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Rockingham
5 Cole Street
Listed by: Selma Apovian, Selmas Real Estate LLC, Selling Office: Susan J Tisbert Realty, Listing Courtesy of Prime MLS
$360,000
● House - Off Market

5 Cole Street

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,429 Ft²
$459,712
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Fantastic South Salem NH home and neighborhood . One floor Ranch with 3 bedrooms, garage, fenced yard, hardwood floors, fireplace and  finished lower level . walk up attic, Updated roof, new "Hardie cement siding" and electrical for this well kept home from a long time owner. Special bonus with all furniture and furnishings staying. Great first time home buyer home . Keep what you want and SELL the rest . Close to school and shopping. Make your move Today and start your lifetime savings.
Unit Size
1,429 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$245
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1953

Payment Calculator (Computations Provided by RealtyHop)

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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: 3 years ago (Prime MLS #4834812)

Price History

Date / Event Date Event Price
Dec 8, 2020 Sold
Premium
Sold
Oct 18, 2020 Listed by Selmas Real Estate LLC $349,900
Listed by Selmas Real Estate LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,008
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,008
  • Gross Building Area: 2,446
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100402

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:110 B:8072 L:
  • Block: 8072
  • Municipality: SALEM
  • Latitude: 42.7685
  • Longitude: -71.2

    Address

  • Full Address: 5 Cole St
  • Address - House Number: 5
  • Address - Street Name: Cole
  • Address - Suffix Type: St
  • State: NH
  • City Name: Salem
  • Carrier Code: C005
  • 4-Digit Zip Code: 3931
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594,400

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 490,725
  • High Value: 566,873
  • Low Value: 414,577

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,500
  • Assessed Land Value: $158,500
  • Assessed Improvements Value: $192,000

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20069162
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

2897 ft²

Average Home Age

49.3 years

Currently For Sale

1046 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: Selma Apovian, Selmas Real Estate LLC
Last Updated Date: 2020-12-09
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4834812
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 5 Cole Street built and last sold?
The property at 5 Cole Street was built in 1953 and last sold on Dec 2, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 5 Cole Street is $0.
What are some comparable homes to 5 Cole Street?
There are currently no comparable homes to 5 Cole Street.
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