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Merrimack 03235
348 North Road
$225,000
● House - Off Market

348 North Road

Salisbury, NH 03235
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,654 Ft²
$555,487
RealtyHop Estimate
131.55%
Since Jan 1, 2012
National-US
Primary Model

About This Property

Country Home Priced to Sell: Salisbury Cntry Setting - 4 br, 3 ba, 2,654 sq ftg, quality built Colonial on 3.76 pvt acres of level land with a 3 stall detached garage/barn perfect for the recreation enthusiast. Close to skiing, snowmobile trails, hiking trails, horse properties, and conservation land – easy commute north or south. Large open kitchen for family & friends, hardwood floors, first floor laundry, mstr br with ba and full walk in closet. Roomy br, office nook, lg fmly rm.
Unit Size
2,654 Ft²
Days on Market
-
Land Size
3.76 acres
Price per sqft
$90
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1996

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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 #71298418)

Price History

Date / Event Date Event Price
Sep 2, 2020 Sold
Premium
Sold
Jul 22, 2020 Listed by Exit 1st Realty $320,000
Listed by Exit 1st Realty
Dec 14, 2011 Sold
Premium
Sold
Oct 10, 2011 Listed by Exit 1st Realty $239,900
Listed by Exit 1st Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,204
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 163,786
  • Total Building Area: 2,515
  • Gross Building Area: 3,880
  • Building Area: 2,515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,515
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003760
  • 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:00248 L:000026 S:000000
  • Lot: 26
  • Municipality: SALISBURY
  • Latitude: 43.4215
  • Longitude: -71.7086

    Address

  • Full Address: 348 North Rd
  • Address - House Number: 348
  • Address - Street Name: North
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Franklin
  • Carrier Code: R003
  • 4-Digit Zip Code: 5429
  • Zip Code: 03235

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $679,900

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 80
  • Final Value: 547,951
  • High Value: 633,971
  • Low Value: 461,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $426,000
  • Assessed Land Value: $94,300
  • Assessed Improvements Value: $331,700

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202000018980
  • Previous Sale Recording Date: Dec 14, 2011
  • Previous Sale Amount: $225,000
  • 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 Merrimack

Stats & Trends

Median Asking:

$480,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

58

Average Home Size

3337 ft²

Average Home Age

72.2 years

Currently For Sale

464 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: 4 months ago
Data Source: MLS PIN, MLS# 71298418

Frequently Asked Questions

When was property at 348 North Road built and last sold?
The property at 348 North Road was built in 1996 and last sold on Aug 31, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 348 North Road is $331,816.
What are some comparable homes to 348 North Road?
There are currently no comparable homes to 348 North Road.
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