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Rockingham 03874
250 Lafayette Rd
$300,000
● House - Off Market

250 Lafayette Rd

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath
square feet
888 Ft²
$371,007
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Multiple Offer Situation All Offers to be Submitted by Noon Wednesday, Offers to be submitted with all Required Documents, see attached documents and firm remarks. "Live, Work & Play" is at your fingertips in this single level living Renovated Ranch. Conveniently located close to shopping, major commuter routes and beaches! All the work has been done NEW septic, plumbing, electrical, windows, hardwood floors, modern kitchen & bath featuring stainless and ceramic tile. The 3 bedrooms offer flexibility of space if home office is needed. Supersized basement is ready for expansion of living space or dry storage!  Must see at this price point!  Covid Waiver attached in documents MUST be received before showings are confirmed.
Unit Size
888 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$315
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1963

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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 #72682242)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Jun 29, 2020 Listed by RE/MAX On The River, Inc. $279,900
Listed by RE/MAX On The River, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,900
  • Total Building Area: 840
  • Gross Building Area: 1,712
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000319
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267102

Zoning

  • Zoning: LM-C

Geography

  • Account Number: 1978/237
  • Parcel: SALI M:23 P: 2
  • Municipality: SALISBURY
  • Latitude: 42.8731
  • Longitude: -70.8697

    Address

  • Full Address: 250 Lafayette Rd
  • Address - House Number: 250
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 1236
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $372,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $356,300
  • Assessed Land Value: $162,400
  • Assessed Improvements Value: $193,900

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201116004950
  • Previous Sale Recording Date: Oct 26, 2020
  • Previous Sale Contract Date: Oct 21, 2020
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 27
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 17 Boynton, Seabrook, 03874

$1,850 /mo

  • 1 Bed
  • 1 Bath
  • 960 ft²
17 Boynton, Seabrook, 03874 Listing by Siga Snipas
Unit for rent at 21 Folly Mill, Seabrook, 03874

$2,050 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
21 Folly Mill #7B, Seabrook, 03874 Listing by Margaret Liotta

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72682242

Frequently Asked Questions

When was property at 250 Lafayette Road built and last sold?
The property at 250 Lafayette Road was built in 1963 and last sold on Nov 12, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 250 Lafayette Road is $272,893.
What are some comparable homes to 250 Lafayette Road?
There are currently no comparable homes to 250 Lafayette Road.
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