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Rockingham
24 Orchard Terrace
Listed by: Ann Margaret McKillop, BHHS Verani Windham, Selling Office: RE/MAX Innovative Properties, Listing Courtesy of Prime MLS
$205,000
● House - Off Market

24 Orchard Terrace

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,360 Ft²
$336,952
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

So Worth The Wait! Fireplace in living room with big bright windows streaming in lots of natural light. Hardwood, Recessed Lighting, Walk in Closet, Cathedral Ceilings, Pellet Stove and a great Tiled Walk In Shower! Updates Include; Roof, Windows, Siding, Cabinetry and Granite. Open floor plan with Ceiling Fans, Sky Light, Eat in Kitchen and French Doors to side yard. Nice potential, needs some work, located on a quiet side street just minutes to the highway! ~Short Sale~
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$147
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1957

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 #4490842)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Premium
Sold
Sep 11, 2019 Listed by BHHS Verani Windham $289,000
Listed by BHHS Verani Windham
Nov 7, 2016 Sold
Premium
Sold
May 18, 2016 Listed by BHHS Verani Windham $200,000
Listed by BHHS Verani Windham

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,360
  • Gross Building Area: 2,720
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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:71 B:3337 L:
  • Block: 3337
  • Municipality: SALEM
  • Latitude: 42.7946
  • Longitude: -71.2439

    Address

  • Full Address: 24 Orchard Ter
  • Address - House Number: 24
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ter
  • State: NH
  • City Name: Salem
  • Carrier Code: C020
  • 4-Digit Zip Code: 2098
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $580,500

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 474,284
  • High Value: 553,008
  • Low Value: 395,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,300
  • Assessed Land Value: $147,600
  • Assessed Improvements Value: $194,700

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19045776
  • Previous Sale Recording Date: Nov 07, 2016
  • Previous Sale Amount: $205,000
  • 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:

$629,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3050 ft²

Average Home Age

48.1 years

Currently For Sale

761 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 8 Lancelot, Salem, 03079

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 916 ft²
8 Lancelot #17, Salem, 03079 Listing by Caroleann M. Ohannessian
Unit for rent at 48 Mary Ann, Salem, 03079

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 3,016 ft²
48 Mary Ann, Salem, 03079 Listing by Lisa Marie Engle

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Ann Margaret McKillop, BHHS Verani Windham
Last Updated Date: 2016-11-08
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4490842
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 24 Orchard Terrace built and last sold?
The property at 24 Orchard Terrace was built in 1957 and last sold on Oct 31, 2019 for $285,000.
How much is this home worth?
The estimated value of the home located at 24 Orchard Terrace is $293,945.
What are some comparable homes to 24 Orchard Terrace?
There are currently no comparable homes to 24 Orchard Terrace.
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