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Rockingham
228 Lawrence Rd
$279,900
● House - Off Market

228 Lawrence Rd

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,018 Ft²
$423,414
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

2 bedroom 1 bath single family nestled on a great lot near Rt 28 and easy access to MA. plenty of parking and yard. Property was completely redone, granite counter tops stainless steel appliances new Central AC Unit, Hardwood floor throughout.
Unit Size
1,018 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$275
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1949

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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: 4 months ago (MLSPIN #72373708)

Price History

Date / Event Date Event Price
Sep 5, 2018 Sold
Premium
Sold
Aug 4, 2018 Listed by Century 21 North East $279,900
Listed by Century 21 North East
Apr 4, 2017 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7
  • Basement Area: 888
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,018
  • Gross Building Area: 2,110
  • Building Area: 1,018
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,018
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100401

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:137 B:248 L:
  • Block: 248
  • Municipality: SALEM
  • Latitude: 42.7533
  • Longitude: -71.2008

    Address

  • Full Address: 228 Lawrence Rd
  • Address - House Number: 228
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: C007
  • 4-Digit Zip Code: 4318
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $587,300

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 473,096
  • High Value: 546,508
  • Low Value: 399,683

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,300
  • Assessed Land Value: $152,800
  • Assessed Improvements Value: $193,500

    Sales

  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18036292
  • Previous Sale Recording Date: Apr 04, 2017
  • Previous Sale Amount: $125,000
  • 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

2911 ft²

Average Home Age

49.2 years

Currently For Sale

1038 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 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 12 Tiffany, Salem, 03079

$1,675 /mo

  • 1 Bed
  • 1 Bath
  • 780 ft²
12 Tiffany #3, Salem, 03079 Listing by Alanna Brush
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# 72373708

Frequently Asked Questions

When was property at 228 Lawrence Road built and last sold?
The property at 228 Lawrence Road was built in 1949 and last sold on Jan 1, 1970 for $279,933.
How much is this home worth?
The estimated value of the home located at 228 Lawrence Road is $283,443.
What are some comparable homes to 228 Lawrence Road?
There are currently no comparable homes to 228 Lawrence Road.
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