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Merrimack
278 North Rd
Listed by: Michele Daniels, BHHS Verani Belmont, Selling Office: KW Coastal and Lakes & Mountains Realty, Listing Courtesy of Prime MLS
$114,900
● House - Off Market

278 North Rd

Salisbury, NH 03235
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,268 Ft²
$202,828
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Single level living at its best, 3 bedroom, 1.5 bath, with extra room for an office. Home lends itself to a very comfortable open concept flow. Lot has some mature landscaping.
Unit Size
2,268 Ft²
Days on Market
-
Land Size
5.20 acres
Price per sqft
$53
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
2001

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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: 3 years ago (Prime MLS #4454227)

Price History

Date / Event Date Event Price
Feb 16, 2024 Sold
Premium
Sold
Nov 2, 2023 Listed by BHHS Verani Belmont $439,200
Listed by BHHS Verani Belmont
Aug 29, 2023 Sold
Premium
Sold
Oct 24, 2018 Sold
Premium
Sold
Jul 20, 2016 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 226,948
  • Total Building Area: 2,456
  • Gross Building Area: 5,608
  • Building Area: 2,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack Valley School District
  • School Tax School District: MERRIMACK VLY
  • Census Tract: 042500

Zoning

  • Zoning: AGRICU

Geography

  • Parcel: SLSB M:00253 L:000003 S:000000
  • Lot: 3
  • Municipality: SALISBURY
  • Latitude: 43.4179
  • Longitude: -71.7036

    Address

  • Full Address: 278 North Rd
  • Address - House Number: 278
  • Address - Street Name: North
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Franklin
  • Carrier Code: R003
  • 4-Digit Zip Code: 5428
  • Zip Code: 03235

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $671,800

    Appraisal Valuation

  • Standard Deviation: 0.0768
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 327,917
  • High Value: 353,108
  • Low Value: 302,726

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $420,900
  • Assessed Land Value: $101,800
  • Assessed Improvements Value: $319,100

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202400002121
  • Previous Sale Recording Date: Aug 29, 2023
  • Previous Sale Contract Date: Aug 09, 2023
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 34
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 Merrimack

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3231 ft²

Average Home Age

73.8 years

Currently For Sale

348 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Michele Daniels, BHHS Verani Belmont
Last Updated Date: 2016-07-19
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4454227
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 278 North Road built and last sold?
The property at 278 North Road was built in 2001 and last sold on Feb 16, 2024 for $379,200.
How much is this home worth?
The estimated value of the home located at 278 North Road is $429,195.
What are some comparable homes to 278 North Road?
There are currently no comparable homes to 278 North Road.
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