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Rockingham
2 Pumping Station Rd
$227,000
● House - Off Market

2 Pumping Station Rd

Salem, NH 03079
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,586 Ft²
$445,086
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Conveniently located 3 Bedroom, 2 Bath Gambrel  with one-car GARAGE under.  Features include formal dining room, front-to-back living room with wood-burning FIREPLACE, and 3 good-sized bedrooms on the second floor.   Roof, heat and hot water new approx. 6 years ago; windows, siding, floors and appliances within past 10 years.   On corner lot, has a SECOND CIRCULAR DRIVEWAY near large SHED.  Great for your additional vehicles!  Great commuter location.  Make this home your own.
Unit Size
1,586 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$151
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1989

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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 #71663444)

Price History

Date / Event Date Event Price
Jul 10, 2014 Sold
Premium
Sold
Apr 20, 2014 Listed by RE/MAX Insight $239,900
Listed by RE/MAX Insight

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 480
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,586
  • Gross Building Area: 2,434
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • 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: RES

Geography

  • Parcel: SLEM M:63 B:3377 L:
  • Block: 3377
  • Municipality: SALEM
  • Latitude: 42.799
  • Longitude: -71.2412

    Address

  • Full Address: 2 Pumping Station Rd
  • Address - House Number: 2
  • Address - Street Name: Pumping Station
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: C001
  • 4-Digit Zip Code: 2028
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $643,300

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 536,988
  • High Value: 634,215
  • Low Value: 439,761

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,300
  • Assessed Land Value: $153,600
  • Assessed Improvements Value: $225,700

    Sales

  • Current Sale Recording Date: Jul 10, 2014
  • Current Sale Price:
    Premium
  • Current 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 40 Mary Ann, Salem, 03079

$6,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,192 ft²
40 Mary Ann, Salem, 03079 Listing by Paul Redmond

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71663444

Frequently Asked Questions

When was property at 2 Pumping Station Road built and last sold?
The property at 2 Pumping Station Road was built in 1989 and last sold on Jan 1, 1970 for $227,000.
How much is this home worth?
The estimated value of the home located at 2 Pumping Station Road is $251,400.
What are some comparable homes to 2 Pumping Station Road?
There are currently no comparable homes to 2 Pumping Station Road.
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