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Rockingham
4 Second Street
$41,200
● House - Off Market

4 Second Street

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
760 Ft²
$147,421
RealtyHop Estimate
287.95%
Since Mar 1, 1995
National-US
Primary Model

About This Property

NEW ROOF. NEW WIRING 100 AMP-220V. 6 YEAR OLD VINYL SIDING. NEW WALLS, NEW BATH, NEW PLUMBING. GREAT STARTER HOME! WALK TO ARLINGTON LAKE.HOUSE WILL BE ON LOCKBOX SOON. CALL LISTING OFFCE,NOW VACANT.YEAR-ROUND RANCH/BUNGALOW ON LAKE.
Unit Size
760 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$50
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1948

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: 4 years ago (MLSPIN #30017458)

Price History

Date / Event Date Event Price
Oct 5, 2001 Sold
Premium
Sold
Feb 24, 1995 Sold
Premium
Sold
Nov 19, 1994 Listed by Danny Sordello $38,000
Listed by Danny Sordello

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • 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: 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: 4,792
  • Total Building Area: 753
  • Gross Building Area: 1,562
  • Building Area: 753
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 753
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100100

Zoning

  • Zoning: REC

Geography

  • Parcel: SLEM M:28 B:5628 L:
  • Block: 5628
  • Municipality: SALEM
  • Latitude: 42.8258
  • Longitude: -71.2044

    Address

  • Full Address: 4 2nd St
  • Address - House Number: 4
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NH
  • City Name: Salem
  • Carrier Code: R003
  • 4-Digit Zip Code: 1738
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $335,800

    Appraisal Valuation

  • Standard Deviation: 0.1264
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 283,208
  • High Value: 319,014
  • Low Value: 247,401

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,000
  • Assessed Land Value: $121,700
  • Assessed Improvements Value: $76,300

    Sales

  • Current Sale Recording Date: Oct 05, 2001
  • Current Sale Price:
    Premium
  • Current 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:

$625,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2908 ft²

Average Home Age

49.6 years

Currently For Sale

1027 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 40 Mary Ann, Salem, 03079

$6,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,192 ft²
40 Mary Ann, Salem, 03079 Listing by Paul Redmond
Unit for rent at 30 Stickney, Atkinson, 03811

$4,000 /mo

  • 2 Beds
  • 1 Bath
  • 2,045 ft²
30 Stickney, Atkinson, 03811

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30017458

Frequently Asked Questions

When was property at 4 2nd Street built and last sold?
The property at 4 2nd Street was built in 1948 and last sold on Jan 1, 1970 for $126,900.
How much is this home worth?
The estimated value of the home located at 4 2nd Street is $47,572.
What are some comparable homes to 4 2nd Street?
There are currently no comparable homes to 4 2nd Street.
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