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Rockingham
3 Park Ave
$325,000
● House - Off Market

3 Park Ave

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,553 Ft²
$486,696
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Pride of ownership shows in this beautifully updated 3 bedroom Colonial set on a fantastic lot in a quiet & very desirable neighborhood. This is a home that has BROAD appeal..from the first-time buyer to the empty nester. So many features are abundantly present in this story book home including a recently renovated kitchen with granite, large formal dining room, fire-placed living room opening up to a large family room, hardwood floors, updated bathroom, and much more. Outside offers a large level lot with an abundance of potential, bordered by woods. Fantastic area close to shopping, schools, and everything else. Come see if this is your next "Home Sweet Home" Showings begin after open house on 11/4/18.
Unit Size
1,553 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$206
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #72418407)

Price History

Date / Event Date Event Price
Dec 28, 2018 Sold
Premium
Sold
Oct 31, 2018 Listed by Century 21 North East $319,900
Listed by Century 21 North East
Aug 4, 2009 Sold
Premium
Sold
Apr 28, 2009 Listed by Century 21 North East $209,900
Listed by Century 21 North East

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,000
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 1,553
  • Gross Building Area: 3,372
  • Building Area: 1,553
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,553
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100401

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:90 B:849 L:
  • Block: 849
  • Municipality: SALEM
  • Latitude: 42.7821
  • Longitude: -71.2217

    Address

  • Full Address: 3 Park Ave
  • Address - House Number: 3
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Salem
  • Carrier Code: C015
  • 4-Digit Zip Code: 3136
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $571,700

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 500,195
  • High Value: 588,710
  • Low Value: 411,679

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,100
  • Assessed Land Value: $162,900
  • Assessed Improvements Value: $174,200

    Sales

  • Current Sale Contract Date: Dec 27, 2018
  • Current Sale Recording Date: Dec 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18052566
  • Previous Sale Recording Date: Aug 04, 2009
  • Previous Sale Amount: $210,500
  • 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:

$629,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3116 ft²

Average Home Age

47.6 years

Currently For Sale

781 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 14 Tiffany, Salem, 03079

$1,625 /mo

  • 1 Bed
  • 1 Bath
  • 777 ft²
14 Tiffany #2, Salem, 03079 Listing by Heather Colbert
Unit for rent at 11 Lancelot, Salem, 03079

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 676 ft²
11 Lancelot #7, Salem, 03079 Listing by Tina Lisa

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72418407

Frequently Asked Questions

When was property at 3 Park Avenue built and last sold?
The property at 3 Park Avenue was built in 1900 and last sold on Dec 27, 2018 for $325,000.
How much is this home worth?
The estimated value of the home located at 3 Park Avenue is $324,739.
What are some comparable homes to 3 Park Avenue?
There are currently no comparable homes to 3 Park Avenue.
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