see! First showings begin at the Open House, Thursday 8/1 from 5:00-7:00pm!
Unit Size
3,205 Ft²
Days on Market
-
Land Size
1.76 acres
Price per sqft
$168
Property Type
House
Property Taxes
$740
HOA Dues
-
Year Built
1984

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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: 3 years ago (Prime MLS #4767698)

Price History

Date / Event Date Event Price
Oct 18, 2019 Sold
Premium
Sold
Jul 29, 2019 Listed by Royal Country Homes Inc. $539,900
Listed by Royal Country Homes Inc.
Aug 30, 1996 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 11
  • 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: 1,274
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,666
  • Total Building Area: 2,214
  • Gross Building Area: 5,368
  • Building Area: 2,214
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,214
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001760
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100302

Zoning

  • Zoning: RUR

Geography

  • Parcel: SLEM M:140 B:9415 L:
  • Block: 9415
  • Municipality: SALEM
  • Latitude: 42.7513
  • Longitude: -71.2389

    Address

  • Full Address: 16 Cortland Dr
  • Address - House Number: 16
  • Address - Street Name: Cortland
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R001
  • 4-Digit Zip Code: 4006
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,008,100

    Appraisal Valuation

  • Standard Deviation: 0.1453
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 779,559
  • High Value: 892,851
  • Low Value: 666,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $594,400
  • Assessed Land Value: $215,200
  • Assessed Improvements Value: $379,200

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19043280
  • Previous Sale Recording Date: Aug 30, 1996
  • Previous Sale Amount: $203,500
  • 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

2897 ft²

Average Home Age

49.3 years

Currently For Sale

1046 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: Justina Alfano, Royal Country Homes Inc.
Last Updated Date: 2019-10-18
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4767698
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 16 Cortland Drive built and last sold?
The property at 16 Cortland Drive was built in 1984 and last sold on Oct 18, 2019 for $512,000.
How much is this home worth?
The estimated value of the home located at 16 Cortland Drive is $0.
What are some comparable homes to 16 Cortland Drive?
There are currently no comparable homes to 16 Cortland Drive.
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