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Rockingham
28 Wheeler Avenue
$705,000
● House - Off Market

28 Wheeler Avenue

Salem, NH 03079
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,458 Ft²
$769,525
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Motivated Seller! Welcome to one of the most admired homes in sought after Taylor Farms. This home is perfectly situated on a corner lot in the Barron School District. Walk into the front entry and you will immediately feel at home in this meticulously maintained residence. Easy first floor living with two of the bedrooms just a half staircase away. The main level consists of a fire-placed family room, eat-in kitchen, dining room, den, bedroom and laundry/mudroom. Up a short extra wide stairway you will find a generous sized primary bedroom suite and an additional bedroom and bath. Bring the outdoors in with stunning oversized windows. Central air, whole house generator, 3-car garage and so much more. Easy access to all major routes - all the reasons why you will want to choose this custom home.
Unit Size
2,458 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$301
Property Type
House
Property Taxes
$819
HOA Dues
-
Year Built
1997

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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: 6 months ago (MLSPIN #72966079)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Apr 13, 2022 Listed by Keller Williams Gateway Realty $739,900
Listed by Keller Williams Gateway Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 1,560
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 2,458
  • Gross Building Area: 5,538
  • Building Area: 2,458
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,458
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100402

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:102 B:10306 L:
  • Block: 10306
  • Municipality: SALEM
  • Latitude: 42.7763
  • Longitude: -71.1895

    Address

  • Full Address: 28 Wheeler Ave
  • Address - House Number: 28
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Salem
  • Carrier Code: C017
  • 4-Digit Zip Code: 3447
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,046,600

    Appraisal Valuation

  • Standard Deviation: 0.1388
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 790,859
  • High Value: 900,666
  • Low Value: 681,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,100
  • Assessed Land Value: $163,300
  • Assessed Improvements Value: $453,800

    Sales

  • Current Sale Contract Date: Sep 28, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22042183
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:

$634,900

Sale Price/ft²

$254

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2920 ft²

Average Home Age

46.1 years

Currently For Sale

771 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72966079

Frequently Asked Questions

When was property at 28 Wheeler Avenue built and last sold?
The property at 28 Wheeler Avenue was built in 1997 and last sold on Sep 28, 2022 for $705,000.
How much is this home worth?
The estimated value of the home located at 28 Wheeler Avenue is $740,475.
What are some comparable homes to 28 Wheeler Avenue?
There are currently no comparable homes to 28 Wheeler Avenue.
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