Rockingham
5 Shore Drive
$860,000
●
House -
Off Market
5 Shore Drive
Salem, NH 03079
2 Beds
2 Baths
1,788 Ft²
$894,287
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Exceptional price reduction with additional $10,000 bac! Endless
summer activities to be enjoyed on this large level lot, with
your own private beach and dock. New vinyl fencing provides privacy
along with a large fenced in area for your dogs or a space for kids
to play! This 3 bed septic /2 bath/used as 2 bdrm, home is move in
ready, with brand new kitchen with custom cabinets, all stainless
steel appliances and beautiful quartz countertops with center
island. New white oak flooring throughout the main living area and
upstairs. Slider in kitchen provides easy access to the back deck
and stairs directly to the backyard! Check out the brand new
bathroom with washer/dryer to make laundry an easy task. New
bathroom has heated floors, soaking tub, and tile. Downstairs you
will find a cozy living room, complete with a new pellet stove and
another slider exiting to the backyard. A utility room, office
area, 3/4 bath (great for guest changing) Seller obtained
shore protection permit for add
Unit Size
1,788 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$503
Property Type
House
Property Taxes
$953
HOA Dues
-
Year Built
1993
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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: 4 months ago (MLSPIN #73137311)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | In contract | - | |
| In contract | |||
| Jul 27, 2023 | Price Decreased |
$899,900
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Jul 17, 2023 | Listed by KSRJ - Signature Realty Group | $919,900 | |
| Listed by KSRJ - Signature Realty Group | |||
| | |||
|
Exceptional price reduction with additional $10,000 bac! Endless summer activities to be enjoyed on this large level lot, with your own private beach and dock. New vinyl fencing provides privacy along with a large fenced in area for your dogs or a space for kids to play! This 3 bed septic /2 bath/used as 2 bdrm, home is move in ready, with brand new kitchen with custom cabinets, all stainless steel appliances and beautiful quartz countertops with center island. New white oak flooring throughout the main living area and upstairs. Slider in kitchen provides easy access to the back deck and stairs directly to the backyard! Check out the brand new bathroom with washer/dryer to make laundry an easy task. New bathroom has heated floors, soaking tub, and tile. Downstairs you will find a cozy living room, complete with a new pellet stove and another slider exiting to the backyard. A utility room, office area, 3/4 bath (great for guest changing) Seller obtained shore protection permit for add
| |||
| Jun 21, 2023 | Listed by KSRJ - Signature Realty Group | $899,900 | |
| Listed by KSRJ - Signature Realty Group | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
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