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Rockingham
18 Franklin Street
Listed by: Stephanie Jones, BHHS Verani Realty Andover, Selling Office: Keller Williams Gateway Realty/Salem, Listing Courtesy of Prime MLS
$256,000
● House - Off Market

18 Franklin Street

Salem, NH 03079
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,382 Ft²
$407,618
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

NEW FURNACE INSTALLED 10/2016.  Opportunity knocks!!! This sun drenched home offers a great floorplan with room for you to add your touches.  Location is prime for the buyer who would like to walk to Lancaster school or simply enjoy the convenient location to shopping, restaurants, and highway access.    Full fenced in back yard.  Oversized lot for potential expansion/garage.   Plenty of room for the entire family to enjoy or for the buyer looking for smart investment.   Shady deck allows for those outdoor days that are coming soon!   A must see - wont last!!
Unit Size
1,382 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$181
Property Type
House
Property Taxes
$363
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
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 #4618762)

Price History

Date / Event Date Event Price
Apr 14, 2017 Sold
Premium
Sold
Feb 21, 2017 Listed by BHHS Verani Realty Andover $250,000
Listed by BHHS Verani Realty Andover

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,382
  • Gross Building Area: 2,416
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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:81 B:3044 L:
  • Block: 3044
  • Municipality: SALEM
  • Latitude: 42.7886
  • Longitude: -71.2298

    Address

  • Full Address: 18 Franklin St
  • Address - House Number: 18
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: NH
  • City Name: Salem
  • Carrier Code: C014
  • 4-Digit Zip Code: 2532
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $586,300

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 480,455
  • High Value: 555,010
  • Low Value: 405,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,700
  • Assessed Land Value: $144,600
  • Assessed Improvements Value: $201,100

    Sales

  • Current Sale Recording Date: Apr 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14999
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

3046 ft²

Average Home Age

48.6 years

Currently For Sale

774 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: Stephanie Jones, BHHS Verani Realty Andover
Last Updated Date: 2017-04-19
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4618762
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 18 Franklin Street built and last sold?
The property at 18 Franklin Street was built in 1945 and last sold on Jan 1, 1970 for $256,000.
How much is this home worth?
The estimated value of the home located at 18 Franklin Street is $0.
What are some comparable homes to 18 Franklin Street?
There are currently no comparable homes to 18 Franklin Street.
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