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Rockingham
47 Lancaster Farm Road
Listed by: Mark McGinn, McGinn & Associates Realty, LLC, Selling Office: Keller Williams Realty-Metropolitan, Listing Courtesy of Prime MLS
$632,000
● House - Off Market

47 Lancaster Farm Road

Salem, NH 03079
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,138 Ft²
$638,899
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

4 bedroom contemporary in sought after Salem location. Easy access to Rt 93, the mall, Tuscan Village. Great lot with plenty of woodlands for privacy yet still an abundance of natural light to help heat your in ground pool. There are 3 large bedrooms on the second level and a 4th on the first level. The open family/kitchen/dining is great for entertainment. If even more space is needed, you have a walk out basement ready to finished with large ceiling and plumbing ready for a future bath.
Unit Size
2,138 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$290
Property Type
House
Property Taxes
$638
HOA Dues
-
Year Built
1983

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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 #4943128)

Price History

Date / Event Date Event Price
Mar 27, 2023 Sold
Premium
Sold
Feb 14, 2023 Listed by McGinn & Associates Realty, LLC $620,000
Listed by McGinn & Associates Realty, LLC
Nov 3, 1994 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 979
  • 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: 2,138
  • Gross Building Area: 4,015
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 3

    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: 100301

Zoning

  • Zoning: RUR

Geography

  • Parcel: SLEM M:123 B:8618 L:
  • Block: 8618
  • Municipality: SALEM
  • Latitude: 42.7607
  • Longitude: -71.2659

    Address

  • Full Address: 47 Lancaster Farm Rd
  • Address - House Number: 47
  • Address - Street Name: Lancaster Farm
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: R007
  • 4-Digit Zip Code: 2867
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $812,000

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 669,949
  • High Value: 780,410
  • Low Value: 559,489

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $478,800
  • Assessed Land Value: $200,700
  • Assessed Improvements Value: $278,100

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Mar 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23008345
  • Previous Sale Recording Date: Nov 03, 1994
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: 27
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

Rentals Near You

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Prime

Listed by: Mark McGinn, McGinn & Associates Realty, LLC
Last Updated Date: 2023-03-29
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4943128
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 47 Lancaster Farm Road built and last sold?
The property at 47 Lancaster Farm Road was built in 1983 and last sold on Mar 27, 2023 for $632,000.
How much is this home worth?
The estimated value of the home located at 47 Lancaster Farm Road is $625,580.
What are some comparable homes to 47 Lancaster Farm Road?
There are currently no comparable homes to 47 Lancaster Farm Road.
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