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Rockingham
5 Macfarland Rd
$245,000
● House - Off Market

5 Macfarland Rd

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,339 Ft²
$434,814
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Affordable Cape in great established neighborhood close to shopping and highways. A  lovely home with hardwood, separate dining room and eat-in kitchen.  New deck and gorgeous large level fenced lot ready for entertaining family and friends. Attached garage and plenty of parking. Bring Offers!!!  Best Price in the Area!!!  Hurry on this one!!!  Easy to show. Den could be 4th bedroom.
Unit Size
1,339 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$183
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1961

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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: 4 months ago (MLSPIN #71891655)

Price History

Date / Event Date Event Price
Oct 5, 2015 Sold
Premium
Sold
Aug 18, 2015 Listed by Century 21 North Shore/Fermin Group $245,000
Listed by Century 21 North Shore/Fermin Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 768
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,339
  • Gross Building Area: 3,031
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100302

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:126 B:9703 L:
  • Block: 9703
  • Municipality: SALEM
  • Latitude: 42.7618
  • Longitude: -71.2302

    Address

  • Full Address: 5 Macfarland Rd
  • Address - House Number: 5
  • Address - Street Name: Macfarland
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: C012
  • 4-Digit Zip Code: 3737
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $617,500

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 493,564
  • High Value: 565,446
  • Low Value: 421,682

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,100
  • Assessed Land Value: $148,400
  • Assessed Improvements Value: $215,700

    Sales

  • Current Sale Recording Date: Oct 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44455
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

2907 ft²

Average Home Age

49.5 years

Currently For Sale

1049 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 18 Artisan, Salem, 03079

$5,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,166 ft²
18 Artisan #UNIT207, Salem, 03079 Listing by Sterling Seymour
Unit for rent at 14 Tiffany, Salem, 03079

$1,625 /mo

  • 1 Bed
  • 1 Bath
  • 777 ft²
14 Tiffany #2, Salem, 03079 Listing by Heather Colbert
Unit for rent at 11 Lancelot, Salem, 03079

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 676 ft²
11 Lancelot #7, Salem, 03079 Listing by Tina Lisa

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71891655

Frequently Asked Questions

When was property at 5 Macfarland Road built and last sold?
The property at 5 Macfarland Road was built in 1961 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 5 Macfarland Road is $254,343.
What are some comparable homes to 5 Macfarland Road?
There are currently no comparable homes to 5 Macfarland Road.
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