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Rockingham
232 Shore Drive
Photo of 232 Shore Drive
Sold on Nov 4, 2005

1

Map

$305,900
● House - Off Market

232 Shore Drive

Salem, NH 03079
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,625 Ft²
$543,168
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

Move right in!! New pump for well. Updated electrical. Hdwd floors, central A/C. Marble bath on first floor. Master suite w/full marble bath (jacuzzi) w/separate shower. Skylights & cathedral ceilings, w/w carpets & double closets. 2 car garage. Water views. Beach rights. All kitchen appliances included.
Unit Size
1,625 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$194
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1990

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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 #70174261)

Price History

Date / Event Date Event Price
Jul 31, 2007 Sold
Premium
Sold
Nov 7, 2005 Sold
Premium
Sold
Apr 15, 2005 Listed $314,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 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: 228
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,601
  • Gross Building Area: 4,580
  • Building Area: 1,601
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,601
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100100

Zoning

  • Zoning: REC

Geography

  • Parcel: SLEM M:34 B:5239 L:
  • Block: 5239
  • Municipality: SALEM
  • Latitude: 42.821
  • Longitude: -71.2139

    Address

  • Full Address: 232 Shore Dr
  • Address - House Number: 232
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R002
  • 4-Digit Zip Code: 1623
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $728,600

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 568,574
  • High Value: 666,690
  • Low Value: 470,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $429,600
  • Assessed Land Value: $132,800
  • Assessed Improvements Value: $296,800

    Sales

  • Current Sale Recording Date: Jul 31, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 07, 2005
  • Previous Sale Amount: $305,900
  • 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

$250

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2900 ft²

Average Home Age

49.8 years

Currently For Sale

1007 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 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# 70174261

Frequently Asked Questions

When was property at 232 Shore Drive built and last sold?
The property at 232 Shore Drive was built in 1990 and last sold on Jan 1, 1970 for $344,900.
How much is this home worth?
The estimated value of the home located at 232 Shore Drive is $324,855.
What are some comparable homes to 232 Shore Drive?
There are currently no comparable homes to 232 Shore Drive.
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