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Rockingham
5 London Rd.
Photo of 5 London Rd.
Sold on Jun 30, 2025

24

Map

Photo of 5 London Rd.
Photo of 5 London Rd.
$389,900
● House - Off Market

5 London Rd.

Salem, NH 03079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
800 Ft²
$2,341
Est. Monthly
5.77%
Cap Rate

About This Property

Fantastic opportunity to own a reasonably priced single-family home in a quiet North Salem neighborhood. Beach rights to Shadow Lake. Inside the home, you will find 4 rooms, 2 bedrooms, and bath. Freshly painted rooms. Good-sized driveway..
Unit Size
800 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$487
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1948

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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: 2 years ago (MLSPIN #73377639)

Price History

Date / Event Date Event Price
Jun 30, 2025 Sold
Premium
Sold
Jun 5, 2025 In contract -
In contract
May 20, 2025 Listed $389,900
Listed
May 7, 2021 Sold
Premium
Sold
Mar 23, 2021 Listed $319,900
Listed
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 936
  • Gross Building Area: 2,340
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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:37 B:4656 L:
  • Block: 4656
  • Municipality: SALEM
  • Latitude: 42.8155
  • Longitude: -71.238

    Address

  • Full Address: 5 London Rd
  • Address - House Number: 5
  • Address - Street Name: London
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: R008
  • 4-Digit Zip Code: 1423
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $467,400

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 402,683
  • High Value: 469,522
  • Low Value: 335,844

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,570
  • Assessed Land Value: $108,970
  • Assessed Improvements Value: $166,600

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21030433
  • Previous Sale Recording Date: Feb 21, 2018
  • Previous Sale Amount: $35,066
  • Previous Sale Document Type: O
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:

$635,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2892 ft²

Average Home Age

46.3 years

Currently For Sale

768 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73377639

Frequently Asked Questions

When was property at 5 London Road built and last sold?
The property at 5 London Road was built in 1948 and last sold on May 7, 2021 for $336,333.
How much is this home worth?
The estimated value of the home located at 5 London Road is $0.
What are some comparable homes to 5 London Road?
There are currently no comparable homes to 5 London Road.
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