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Rockingham
5 Franklin St
Photo of 5 Franklin St
Sold on Feb 22, 2008

1

Map

$243,080
● House - Off Market

5 Franklin St

Salem, NH 03079
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,032 Ft²
$490,152
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

Ranch style home with great addition built in 2005, large master w/full whirlpool bath/california closet/shower, great room w/hardwood, updated kitchen,ceiling fans, full basement, lovely lot w/above ground pool, shed.  Great location.  Property sold as is.
Unit Size
2,032 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$130
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #70690607)

Price History

Date / Event Date Event Price
Feb 22, 2008 Sold
Premium
Sold
Jan 11, 2008 Sold
Premium
Sold
Dec 28, 2007 Listed $264,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 1,072
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,032
  • Gross Building Area: 3,504
  • Building Area: 2,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,032
  • 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: 100200

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:81 B:2943 L:
  • Block: 2943
  • Municipality: SALEM
  • Latitude: 42.7884
  • Longitude: -71.2271

    Address

  • Full Address: 5 Franklin St
  • Address - House Number: 5
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: NH
  • City Name: Salem
  • Carrier Code: C014
  • 4-Digit Zip Code: 2533
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $738,400

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 601,833
  • High Value: 705,689
  • Low Value: 497,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,400
  • Assessed Land Value: $151,300
  • Assessed Improvements Value: $284,100

    Sales

  • Current Sale Recording Date: Feb 22, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 11, 2008
  • Previous Sale Amount: $320,200
  • Previous Sale Document Type: 34
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

53

Average Home Size

3046 ft²

Average Home Age

48.5 years

Currently For Sale

1098 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 48 Mary Ann, Salem, 03079

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 3,016 ft²
48 Mary Ann, Salem, 03079 Listing by Lisa Marie Engle

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70690607

Frequently Asked Questions

When was property at 5 Franklin Street built and last sold?
The property at 5 Franklin Street was built in 1965 and last sold on Jan 1, 1970 for $243,100.
How much is this home worth?
The estimated value of the home located at 5 Franklin Street is $287,139.
What are some comparable homes to 5 Franklin Street?
There are currently no comparable homes to 5 Franklin Street.
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