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Rockingham
4 Spring Street
Listed by: Mary Thomas, Century 21 North East, Selling Office: Arris Realty, Listing Courtesy of Prime MLS
$241,000
● House - Off Market

4 Spring Street

Salem, NH 03079
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,880 Ft²
$337,498
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

This home needs some rehab and TLC, with some hard work you will gain more equity. With 3 bedrooms, 2.5 baths and a fenced in back yard, there is plenty of potential to transform this house into a home. Great location close to highways, stores, commuter rails and the new Tuscan Village. Walking  distance to shops and restaurants and the rail trail for walking. This property needs updating/rehab and may  not qualify for FHA or VA financing.  Will need to allow tenant 60 days to close from date of contract .
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$138
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1950

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 #4834816)

Price History

Date / Event Date Event Price
May 19, 2022 Sold
Premium
Sold
Mar 22, 2022 Listed by Century 21 North East $419,000
Listed by Century 21 North East
Jan 5, 2021 Sold
Premium
Sold
Oct 18, 2020 Listed by Century 21 North East $259,900
Listed by Century 21 North East

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 15
  • 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: 7
  • Basement Area: 1,124
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,808
  • Gross Building Area: 3,196
  • Building Area: 1,808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,808
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: RES

Geography

  • Parcel: SLEM M:89 B:1198 L:
  • Block: 1198
  • Municipality: SALEM
  • Latitude: 42.7834
  • Longitude: -71.2275

    Address

  • Full Address: 4 Spring St
  • Address - House Number: 4
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: NH
  • City Name: Salem
  • Carrier Code: C015
  • 4-Digit Zip Code: 2549
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $675,700

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 549,349
  • High Value: 654,214
  • Low Value: 444,485

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,400
  • Assessed Land Value: $137,700
  • Assessed Improvements Value: $260,700

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22022111
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

2907 ft²

Average Home Age

49.5 years

Currently For Sale

1049 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 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau
Unit for rent at 8 Lancelot, Salem, 03079

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 916 ft²
8 Lancelot #17, Salem, 03079 Listing by Caroleann M. Ohannessian

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Mary Thomas, Century 21 North East
Last Updated Date: 2021-09-01
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4834816
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 Spring Street built and last sold?
The property at 4 Spring Street was built in 1950 and last sold on May 17, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 4 Spring Street is $0.
What are some comparable homes to 4 Spring Street?
There are currently no comparable homes to 4 Spring Street.
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