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Rockingham
4 Erin Lane
Listed by: Laurie Shanley, Sue Padden Real Estate LLC, Selling Office: BHHS Verani Realty Andover, Listing Courtesy of Prime MLS
$720,000
● House - Off Market

4 Erin Lane

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,652 Ft²
$4,111
Est. Monthly
3.44%
Cap Rate

About This Property

Wonderful, 3 bedroom, 2 bath Colonial, located on a cul-de-sac with 3.1 acres. This house has an eat-in kitchen, large dining room and living room. The second floor has 3 good sized bedrooms and a full bath. The basement is finished with plenty of potential to fit your needs. It would be great for a playroom, family room or workout room. Also in the basement there is another room you could use as a fourth bedroom or office. This home has been loved and maintained by one owner. Within the last 5 years it has a new roof, new retaining wall, new carpets in living room and bedrooms, also the deck has been redone. Plenty of room for a pool, yard games or backyard bbq. This is a must see!!! Very close to the Massachusetts border, you will be in Methuen or Haverhill within minutes.
Unit Size
2,652 Ft²
Days on Market
-
Land Size
3.10 acres
Price per sqft
$260
Property Type
House
Property Taxes
$723
HOA Dues
-
Year Built
1995

Payment Calculator (Computations Provided by RealtyHop)

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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: 3 years ago (Prime MLS #4990704)

Price History

Date / Event Date Event Price
May 14, 2024 Sold
Premium
Sold
Apr 10, 2024 Listed by Sue Padden Real Estate LLC $689,900
Listed by Sue Padden Real Estate LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 884
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 135,036
  • Total Building Area: 1,768
  • Gross Building Area: 3,256
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100200

Zoning

  • Zoning: RUR

Geography

  • Parcel: SLEM M:69 B:11352 L:
  • Block: 11352
  • Municipality: SALEM
  • Latitude: 42.7997
  • Longitude: -71.1809

    Address

  • Full Address: 4 Erin Ln
  • Address - House Number: 4
  • Address - Street Name: Erin
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Salem
  • Carrier Code: R005
  • 4-Digit Zip Code: 2475
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $867,500

    Appraisal Valuation

  • Standard Deviation: 0.1264
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 674,327
  • High Value: 759,583
  • Low Value: 589,071

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $511,500
  • Assessed Land Value: $216,100
  • Assessed Improvements Value: $295,400
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

2911 ft²

Average Home Age

49.2 years

Currently For Sale

1038 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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Prime

Listed by: Laurie Shanley, Sue Padden Real Estate LLC
Last Updated Date: 2024-05-15
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4990704
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 4 Erin Lane built and last sold?
The property at 4 Erin Lane was built in 1995 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Erin Lane is $0.
What are some comparable homes to 4 Erin Lane?
There are currently no comparable homes to 4 Erin Lane.
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