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Rockingham
38 Wheeler Ave
Photo of 38 Wheeler Ave
Sold on Sep 27, 2006

1

Map

$295,000
● House - Off Market

38 Wheeler Ave

Salem, NH 03079
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,792 Ft²
$489,341
RealtyHop Estimate
68.80%
Since Oct 1, 2006
National-US
Primary Model

About This Property

Meticulous Raised Ranch, turn key in every way, 3 bedrooms, fireplace living room, beautiful hardwood floors, dining room, family room in finished lower level, 2 zone oil heat, heated garage, newer Harvey windows, shed w/electric service, municipal water & sewer...the best buy in town!
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$162
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1964

Payment Calculator

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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 #70458340)

Price History

Date / Event Date Event Price
Oct 27, 2006 Sold
Premium
Sold
Sep 27, 2006 Sold
Premium
Sold
Sep 14, 2006 Listed $289,900
Listed
Jan 21, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 9
  • Basement Area: 736
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,056
  • Gross Building Area: 2,264
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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:8372 L:
  • Block: 8372
  • Municipality: SALEM
  • Latitude: 42.775
  • Longitude: -71.19

    Address

  • Full Address: 38 Wheeler Ave
  • Address - House Number: 38
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Salem
  • Carrier Code: C017
  • 4-Digit Zip Code: 3438
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $635,500

    Appraisal Valuation

  • Standard Deviation: 0.1264
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 513,467
  • High Value: 578,385
  • Low Value: 448,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,700
  • Assessed Land Value: $152,500
  • Assessed Improvements Value: $222,200

    Sales

  • Current Sale Recording Date: Oct 27, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 21, 2000
  • Previous Sale Amount: $155,800
  • Previous Sale Document Type: 71
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:

$630,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2928 ft²

Average Home Age

47.6 years

Currently For Sale

760 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70458340

Frequently Asked Questions

When was property at 38 Wheeler Avenue built and last sold?
The property at 38 Wheeler Avenue was built in 1964 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 38 Wheeler Avenue is $302,917.
What are some comparable homes to 38 Wheeler Avenue?
There are currently no comparable homes to 38 Wheeler Avenue.
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