51 Nelson
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | Listed by Keller Williams Gateway Realty/Salem | $349,900 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
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Welcome to 51 Nelson Street in Salem, NH! Located in the desirable Tisdale Park, a 55+ community, this spacious 3-bedroom, 2-bathroom home offers comfortable single-level living. The large living room features a cozy gas fireplace, perfect for relaxing evenings. The eat-in kitchen provides plenty of cabinetry and counter space, with a washer and dryer that will stay for your convenience. Step outside to enjoy a large deck — ideal for entertaining or relaxing outdoors — and an additional shed for extra storage. Additional highlights include a whole-house generator for peace of mind and a single carport for covered parking. Enjoy the ease of low-maintenance living with close proximity to shopping, dining, and major commuting routes.
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| Dec 1, 2014 | Sold | ||
| Sold | |||
| Sep 28, 2014 | Listed by Coco, Early & Associates | $155,000 | |
| Listed by Coco, Early & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017