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Rockingham
2 Princess Drive
$30,000
● Mobile Manufactured - Off Market

2 Princess Drive

Salem, NH 03079
bedrooms
1 Bed
bathrooms
1 Bath
square feet
784 Ft²
$64,485
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Great commuter location!  Close to major routes and lots of shopping.  Home features 1 bedroom, 1 full bath, cathedral ceilings throughout, ceiling fans, laminate flooring throughout, all appliances stay including washer/dryer, two built in air conditioners, large eat-in kitchen, lots of closets and storage.  Shed, 2 car parking.  Small dog is okay.
Unit Size
784 Ft²
Days on Market
-
Land Size
-
Price per sqft
$44
Property Type
Mobile Manufactured
Property Taxes
$62
HOA Dues
$390
Year Built
1986

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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 #71608141)

Price History

Date / Event Date Event Price
Jun 3, 2016 Sold
Premium
Sold
Apr 8, 2016 Listed by Salem Manufactured Homes, LLC $39,000
Listed by Salem Manufactured Homes, LLC
Jun 2, 2014 Sold
Premium
Sold
Nov 13, 2013 Listed by Salem Manufactured Homes, LLC $34,500
Listed by Salem Manufactured Homes, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 784
  • Gross Building Area: 1,620
  • Building Area: 784
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 784
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T

Neighborhood

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

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:126 B:4207 L:2
  • Block: 4207
  • Lot: 2
  • Municipality: SALEM
  • Latitude: 42.7623
  • Longitude: -71.228

    Address

  • Full Address: 2 Princess Dr
  • Address - House Number: 2
  • Address - Street Name: Princess
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: C012
  • 4-Digit Zip Code: 3749
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,100

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 95,285
  • High Value: 112,399
  • Low Value: 78,171

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,300
  • Assessed Improvements Value: $64,300

    Sales

  • Current Sale Recording Date: Jun 03, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22709
  • Previous Sale Recording Date: Jun 02, 2014
  • Previous Sale Amount: $30,000
  • 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:

$625,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2907 ft²

Average Home Age

49.5 years

Currently For Sale

1049 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

$5,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,166 ft²
18 Artisan #UNIT207, Salem, 03079 Listing by Sterling Seymour
Unit for rent at 14 Tiffany, Salem, 03079

$1,625 /mo

  • 1 Bed
  • 1 Bath
  • 777 ft²
14 Tiffany #2, Salem, 03079 Listing by Heather Colbert
Unit for rent at 11 Lancelot, Salem, 03079

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 676 ft²
11 Lancelot #7, Salem, 03079 Listing by Tina Lisa

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71608141

Frequently Asked Questions

When was property at 2 Princess Drive built and last sold?
The property at 2 Princess Drive was built in 1986 and last sold on Jan 1, 1970 for $36,533.
How much is this home worth?
The estimated value of the home located at 2 Princess Drive is $55,920.
What are some comparable homes to 2 Princess Drive?
There are currently no comparable homes to 2 Princess Drive.
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