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Rockingham
40 Sylvan
$257,000
● House - Off Market

40 Sylvan

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,098 Ft²
$504,360
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Must see, impeccable 3 bedroom raised ranch. Very well maintained, shining hardwood floors, and bright with natural light. Great potential to finish basement. Has a spacious 2 car attached garage and beautiful, manicured landscape. Enjoy your summers with rights to the private beach on Shadow lake around the corner. Close to shops and restaurants; easy access to highways and commuting routes. Move right in to this warm, inviting home and make it yours!
Unit Size
1,098 Ft²
Days on Market
-
Land Size
-
Price per sqft
$246
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1992

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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 #71761357)

Price History

Date / Event Date Event Price
Dec 17, 2014 Sold
Premium
Sold
Aug 2, 2014 Listed by Century 21 North Shore $269,900
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 506
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,098
  • Gross Building Area: 2,348
  • Building Area: 1,098
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,098
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • 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: RUR

Geography

  • Parcel: SLEM M:32 B:10477 L:
  • Block: 10477
  • Municipality: SALEM
  • Latitude: 42.8177
  • Longitude: -71.2343

    Address

  • Full Address: 40 Sylvan Dr
  • Address - House Number: 40
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R008
  • 4-Digit Zip Code: 1441
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $746,600

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 577,050
  • High Value: 661,091
  • Low Value: 493,009

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,200
  • Assessed Land Value: $200,700
  • Assessed Improvements Value: $239,500

    Sales

  • Current Sale Recording Date: Dec 17, 2014
  • 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

$250

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2900 ft²

Average Home Age

49.8 years

Currently For Sale

1007 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71761357

Frequently Asked Questions

When was property at 40 Sylvan Drive built and last sold?
The property at 40 Sylvan Drive was built in 1992 and last sold on Jan 1, 1970 for $257,000.
How much is this home worth?
The estimated value of the home located at 40 Sylvan Drive is $273,811.
What are some comparable homes to 40 Sylvan Drive?
There are currently no comparable homes to 40 Sylvan Drive.
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