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Rockingham
16 Merrill Avenue
Listed by: Joshua Frappier, Cameron Prestige, LLC, Selling Office: Connie Doto Realty Group, Listing Courtesy of Prime MLS
$265,000
● House - Off Market

16 Merrill Avenue

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
876 Ft²
$390,938
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Absolutely charming home perfect for starters and downsizers! This 2 bedroom, 1 bath ranch is the right size for simple living yet comes with a large back deck that's perfect for entertaining or enjoying the surrounding woodlands! You'll truly enjoy the lovely kitchen and dining area as well as the comfy living room with convenient front entry. Central AC will become your best friend this summer! Location is convenient to all shopping and highways! Come check it out before it's gone! First showings this Saturday and Sunday. All offers will be reviewed Tuesday 3/26 at 5PM.
Unit Size
876 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$303
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1945

Payment Calculator (Computations Provided by RealtyHop)

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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 #4741439)

Price History

Date / Event Date Event Price
Oct 21, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by Cameron Prestige, LLC $367,916
Listed by Cameron Prestige, LLC
May 23, 2019 Sold
Premium
Sold
Mar 21, 2019 Listed by Cameron Prestige, LLC $265,000
Listed by Cameron Prestige, LLC
Apr 29, 2016 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 876
  • Gross Building Area: 2,048
  • Building Area: 876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 876
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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:83 B:2234 L:
  • Block: 2234
  • Municipality: SALEM
  • Latitude: 42.7883
  • Longitude: -71.2093

    Address

  • Full Address: 16 Merrill Ave
  • Address - House Number: 16
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Salem
  • Carrier Code: C014
  • 4-Digit Zip Code: 2733
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $609,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 459,557
  • High Value: 547,205
  • Low Value: 371,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,100
  • Assessed Land Value: $144,900
  • Assessed Improvements Value: $214,200

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21066573
  • Previous Sale Recording Date: May 23, 2019
  • Previous Sale Contract Date: May 22, 2019
  • Previous Sale Amount: $265,000
  • 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:

$629,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3042 ft²

Average Home Age

48.3 years

Currently For Sale

783 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 18 Artisan, Salem, 03079

$5,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,166 ft²
18 Artisan #UNIT207, Salem, 03079 Listing by Sterling Seymour

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Joshua Frappier, Cameron Prestige, LLC
Last Updated Date: 2019-05-22
Last Checked: 7 hours ago
Data Source: Prime MLS, MLS# 4741439
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 Merrill Avenue built and last sold?
The property at 16 Merrill Avenue was built in 1945 and last sold on Oct 21, 2021 for $368,000.
How much is this home worth?
The estimated value of the home located at 16 Merrill Avenue is $361,843.
What are some comparable homes to 16 Merrill Avenue?
There are currently no comparable homes to 16 Merrill Avenue.
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